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2. ECO 365 Enire Course and Final Guide ECO 365 Entire Course • ECO 365 Enire Course and Final Guide • ECO 365 Week 1 Discussion Question 1 • ECO 365 Week 1 Discussion Question 2 • ECO 365 Week 2 Discussion Question 1 • ECO 365 Week 2 Discussion Question 2 • ECO 365 Week 2 Individual Assignment Supply and Demand Simulation • ECO 365 Week 2 Learning Team Reflection Production and Cost Analysis • ECO 365 Week 3 Discussion Question 1 • ECO 365 Week 3 Discussion Question 2 • ECO 365 Week 3 Team Assignment Current Market Conditions Competitive Analysis eco 365 mart Peer Educator/eco365martdotcom

3. ECO 365 Final Exam Guide (New) ECO 365 Final Guide • 1. Because you can only obtain more of one good by giving up some of another good, the shape of a production possibility curve is _______________. • 2. Refer to the table shown. The average product when eight workers are employed is _____6____ • ECO 365 Final Exam Guide • 1) An economist who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged in eco 365 mart Peer Educator/eco365martdotcom

4. ECO 365 Week 1 Discussion Question 1 ECO 365 Week 1 Discussion Question 2 • What is economics? What role does economics play in your personal and organizational decisions? Provide an example of the role of economics in decision making. • Identify a recent purchase in which the price of the product was an important consideration in the decision-making process related to purchasing the product. What other factors affected your decision? How important was your income as a factor? eco 365 mart Peer Educator/eco365martdotcom

5. ECO 365 Week 2 Discussion Question 1 ECO 365 Week 2 Discussion Question 2 • What is the law of diminishing marginal productivity? How does the law of diminishing marginal productivity affect the cost of productions? Provide an example from your workplace. • Why is the demand of labor a derived demand? What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar? What are some factors that determine the level of your income? eco 365 mart Peer Educator/eco365martdotcom

6. ECO 365 Week 2 Individual Assignment Supply and Demand Simulation ECO 365 Week 2 Learning Team Reflection Production and Cost Analysis • Complete the Supply and Demand Simulation located on the student website. • Write 700 - 1,050-word paper of no more than summarizing the content. Address the following: • Identify two microeconomics and two macroeconomics principles or concepts from the simulation. • Discuss this week’s objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field. eco 365 mart Peer Educator/eco365martdotcom

7. ECO 365 Week 3 Discussion Question 1 ECO 365 Week 3 Discussion Question 2 • What conditions exist when economic profits are maximized? What is the difference between economic and accounting profits? What are economic profit-maximizing strategies that may be made by a perfectly competitive • What are some real-life examples of monopolistically competitive, oligopoly, and monopoly markets? How do market prices differ between perfectly and imperfectly competitive markets? Will a monopoly always produce at a profit-maximizing output level? eco 365 mart Peer Educator/eco365martdotcom

8. ECO 365 Week 3 Learning Team Reflection Summary Market Structure ECO 365 Week 3 Team Assignment Current Market Conditions Competitive Analysis • Discuss this week’s objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field. • Imagine you are part of a strategic planning group at a large corporation that is considering developing a new proposed product. The marketing director has asked your team to do a competitive market analysis to determine the product’s potential success. eco 365 mart Peer Educator/eco365martdotcom

9. ECO 365 Week 4 Discussion Question 1 ECO 365 Week 4 Discussion Question 2 • What is an externality? Provide at least three examples. How does one of the examples you provided affect the market outcome? What is the role of government in addressing the implications of an externality you provided as an example? • What effect do government intervention, taxation, and regulations have on economic behavior? Explain. • What are real-world examples of government intervention, taxation, and regulations? What are the goals of each? eco 365 mart Peer Educator/eco365martdotcom

10. ECO 365 Week 4 Individual Assignment Differentiating Between Market Structures Table ECO 365 Week 4 Learning Team Reflection Public Policy in Economics • For this assignment, you will choose from the following options: • Option 1: Differentiating Between Market Structures in Kudler • Option 2: Differentiating Between Market Structures in an Organization of Your Choice • Discuss this week’s objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field. eco 365 mart Peer Educator/eco365martdotcom

11. ECO 365 Week 5 Team Assignment Competitive Strategies and Government Policies • Management has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry eco 365 mart Peer Educator/eco365martdotcom

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