ECO 212 MASTER Quest For Excellence/eco212masterdotcom

1. ECO 212 MASTER Quest For Excellence/eco212masterdotcom FOR MORE CLASSES VISIT www.eco212master.com

2. ECO 212 Entire Course • ECO 212 Week 1 Individual Assignment How People Make Economic Decisions Paper • ECO 212 Week 1 DQ 1 • ECO 212 Week 1 DQ 2 • ECO 212 Week 2 Learning Team Assignment Supply, Demand and Price Elasticity Paper • ECO 212 Week 2 DQ 1 • ECO 212 Week 2 DQ 2 • ECO 212 Week 2 DQ 3 • ECO 212 Week 3 Learning Team Assignment Differentiating Between Market Structures Paper • ECO 212 Week 3 DQ 1

3. ECO 212 Week 1 DQ 1 • What is Economics? How do you see it applied in your personal and professional endeavors?

4. ECO 212 Week 1 DQ 2 • What is elasticity? What makes a product elastic? What makes a product inelastic?

5. ECO 212 Week 1 Individual Assignment How People Make Economic Decisions Paper • Individual Assignment due Day 7: How People Make Economic Decisions Paper • Write a 350- to 700-word paper in which you address the following: • Briefly explain the principles of individual decision-making. • Provide an example of a decision in which you compared the marginal benefits and the marginal costs associated with that decision. • What were the marginal benefits and marginal costs associated with that decision? • What incentives could have led you to make a different decision? • Explain how the principles of economics relate to decision-making, interaction, and the workings of the economy as a whole. • Briefly describe the main attributes of the following economic systems: market economy, centrally planned economy, and mixed economy.

6. ECO 212 Week 2 DQ 1 • What are the four Market Structures? Please list a distinguishing characteristic of each. Why should business managers understand this concept?

7. ECO 212 Week 2 DQ 2 • What is the Law of Diminishing Returns? What are the impacts to an organization when the Law takes effect?

8. ECO 212 Week 2 DQ 3 • What does the term "Marginal" mean? How is it applied in Microeconomics?

9. ECO 212 Week 2 Learning Team Assignment Supply, Demand and Price Elasticity Paper • Learning Team Assignment Due Day 7: Supply, Demand and Price Elasticity Paper • List 10 commodities that you use daily. Examples of these products may include: salt, coffee beans, and wheat. • Choose one of these products from the list of commodity products. Assume that this product operates within a market economy. • Write a 700- to 1,050-word paper addressing the following for the team’s chosen commodity: • Identify causes for shifts in supply and demand for the chosen product. • Explain how these shifts in supply and demand influence price, quantity and market equilibrium.

10. ECO 212 Week 3 DQ 1 • What is Macroeconomics? How does it differ from Microeconomics?

11. ECO 212 Week 3 DQ 2 • What is Gross Domestic Product? What are its components? Which is the largest component, and what does this bode for our economy?

12. ECO 212 Week 3 DQ 3 • What is inflation? What is unemployment? Is there a relationship between the two?

13. ECO 212 Week 3 Learning Team Assignment Differentiating Between Market Structures Paper • Learning Team Assignment Due Day 7: Differentiating Between Market Structures Table and Paper • Resources: Market Structure Table • Complete the Market Structure Table located on your student web site. • Write a 1,050- to 1,400-word paper addressing the following questions: • Compare and contrast public goods, private goods, common resources, and natural monopolies. • Explain how labor market equilibrium is affected by the supply and demand of labor. • Select an organization with which you are familiar and identify the market structure of that organization. Describe the characteristics of the organization that make it a specific market structure. Evaluate the effectiveness of this structure for the organization.

14. ECO 212 Week 4 DQ 1 • What is the Federal Reserve? How is it structured, what are some tools that it uses to conduct Monetary Policy?

15. ECO 212 Week 4 DQ 2 • What is Fiscal Policy? Who conducts Fiscal Policy, and how is it different from the Monetary Policy conducted by the Federal Reserve?

16. ECO 212 Week 4 DQ 3 • What is the business cycle and what are its key stages? What stage of the business cycle are we currently in now?

17. ECO 212 Week 4 Individual Assignment Measuring Economic Health Memo • Individual Assignment Due Day 7: Measuring Economic Health Memo • Write a 350- to 700-word memo addressing the following: • Describe the use of Gross Domestic Product (GDP) to measure the business cycle. • Describe the roles of government bodies that determine national fiscal policies. • Explain the effects of fiscal policies on the economy’s production and employment. How do changes in government spending and taxes positively or negatively affect the economy’s production and employment? • Format your paper consistent with APA guidelines.

18. ECO 212 Week 5 DQ 1 • What are the terms of trade? Why are they important to consider in International Trade theory?

19. ECO 212 Week 5 DQ 2 • What causes a currency to rise? What causes a currency to fall? How are currencies valued today?

20. ECO 212 Week 5 DQ 3 • What is the World Trade Organization? What does it do and why is it important to international trade?

21. ECO 212 Week 5 Learning Team Assignment International Trade Simulation and Report • Individual Assignment Due Day 7: Final Examination • Resource: Economics • Select the link to the Final Examination on your student website available from the end of Week Four through the end of Week Five. • Complete the Final Examination. You are allowed one attempt to complete the exam, which is timed and must be completed in 3 hours. Results are auto-graded and sent to your instructor. • Learning Team Assignment Due Day 7: International Trade Simulation and Report

22. ECO 212 MASTER Quest For Excellence/eco212masterdotcom FOR MORE CLASSES VISIT www.eco212master.com