ECO 203 Inspiring Minds/newtonhelp.com

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ECO 203 Inspiring Minds/newtonhelp.com
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ECO 203 Inspiring Minds/newtonhelp.com

• ECO 203 Entire Course (3 Set)
•  
• For more course tutorials visit
• www.newtonhelp.com
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• This Tutorial contains 3 Set of Papers for each
  Assignment, 4 Set of Quiz for each Week (DQs1
  Set Only)
• ECO 203 Week 1 DQ 1 Economics Systems
• ECO 203 Week 1 DQ 2 Role of Government
• ECO 203 Week 1 Quiz (4 Set)
• ECO 203 Week 2 Journal Challenges to the American
  Labor Force
• ECO 203 Week 2 DQ 1 The Current State of the
  Economy and Unemployment
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• ECO 203 Week 1 DQ 1 Economics Systems (Ash
  Course)
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• Economics Systems-Discussion 1
• Discuss how your college education could be
  considered an investment in human capital.  What
  is the opportunity cost of your degree?
• Reference Chapter 1, section 1.1 Economics and
  Chapter 2, section 2.1 Limited Resources.

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• ECO 203 Week 1 DQ 2 Role of Government (Ash
  Course)
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• Role of Government-Discussion 2
•  
• Economics is the study of how society chooses to
  allocate its scarce productive resources (labor,
  capital, land, entrepreneurial talent). 
• In a mixed economy, elements of both central
  planning and market allocation of resources are
  used in allocating productive resources.  The
  United States economy is a mixed economy, with a
  bias towards market allocation of resources. 
  This means most resources are allocated in the
  private sector by way of markets.
• Discuss whether you favor a larger or smaller
  role of government in the economy.  Refer to
  concepts found in the reading to support your
  opinion.
• Reference Chapter 2 Markets, Governments, and
  Nations  The Organization of Economic Activity ? 

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• ECO 203 Week 1 Quiz (4 Set)
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• This Tutorial contains 4 Set of Week 1 Quiz (All
  Questions Listed Below)
•  
• ECO 203 Week 1 Quiz 1
• 1.         Question         An economy that does
  NOT engage in international trade is
• 2.         Question         In what kind of
  economy is a central planning board or commission
  typically used to answer the basic economic
  questions?
• 3.         Question         All but which one of
  the following could shift the demand curve?
• 4.         Question         The basis for a
  market solution to the basic economic questions
  is
• 5.         Question         When economists say
  "consumers vote with their dollars," they mean
  that
• 6.         Question         In a market economy,
  what to produce is primarily decided by
• 7.         Question         Capital consists of
• 8.         Question         If an individual's
  income increases, then the demand for a normal
  good will
• 9.         Question         When the government
  allocates money to build highways, it is
  answering which basic economic question?

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• ECO 203 Week 2 DQ 1 The Current State of the
  Economy and Unemployment (Ash Course)
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• The Current State of the Economy and
  Unemployment 
• Imagine a scenario where there is a decline in
  aggregate demand.  Identify which part of the
  business cycle is part of a decline in aggregate
  demand.  Gross Domestic Product (GDP) measures
  the amount of new production. A change in the
  amount of new production affects employment. 
  Describe what would happen to GDP, the
  unemployment rate and the inflation rate if there
  is a decline in aggregate demand. 

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• ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
  from Inflation(Ash Course)
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• Who Benefits and Who Loses from Inflation?
• Inflation is an important policy issue because it
  causes a redistribution of income and wealth, and
  discourages saving and investment.  Discuss how
  inflation affects borrowers and lenders, asset
  prices, and households on fixed incomes.  
• Reference Chapter 4, section 4.3 Gainers and
  Losers from Inflation.

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• ECO 203 Week 2 Quiz (4 Set)
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• This Tutorial contains 4 Set of Week 1 Quiz (All
  Questions Listed Below)
• ECO 203 Week 2 Quiz 1
• 1.         Question         All but which one of
  the following are possible benefits of economic
  growth?
• 2.         Question         A country is in a
  recession if
• 3.         Question         All but one of the
  following will shift the aggregate supply curve
  to the right.
• 4.         Question         The labor force is
  composed of
• 5.         Question         When the jobs
  available in a market don't fit the skills of
  those looking for work, the economy is
  experiencing
• 6.         Question         If aggregate demand
  increases and the aggregate supply curve is
  upward sloping and unchanged,
• 7.         Question         Cyclical
  unemployment is a function of
• 8.         Question         During the
  expansionary phase of the business cycle, it is
  likely that real
• 9.         Question         The typical
  aggregate demand curve
• 10.       Question         The turning points of
  the business cycle are called
• ECO 203 Week 2 Quiz 2

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• ECO 203 Week 3 Assignment Efforts to Reduce the
  Budget Deficit (3 Papers)
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• This Tutorial contains 3 Papers of this
  Assignment
• Efforts to Reduce the Budget Deficit 

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• ECO 203 Week 3 Discussion Question 1 Government
  Fiscal Policy (Ash Course)
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• ECO 203 Week 3 Discussion Question 1
• Government Fiscal Policy
• Between 2007 and 2009 theU.S.economy experienced
  a severe recession.   In an effort to stimulate
  the economy, the federal government passed a
  stimulus package. Explain the federal
  governmentÂs use of fiscal policy (the stimulus)
  to promote growth and employment.  Support your
  ideas with concepts found in the assigned
  reading. Include the following in your response
• Discuss some actions taken by the federal
  government and whether the recession would have
  been longer and the unemployment rate higher if
  the government had not acted by passing the
  stimulus package? 

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• ECO 203 Week 3 Discussion Question 2 Budget
  Deficits and the National Debt (Ash Course)
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• ECO 203 Week 3 Discussion Question 2
• Budget Deficits and the National Debt
• Between 2007 and 2011 the federal budget deficit
  grew from 160.7 billion to 1,299.6 billion, and
  the national debt grew from 8.9 trillion to
  14.8 trillion. (Figure 10.1 The ratio of debt
  to GDP, 1977-2011.) 
• In your post, differentiate the budget deficit
  from the national debt.  How do you think the
  increases in the budget deficits and the national
  debt will affect the economy in the future?
• Reference Chapter 10, section 10.1 Debt and
  Deficits, and section 10.4 Do Deficits Matter?

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• ECO 203 Week 3 Quiz (4 Set)
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• This Tutorial contains 4 Set of Week 1 Quiz (All
  Questions Listed Below)
•  
• ECO 203 Week 3 Quiz 1
•  
•  
• 1.         Question         In a macroeconomic
  equilibrium,
• 2.         Question         A progressive tax
  taxes each individual
• 3.         Question         Supply-side tax cuts
  are aimed primarily at encouraging
• 4.         Question         Keynes believed that
  the correct role for government during a
  depression was to

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ECO 203 Inspiring Minds/newtonhelp.com

• ECO 203 Week 4 DQ 1 (Federal Reserve Bank Policy
  during the 2007 To 2008 Recession) (Ash Course)
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• Discussion 1
•  
• Federal Reserve Bank Policy during the 2007-2008
  Recession
• From 2007-2010, the Federal Reserve Bank (the
  Fed) used many practices that had never before
  been seen from the central bank of the United
  States.
• Discuss the some of the actions that the Fed took
  during this period.  Such as
• How the Federal Reserves lending practices
  changed during this period.

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• ECO 203 Week 4 DQ 2 (The Effect of Bank Lending
  on the Company) (Ash Course)
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• Discussion 2
• The Effect of Bank Lending on the Economy
• In conducting expansionary monetary policy, even
  if the Federal Reserve Bank is providing reserves
  to the banking system, during a recession or
  during periods of slow economic growth, banks may
  choose not to lend out their reserves when
  interest rates are low and potential borrowers
  look risky.  This is known as a credit crunch.
  Explain how a credit crunch affects economic
  growth. Specifically, answer these questions in
  your post
• How does a credit crunch affect consumer spending
  and business investment?
• How does a credit crunch affect aggregate demand,
  GDP, and unemployment?
• Reference  Chapter 14.1 Is Monetary Policy
  Effective? and section 14.3 Domestic Sectoral
  Effects.

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ECO 203 Inspiring Minds/newtonhelp.com

• ECO 203 Week 4 Quiz (4 Set)
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• This Tutorial contains 4 Set of Week 4 Quiz (All
  Questions Listed Below)
• ECO 203 Week 4 Quiz 1
• 1.         Question         The bulk of the M1
  money supply is made up of
• 2.         Question         Through open market
  operations, the Federal Reserve
• 3.         Question         All but which one of
  the following are tools of monetary policy?
• 4.         Question         Which of the
  following is a function performed by a modern
  society's money?
• 5.         Question         If the Federal
  Reserve creates excess bank reserves, banks are
  likely to
• 6.         Question         The central bank and
  monetary authority of the United States is
• 7.         Question         The M1 money supply
  includes

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ECO 203 Inspiring Minds/newtonhelp.com

• ECO 203 Week 5 DQ 1 Foreign Direct Investment
  (Ash Course)
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• Discussion 1
• Foreign Direct Investment
• Imagine you are in charge of development for a
  developing country and were approached by a
  multina-tional corporation interested in locating
  in your country.
• Identify some of the benefits and some of the
  costs to the host country from allowing a
  multinational corporation to locate in a country
  with a developing economy.  Discuss with your
  classmates if developmental assistance from world
  developmental agencies, such as the World Bank or
  the United Nations, would be preferable to
  private investment. 

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• ECO 203 Week 5 DQ 2 Economies In Transition (Ash
  Course)
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• Discussion 2
• Economies in Transition
• The movement in the direction of a market-based
  system with freely determined prices,
  competition, profits, private ownership, and
  other features of capitalism is not simple. 
  Discuss some of the challenges associated with an
  economy transitioning from socialism to
  capitalism.
• Reference Chapter 20, section 20.1 World
  Economic Systems, and section 20.2 Transition to
  a Market System.

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• ECO 203 Week 5 Final Expansionary Economic Policy
  (3 Papers)
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• This Tutorial contains 3 Final Papers
•  
• Expansionary Economic Policy
• Focus of the Final Paper
• Week 5 Final PaperIn an effort to move the
  economy out of a recession, the federal
  government would engage in expansionary economic
  policies.  Describe the actions the government
  would take in conducting expansionary fiscal
  policy and expansionary monetary policy.
• Expansionary Fiscal Policy Review Chapter
  7 Classical Macroeconomics and the Keynesian
  Challenge and Chapter 9 Taxes, Government
  Spending, and Fiscal Policy. 
• Explain the actions the federal government would
  take while engaging in expansionary fiscal policy
  in terms of the following
• The necessary change in taxes and government
  spending, The effect on aggregate demand, GDP,
  and employment.

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