ECO 561 Squared Instruction Uophelp

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ECO 561 Course Tutorial

• For more course tutorials visit
• www.uophelp.com

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ECO 561 Course Tutorial

• ECO 561 Entire Course

• ECO 561 Final Exam Guide

• ECO 561 Week 1 Individual Assignment Market
  Equilibrating Process Paper
•  
• ECO 561 Week 1 DQ 1
•  
• ECO 561 Week 1 DQ 2
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• ECO 561 Week 1 Knowledge Check (Quiz)
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• ECO 561 Week 2 Individual Assignment Market
  Equilibration Process Paper
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• ECO 561 Week 2 Learning Team Reflection

• ECO 561 Final Exam Guide

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ECO 561 Course Tutorial

• ECO 561 Week 1 DQ 1

• ECO 561 Week 1 DQ 2

• What kinds of changes in underlying conditions
  can cause the supply and demand curves to shift?
  Give examples and explain the direction in which
  the curves shift. 

• What is price elasticity? Give examples of five
  products whose demand is price elastic, and five
  products whose demand is price inelastic and
  elaborate on the choices you make.

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ECO 561 Course Tutorial

• ECO 561 Week 1 Individual Assignment Market
  Equilibrating Process Paper

• ECO 561 Week 1 Knowledge Check

• Market Equilibrating Process Paper
•    Write a 700- to 1,050-word paper in which you
  relate the concepts in this week's readings to a
  prior real world experience. The experience does
  not necessarily have to be work experience. One
  note these word count figures are meant to be a
  guideline, but feel free to exceed this if you
  find it is necessary to adequately provide
  relevant details and clarify important points.

• 1.      Revenue increases when
•  2.      An increase in the price of an inelastic
  good
•  3.      Price elasticity of demand increases
  when
•  4.      The purpose of a market in a market
  system is to

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ECO 561 Course Tutorial

• ECO 561 Week 2 DQ 1

• ECO 561 Week 2 DQ 2

• Cost is a big issue with every company, and
  changing the technology is the biggest cost for
  most companies, how your company was able to cope
  with this problem and maintain the level of
  profit in a very competitive market? 

• Among the types of costs faced by a firm
  (short-run costs, fixed and variable, as well as
  long-run costs), how can technology help firms to
  lower their costs? What are some specific
  examples of how firms have used technology to
  lower costs?

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ECO 561 Course Tutorial

• ECO 561 Week 2 Individual Assignment Market
  Equilibration Process Paper

• ECO 561 Week 2 Knowledge Check

• Equilibration is the process of moving between
  two equilibrium points as a result of some change
  in supply or demand.  Understanding how market
  equilibrium is sought following such a change is
  essential for business managers. It is important
  to understand how economic principles, and
  specifically supply, demand, and their determents
  are a part of your everyday business decisions.

• 1.      Purely competitve firms increase total
  revenue by
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• 2.      What are two ways for a competitve firm
  to determine the optimal level of production,
  that is, the level of production that will
  maximize profit or minimize losses?
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• 3.      Suppose that a firm determines that its
  marginal revenue is greater than its marginal
  cost, it would be better to

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ECO 561 Course Tutorial

• ECO 561 Week 2 Learning Team Reflection

• ECO 561 Week 2 Team Assignment Learning Team
  Project Product Pricing Component

• ECO 561 Week 2 Learning Team Deliverable
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• The learning objectives of week 2 were to
  identify production level to maximize profits,
  explain how to balance fixed and variable costs,
  and to apply economic cost concepts in making
  business decisions.  
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• Learning Team Assignment Learning Team Project
  Product Pricing Component
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• Select an organization with which you are
  familiar or in which you are interested that
  provides a private good or service. You will want
  to focus on the same firm or organization as you
  work on each Learning Team Project assignment in
  this class as you build the final paper due Week
  6.Examples of good firms to use as a subject
  include Southwest Airlines (a very successful
  airline), Ford (they have not declared
  bankruptcy), Pulte (a successful homebuilder with
  a historical track record), Whirlpool (their
  performance is very dependent on the economy),
  Caterpillar, Microsoft, Apple Computer, etc.

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ECO 561 Course Tutorial

• ECO 561 Week 3 DQ 1

• ECO 561 Week 3 DQ 2

• Do you think that competition can be counted on
  to discipline the industrial business firms of a
  modern economy? Explain. 

• In your industry, would you support regulation or
  deregulation and why or why not?

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ECO 561 Course Tutorial

• ECO 561 Week 3 Knowledge Check

• ECO 561 Week 3 Learning Team Reflection

• 1.      A purely- or perfectly-competitive firm
  would be characterized by which of the following?
•  2.      For a purely-competitive firm, price
  must be
•  3.      What will excessive or economic profits
  induce for a firm in any industry structure?
•  4.      A pure-monopoly firms demand curve is
  also the market demand curve. This kind of firm
  may successfully engage in price discrimination
  to increase its total profit if it

• The learning objectives of week 3 were to
  determine pricing strategy to meet organizational
  goals, determine ways to create non price
  barriers to entry based on market structure,
  determine ways to increase product
  differentiation based on market structure, and to
  determine ways to reduce costs for an
  organization.
•  

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ECO 561 Course Tutorial

• ECO 561 Week 3 Team Assignment Market Structures
  Simulation

• ECO 561 Week 4 DQ 1

• Write a 1,050- to 1,400- word paper where you
  explain the following in the context of the
  simulation. One note these word count figures
  are meant to be a guideline, but feel free to
  exceed this if you find it is necessary to
  adequately provide relevant details and clarify
  important points.

• How does the Federal Reserve's monetary policy
  affect your industry's, or company's growth? 

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ECO 561 Course Tutorial

• ECO 561 Week 4 DQ 2

• ECO 561 Week 4 Knowledge Check

• How would you evaluate monetary policy today?  Is
  monetary policy contradictory with fiscal policy?
  Why or Why not?  Support your analysis with
  examples.

• 1.      Business cycles occur when output
•  
• 2.      Which of these statements best describes
  a complete individual buisness cycle?
•  
• 3.      During the buisness cycle, the period
  between the point at which output reaches a high
  and the point at which it reaches a low is called

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ECO 561 Course Tutorial

• ECO 561 Week 4 Learning Team Project
  Macroeconomic Forecast Outline

• ECO 561 Week 5 DQ 1

• 1. Learning Team Assignment Learning Team
  Project Macroeconomic Forecast Outline Prepare a
  brief outline of the Week 5 Learning Team Project
  Macroeconomic Forecast Component in which you
  answer the following questions
• 1. What are the economic indicators for which you
  will be providing forecasts?
• 2. It is important to evaluate the historical
  relationship between variables in order to
  explain how one indicator or variable may impact
  another. With this in mind, what sources will you
  use to obtain historical data for the economic
  indicators that you have selected?

• How does the Federal Reserve's monetary policy
  affect your industry's, or company's growth

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ECO 561 Course Tutorial

• ECO 561 Week 5 DQ 2

• ECO 561 Week 5 Knowledge Check

• How would you evaluate monetary policy today?  Is
  monetary policy contradictory with fiscal policy?
  Why or Why not?  Support your analysis with
  examples.

• 1.      The Classical Theory of Asset Prices
  assumes which of the following ideas?
•  
• 2.      Economists use two principle interest
  rates normal and real. The purpose of this
  distinction is to
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• 3.      During periods of incresing inflationary
  pressure, the Federal Reserve should
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• 4.      What is the increased morak hazard
  associated wuth the too big to fall (TBTF)
  ballouts of the largest of financial institutions?

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ECO 561 Course Tutorial

• ECO 561 Week 5 Learning Team Project
  Macroeconomic Forecast Component

• ECO 561 Week 6 DQ 1

• Learning Team Assignment Learning Team Project
  Macroeconomic Forecast Component
•  Include the following in this paper
•  Identify a list of five economic indicators
  which will be the subject of this paper. In
  addition to real GDP, the unemployment rate, and
  the inflation rate, focus on at least two of the
  following
•  A key interest rate (I suggest the 10-year
  Treasury rate)

• How much has the growth in international trade
  impacted your company, or industry? Has the
  devaluation of the U.S. dollar impacted your
  company, or industry? Explain

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ECO 561 Course Tutorial

• ECO 561 Week 6 Knowledge Check

• ECO 561 Week 6 Team Assignment

• 1.      If the demand is QD 100 10P and there
  is a 1 price increase, then the elasticity of
  demand at p 2 is
•  2.      If the absolute value of a demand
  elasticity is less than 1, then
•  3.      If the cross-price elasticity is
  negative, then the two goods are
•  

• Learning Team Assignment
•  Complete the Learning Team Project that contains
  the following elements
•  Present the viability of the selected good or
  service, considering the demand cost, market
  conditions, and economic conditions.
•  Product Pricing Component (Completed in Week Two)

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ECO 561 Course Tutorial
For more course tutorials visit www.uophelp.com