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ECO 561 Course Tutorial

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ECO 561 Entire Course

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

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ECO 561 Final Exam Guide(NEW)

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• 1) Suppose that in the clothing market,
  production costs have fallen, but the equilibrium
  price and quantity purchased have both increased.
  Based on this information you can conclude that
• A. the supply of clothing has grown faster than
  the demand for clothing
• B. demand for clothing has grown faster than the
  supply of clothing

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ECO 561 Week 1 DQ 1

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• 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. 

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ECO 561 Week 1 Individual Assignment Market
Equilibrating Process Paper

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• 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.

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ECO 561 Week 1 Knowledge Check (Quiz)

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• 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 Week 2 DQ 1

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• 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? 

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ECO 561 Week 2 Individual Assignment Market
Equilibration Process Paper

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• 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.

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ECO 561 Week 2 Knowledge Check (Quiz)

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• 1.      Purely competitve firms increase total
  revenue by
• 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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ECO 561 Week 2 Team Assignment Learning Team
Project Product Pricing Component (Apple)

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• Learning Team Assignment Learning Team Project
  Product Pricing Component
• 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

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ECO 561 Week 3 DQ 1

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

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ECO 561 Week 3 DQ 2

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

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ECO 561 Week 3 Knowledge Check (Quiz)

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• .      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?

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ECO 561 Week 3 Learning Team Reflection

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• ECO 561 Week 3 Learning Team Reflection/Deliverabl
  e
• 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 Week 3 Team Assignment Market Structures
Simulation (Apple)

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• Learning Team Assignment Market Structures
  Simulation
• 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.

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ECO 561 Week 4 DQ 1

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

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ECO 561 Week 4 Knowledge Check (Quiz)

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• 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
• 4.      Which of the following equals the market
  value of all final goods and services produced in
  an economy, stated in the prices of a specific
  base year?

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ECO 561 Week 4 Learning Team Project
Macroeconomic Forecast Outline (Apple)

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• 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?

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ECO 561 Week 5 DQ 1

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

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ECO 561 Week 5 DQ 2

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

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ECO 561 Week 5 Knowledge Check (quiz)

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• .      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
• 3.      During periods of incresing inflationary
  pressure, the Federal Reserve should
• 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 Week 5 Learning Team Project
Macroeconomic Forecast Component (Apple)

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• 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)
• Housing starts

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ECO 561 Week 6 DQ 1

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• 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 Week 6 Team Assignment (Final), (Apple)

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• .  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.

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ECO 561 Course Tutorial

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