Title: ECO 100 GUIDES Learn by Doing / eco100guides.com
1 ECO 100 GUIDES Learn by Doing / eco100guides.com
2 ECO 100 GUIDES Learn by Doing
ECO 100 Entire Course FOR MORE CLASSES
VISIT www.eco100guides.com ECO 100 Week 1 DQ 1
Marginal Cost Marginal Benefit ECO 100 Week 1
DQ 2 Self Interest ECO 100 Week 2 DQ 1 Supply,
Demand Equilibrium ECO 100 Week 2 DQ 2 Private
Property ECO 100 Week 3 DQ 1 Coprporations ECO
100 Week 3 DQ 2 Oligopolies ECO 100 Week 4 DQ 1
Unemployment Rates and Human Capital
3 ECO 100 GUIDES Learn by Doing
ECO 100 Week 1 DQ 1 Marginal Cost and Marginal
Benefit FOR MORE CLASSES VISIT www.eco100guides
.com Cite three examples of recent decisions that
you made in which you weighed marginal cost and
marginal benefit. (Make sure these are socially
acceptable and appropriate for sharing in a
public forum.) Explain in 200 words. Respond to
at least three of your classmates postings.
4 ECO 100 GUIDES Learn by Doing
ECO 100 Week 1 DQ 2 Self Interest FOR MORE
CLASSES VISIT www.eco100guides.com How does
self-interest help achieve society's economic
goals? Why is there such a wide variety of
desired goods and services in a market? In what
ways are entrepreneurs and businesses at the helm
of the economy but commanded by consumers?
Explain in 200 words. Respond to at least three
of your classmates' postings
5 ECO 100 GUIDES Learn by Doing
ECO 100 Week 1 Essay Answer question 4 from
chapter 1, page 24 of the text FOR MORE
CLASSES VISIT www.eco100guides.com nswer question
4 from chapter 1, page 24 of the text "What is
meant by the term 'utility,' and how does it
relate to purposeful behavior?". In one to three
pages, fully explain your answer in a way that
shows your understanding of utility and human
behavior.
6 ECO 100 GUIDES Learn by Doing
ECO 100 Week 2 DQ 1 Supply, Demand and
Equilibrium FOR MORE CLASSES
VISIT www.eco100guides.com Professional Sport
players generally are paid much more than
farmers, factory workers, engineers, and
teachers. The markets for the professional sports
players, farmers, factory workers, engineers and
teachers are generally competitive markets. Even
among professional sport players, the salaries
for players in some sports are generally
significantly higher than the salary in some
other sports. How does this make sense using
supply and demand in a market in equilibrium?
7 ECO 100 GUIDES Learn by Doing
ECO 100 Week 2 DQ 2 Private Property FOR MORE
CLASSES VISIT www.eco100guides.com Why is private
property, and the protection of property rights,
so crucial to the success of the market system?
Fully explain your reasoning in at least 200
words. Respond to at least two of your fellow
students' postings.
8 ECO 100 GUIDES Learn by Doing
ECO 100 Week 2 Essay Answer question 4 on Chapter
4, page 100 of the text FOR MORE CLASSES
VISIT www.eco100guides.com Answer question 4 on
Chapter 4, page 100 of the text "You are
chairperson of a state tax commission responsible
for establishing a program to raise new revenue
through excise taxes. Why would elasticity of
demand be important to you in determining the
products on which the taxes should be levied?".
In one to three pages, fully explain your answer
in a way that shows your understanding of
elasticity of demand.
9 ECO 100 GUIDES Learn by Doing
ECO 100 Week 3 DQ 1 Coprporations FOR MORE
CLASSES VISIT www.eco100guides.com What major
advantages of corporations have given rise to
their dominance as form of business organization?
Fully support your position in at least 200
words. Respond to at least three of your
classmates postings.
10 ECO 100 GUIDES Learn by Doing
ECO 100 Week 3 DQ 2 Oligopolies FOR MORE
CLASSES VISIT www.eco100guides.com What is an
oligopoly and why do they exist? List 3 or 4
oligopolies whose products you own or regularly
purchase. What distinguishes oligopoly from
monopolistic competition? Fully support your
position in at least 200 words. Respond to at
least three of your classmates postings.
11 ECO 100 GUIDES Learn by Doing
ECO 100 Week 3 Essay Answer question 1 on chapter
8, page 201 of the text FOR MORE CLASSES
VISIT www.eco100guides.com Answer question 1 on
chapter 8, page 201 of the text "'No firm is
completely sheltered from rivals all firms
compete for consumer dollars. If that is so, then
pure monopoly does not exist.' Do you agree?
Explain." In one to three pages, fully explain
your answer in a way that shows your
understanding of monopolies.
12 ECO 100 GUIDES Learn by Doing
ECO 100 Week 4 DQ 1 Unemployment Rates and Human
Capital FOR MORE CLASSES VISIT www.eco100guides
.com least 200 words. Respond to at least three
of your classmates postings. Why might an
increase of the minimum wage in the United States
impact unemployment rates? How might earning a
college degree increase lifetime earnings and
employability? Relate your answer to elasticity
of labor demand. Fully support your position in
at
13 ECO 100 GUIDES Learn by Doing
ECO 100 Week 4 DQ 2 GDP and Recession FOR MORE
CLASSES VISIT www.eco100guides.com What is Gross
Domestic Product (GDP), and how is it determined
each month? What does the term Recession mean
and how do we know when one occurs? How does
government intervene to move the economy out of a
recession? Fully support your position in at
least 200 words. Respond to at least three of
your classmates postings
14 ECO 100 GUIDES Learn by Doing
ECO 100 Week 4 Essay Answer question 5 on chapter
11, page 278 of the text FOR MORE CLASSES
VISIT www.eco100guides.com Answer question 5 on
chapter 11, page 278 of the text "Briefly
discuss the major causes of income inequality.
What factors have contributed to greater income
inequality since 1970?". In one to three pages,
fully explain your answer in a way that shows
your understanding of income inequality and
poverty
15 ECO 100 GUIDES Learn by Doing
ECO 100 Week 5 DQ 1 Basic Functions of Money
FOR MORE CLASSES VISIT www.eco100guides.com What
are the three basic functions of money? Describe
how rapid inflation can undermine moneys ability
to perform each of the three functions. Fully
support your position in at least 200 words.
Respond to at least three of your classmates
postings.
16 ECO 100 GUIDES Learn by Doing
ECO 100 Week 5 DQ 2 Central Bank System FOR
MORE CLASSES VISIT www.eco100guides.com Explain
the role of the Federal Reserve System and the 12
Federal Reserve Banks. Discuss the Federal Open
Market Committee (FOMC) and the Federal Funds
Rate. What do they do to manage the economy and
the money supply? How do they control inflation
and deflation? Fully support your position in at
least 200 words. Respond to at least three of
your classmates postings.
17 ECO 100 GUIDES Learn by Doing