Title: ECO 203 TUTORIALS Learn by Doing / eco203tutorials.com
1 ECO 203 TUTORIALS Learn by Doing /
eco203tutorials.com
2 ECO 203 TUTORIALS Learn by Doing
ECO 203 Entire Course (Ash Course) FOR MORE
CLASSES VISIT www.eco203tutorials.com ECO 203
Week 1 DQ 1 Economics Systems ECO 203 Week 1 DQ 2
Role of Government ECO 203 Week 1 Quiz ECO 203
Week 2 DQ 1 The Current State of the Economy and
Unemployment ECO 203 Week 2 DQ 2 Who Benefits and
Who Loses from Inflation ? ECO 203 Week 2 Quiz
3 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 1 DQ 1 Economics Systems (Ash
Course) FOR MORE CLASSES VISIT www.eco203tutoria
ls.com Week 1 Economics Systems. 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. Guided Response
Review and respond to at least two of your
classmates posts by replying to their posts on
how a college
4 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 1 DQ 2 Role of Government (Ash
Course) FOR MORE CLASSES VISIT www.eco203tutoria
ls.com Role of Government. 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.
5 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 1 Quiz (Ash Course) FOR MORE
CLASSES VISIT www.eco203tutorials.com 1. Question
If an individual's income increases, then the
demand for a normal good will 2. Question An
example of investment, as defined in economics,
is 3. Question All but which one of the
following could shift the demand curve? 4.
Question When a firm decides to replace some
workers with robots in its production process, it
is making a decision about one of the basic
economic questions. Which one?
6 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 2 DQ 1 The Current State of the
Economy and Unemployment (Ash Course) FOR MORE
CLASSES VISIT www.eco203tutorials.com 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.
7 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
from Inflation (Ash Course) FOR MORE CLASSES
VISIT www.eco203tutorials.com 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.
8 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 2 Quiz (Ash Course) FOR MORE
CLASSES VISIT www.eco203tutorials.com 1. Question
The term recession refers to a 2. Question
Who is NOT a loser in inflation? 3. Question
The transfer of funds from savers to business
investors takes place in the 4. Question If
taxes increase and the AS curve is upward
sloping, then 5. Question The turning points
of the business cycle are called
9 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 3 Assignment Efforts to Reduce the
Budget Deficit (Ash Course) FOR MORE CLASSES
VISIT www.eco203tutorials.com Efforts to Reduce
the Budget Deficit. The rapid growth of the
national debt alarmed some politicians and
created pressure for restricting Congress's
unlimited ability to spend. After reviewing
Chapter 10, Section 10.2 Efforts to Reduce the
Deficit, write a 2-3 page paper, formatted
according to APA style as outlined in your
approved style guide, discussing
10 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 3 DQ 1 Government Fiscal Policy (Ash
Course) FOR MORE CLASSES VISIT www.eco203tutoria
ls.com Government Fiscal Policy. Between 2007 and
2009 the U.S. economy experienced a severe
recession. In an effort to stimulate the
economy, the federal government passed a
stimulus package. Explain the federal
governments use of fiscal policy (the stimulus)
to promote growth and employment. Support your
ideas with concepts found in the assigned
reading.
11 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 3 DQ 2 Budget Deficits and the
National Debt (Ash Course) FOR MORE CLASSES
VISIT www.eco203tutorials.com 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
12 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 3 Quiz (Ash Course) FOR MORE
CLASSES VISIT www.eco203tutorials.com 1. Question
The time between the legislation of fiscal
policy and its effect on output and employment is
called 2. Question The federal income tax is
3. Question The largest single item in the
federal budget is 4. Question The Investment
Tax Credit
13 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 4 DQ 1 Federal Reserve Bank Policy
during the 2007-2008 Recession (Ash Course) FOR
MORE CLASSES VISIT www.eco203tutorials.com Fed
Policy during the 2007-2008 Recession. Insert
prompt.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.
14 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 4 DQ 2 The Effect of Bank Lending on
the Economy (Ash Course) FOR MORE CLASSES
VISIT www.eco203tutorials.com 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
15 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 4 Quiz (Ash Course) FOR MORE
CLASSES VISIT www.eco203tutorials.com 1. Question
M1 includes all but which one of the
following? 2. Question The transactions demand
for money depends on 3. Question Individuals
accept dollars because 4. Question The fact
that money is legal tender increases its 5.
Question According to the M1 definition, the
money supply consists of currency held by the
public plus
16 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 5 DQ 1 Foreign Direct Investment
(Ash Course) FOR MORE CLASSES
VISIT www.eco203tutorials.com Foreign Direct
Investment. Imagine you are in charge of
development for a developing country and were
approached by a multinational 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.
17 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 5 DQ 2 Economies in Transition (Ash
Course) FOR MORE CLASSES VISIT www.eco203tutoria
ls.com 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
18 ECO 203 TUTORIALS Learn by Doing
ECO 203 Week 5 Final Paper Expansionary Economic
Policy (Ash Course) FOR MORE CLASSES
VISIT www.eco203tutorials.com Week 5 Final
Paper In 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
19 ECO 203 TUTORIALS Learn by Doing