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Title: ECON 545 TUTOR Excellence In Study \ econ545tutor.com


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ECON 545 TUTOR Excellence In Study \
econ545tutor.com
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ECON 545 TUTOR Excellence In Study
ECON 545 Entire Course Final Exam (New) FOR
MORE CLASSES VISIT www.econ545tutor.com   ECON
545 Week 1 DQ 1 Supply and Demand ECON 545 Week 1
DQ 2 Elasticity and the Minimum Wage ECON 545
Week 2 DQ 1 Marginal Analysis ECON 545 Week 2 DQ
2 Controlling Costs
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ECON 545 TUTOR Excellence In Study
ECON 545 All Weeks Discussion (Devry) FOR MORE
CLASSES VISIT www.econ545tutor.com   DEVRY ECON
545 Week 1 DQ 1 Supply and Demand DEVRY ECON 545
Week 1 DQ 2 Elasticity and the Minimum Wage DEVRY
ECON 545 Week 2 DQ 1 Marginal Analysis DEVRY ECON
545 Week 2 DQ 2 Controlling Costs DEVRY ECON 545
Week 3 DQ 1 Mergers Acquisitions
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ECON 545 TUTOR Excellence In Study
ECON 545 Final Exam Set 2 FOR MORE CLASSES
VISIT www.econ545tutor.com   (TCO A) Suppose you
are hired to manage a small manufacturing
facility that produces Widgets. (a.) (15 points)
You know from data collected on the Widget Market
that market demand has recently decreased and
market supply has recently increased. As manager
of the facility, what decisions should you make
regarding production levels and pricing for your
Widget facility?
5
ECON 545 TUTOR Excellence In Study
ECON 545 Week 1 DQ 1 Supply and Demand FOR MORE
CLASSES VISIT www.econ545tutor.com   What is the
difference between a change in demand versus a
change in quantity demanded? A change in supply
versus a change in quantity supplied? Why is it
so important to differentiate between these
similar-sounding terms?
6
ECON 545 TUTOR Excellence In Study
ECON 545 Week 1 DQ 2 Elasticity and the Minimum
Wage FOR MORE CLASSES VISIT www.econ545tutor.com  
What are your thoughts about minimum wage
legislation? What kind of a price-control policy
is this? Who gains? Who loses? Are there
alternatives to this legislation for achieving
the same policy objectives? What role do demand
and supply elasticities play in determining
outcomes?
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ECON 545 TUTOR Excellence In Study
ECON 545 Week 2 DQ 1 Marginal Analysis FOR MORE
CLASSES VISIT www.econ545tutor.com   Why is
marginal analysis important in economics? How do
the tutorials Basics of Marginal Analysis and
Understanding and Applying Marginal Analysis at
the end of this week's lecturereinforce the
concepts of marginal analysis? How can any firm
find the right production level which guarantees
maximum profit (or minimum loss)?
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ECON 545 TUTOR Excellence In Study
ECON 545 Week 2 DQ 2 Controlling Costs FOR MORE
CLASSES VISIT www.econ545tutor.com   Name some of
the ways firms attempt to control their costs.
How does your firm control costs? The key here in
keeping this question interesting is that
reducing the workforce or having one person do
the work of three people are not the only ways to
control costs. I'm looking for more creative
ways. Maybe you can think of some that your firm
is not currently using. Be creative here.
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ECON 545 TUTOR Excellence In Study
ECON 545 Week 2 Quiz FOR MORE CLASSES
VISIT www.econ545tutor.com   Consider the market
for ping golf clubs. Suppose the price of
memberships at local golf courses increases. Use
the line drawing tool to show how this affects
the demand for ping golf clubs by drawing a new
demand curve. Assume memberships at local golf
courses and ping golf clubs are complements.
Properly label this line. Instead, suppose the
price of tennins rackets decreases.
10
ECON 545 TUTOR Excellence In Study
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation A) FOR MORE CLASSES
VISIT www.econ545tutor.com   ECON545 Project
1Microeconomic Analysis The Microeconomic Paper
tests your ability to apply economic principles
to a business decision. Select one situation from
the items outlined below A to D. Complete the
paper on the selected situation as specified
below. The completed paper is a professional
report and is due in Week 3
11
ECON 545 TUTOR Excellence In Study
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation B) FOR MORE CLASSES
VISIT www.econ545tutor.com   ECON545 Project
1Microeconomic Analysis The Microeconomic Paper
tests your ability to apply economic principles
to a business decision. Select one situation from
the items outlined below A to D. Complete the
paper on the selected situation as specified
below. The completed paper is a professional
report and is due in Week 3 (230 points).
12
ECON 545 TUTOR Excellence In Study
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation C) FOR MORE CLASSES
VISIT www.econ545tutor.com   The Microeconomic
Paper tests your ability to apply economic
principles to a business decision. Select one
situation from the items outlined below A to D.
Complete the paper on the selected situation as
specified below. The completed paper is a
professional report and is due in Week 3 (230
points). See the grading rubric at the end of
this document. Be sure to use the DeVry library
for finding data avoid questionable sources,
such as Wikipedia.
13
ECON 545 TUTOR Excellence In Study
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation D Rajeev PFChang chain of
restaurants ) FOR MORE CLASSES VISIT www.econ545tu
tor.com   ECON545 Project 1Microeconomic
Analysis The Microeconomic Paper tests your
ability to apply economic principles to a
business decision. Select one situation from the
items outlined below A to D. Complete the paper
on the selected situation as specified below. The
completed paper is a professional report and is
due in Week 3
14
ECON 545 TUTOR Excellence In Study
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation D Uncle Dan) FOR MORE CLASSES
VISIT www.econ545tutor.com   ECON545 Project
1Microeconomic Analysis The Microeconomic Paper
tests your ability to apply economic principles
to a business decision. Select one situation from
the items outlined below A to D. Complete the
paper on the selected situation as specified
below. The completed paper is a professional
report and is due in Week 3
15
ECON 545 TUTOR Excellence In Study
ECON 545 Week 3 DQ 1 Mergers Acquisitions FOR
MORE CLASSES VISIT www.econ545tutor.com   Have
you ever been involved in a merger or
acquisition? If so, tell us about your
experiences. If not, comment on this week's
tutorial, "The Private Sector."
16
ECON 545 TUTOR Excellence In Study
ECON 545 Week 3 DQ 2 Antitrust Policy FOR MORE
CLASSES VISIT www.econ545tutor.com   Review and
chose a firm of your choice provided by your
instructor. Is this firm a monopoly? In what ways
could it be considered a monopoly? What markets
are involved? What anti-trust legislation would
apply? Is anti-trust legislation "fair" to your
chosen firm? Why or why not?
17
ECON 545 TUTOR Excellence In Study
ECON 545 Week 4 DQ 1 Current Topic in
Macroeconomics FOR MORE CLASSES
VISIT www.econ545tutor.com   Scour the national
media for a credible macroeconomic current issue
(many good sources are available online) in which
Chapters 19-21 is at the heart of the matter.
Summarize your article for your colleagues and
attach a link to your article. Make sure you
appropriately refer to the textbook sections that
apply to your chosen article.
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ECON 545 TUTOR Excellence In Study
ECON 545 Week 4 DQ 2 Healthcare FOR MORE CLASSES
VISIT www.econ545tutor.com   The healthcare
sector is often cited as being fraught with just
about every economic imperfection that is known
to humankind. Can you identify and briefly
describe ONE of these imperfections? Do you know
of any examples?
19
ECON 545 TUTOR Excellence In Study
ECON 545 Week 5 DQ 1 Trade Deficits FOR MORE
CLASSES VISIT www.econ545tutor.com   What have
been some major causes of the large U.S. trade
deficits since 1992? What is a major benefit (you
could address that issue) or a major cost (or you
could address that issue) associated with trade
deficits?
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ECON 545 TUTOR Excellence In Study
ECON 545 Week 5 DQ 2 Exchange Rates FOR MORE
CLASSES VISIT www.econ545tutor.com   Do a little
research about foreign exchange traders. It's a
big business how do they make money? What is the
relationship between FX rates and interest rates?
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ECON 545 TUTOR Excellence In Study
ECON 545 Week 5 Quiz FOR MORE CLASSES
VISIT www.econ545tutor.com   Suppose that the
reserve requirement is 5. What is the effect on
the total checkable deposits in the economy if
banks reserves increased by 60 billion? The
formula for the simple deposit multiplier is?
(Related to Solved Problem 1) Suppose that
simple economy produces only the following goods
and services shoes, hamburgers, shirts and
cotton.
22
ECON 545 TUTOR Excellence In Study
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation A) FOR MORE CLASSES
VISIT www.econ545tutor.com   ECON545 Project
2Macroeconomic Analysis The Macroeconomic Paper
tests your ability to apply economic principles
to a business decision considering the impact of
macroeconomic variables. Select one situation
from the items outlined below A to D. Complete
the paper on the selected situation as specified
below. The completed paper is a professional
report and is due in
23
ECON 545 TUTOR Excellence In Study
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation B) FOR MORE CLASSES
VISIT www.econ545tutor.com   ECON545 Project
2Macroeconomic Analysis The Macroeconomic Paper
tests your ability to apply economic principles
to a business decision considering the impact of
macroeconomic variables. Select one situation
from the items outlined below A to D. Complete
the paper on the selected situation as specified
below. The completed paper is a professional
report and is due
24
ECON 545 TUTOR Excellence In Study
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation C) FOR MORE CLASSES
VISIT www.econ545tutor.com   ECON545 Project
2Macroeconomic Analysis The Macroeconomic
Paper tests your ability to apply economic
principles to a business decision considering the
impact of macroeconomic variables. Select one
situation from the items outlined below A to D.
Complete the paper on the selected situation as
specified below.
25
ECON 545 TUTOR Excellence In Study
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation D Uncle Dan) FOR MORE CLASSES
VISIT www.econ545tutor.com   ECON545 Project
2Macroeconomic Analysis The Macroeconomic Paper
tests your ability to apply economic principles
to a business decision considering the impact of
macroeconomic variables. Select one situation
from the items outlined below A to D. Complete
the paper on the selected situation as specified
below. The completed paper is a professional
report and is due in Week
26
ECON 545 TUTOR Excellence In Study
ECON 545 Week 6 DQ 1 Fiscal Policy FOR MORE
CLASSES VISIT www.econ545tutor.com   What fiscal
policies are required to fight unemployment?
Which ones are required to fight inflation? What
are some of the downside risks and potential
problems involved when using fiscal policy?
27
ECON 545 TUTOR Excellence In Study
ECON 545 Week 6 DQ 2 Monetary Policy FOR MORE
CLASSES VISIT www.econ545tutor.com What are the
monetary policies required to fight unemployment?
What about those required to fight inflation?
What are some of the downside risks and potential
problems involved when using monetary policy?
28
ECON 545 TUTOR Excellence In Study
ECON 545 Week 7 DQ 1 The Public Sector FOR MORE
CLASSES VISIT www.econ545tutor.com   What is the
appropriate balance between private and public
(i.e., government) activity? Think of a case
where the government has intervened (or it was
suggested that government intervene) in a
previously private market (e.g. Chrysler, tariffs
on Japanese luxury cars, the airline industry,
etc).
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ECON 545 TUTOR Excellence In Study
ECON 545 Week 7 DQ 2 Forecasting FOR MORE CLASSES
VISIT www.econ545tutor.com   Let's discuss one of
the most important areas of economics, namely the
use of leading economic indicators to forecast
the future direction of the macroeconomy. What
websites are helping you gain a better
understanding of where the economy is heading in
the next 12 months?
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ECON 545 TUTOR Excellence In Study
ECON 545 Week 8 Final Exam (Devry) FOR MORE
CLASSES VISIT www.econ545tutor.com   1. Question
(TCO A) Suppose you are hired to manage a small
manufacturing facility that produces
Widgets.   (a.) (15 points) You know from data
collected on the Widget Market that market demand
and market supply have both increased recently.
31
ECON 545 TUTOR Excellence In Study
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