Title: ECO 100 GUIDES GREAT WISDOM \ eco100guides.com
1ECO 100 GUIDES GREAT WISDOM \ eco100guides.com
2ECO 100 GUIDES GREAT WISDOM
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
3ECO 100 GUIDES GREAT WISDOM
ECO 100 Week 1 DQ 1 Marginal Cost and Marginal
Benefit FOR MORE CLASSES VISIT www.eco100guides.co
m 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.
4ECO 100 GUIDES GREAT WISDOM
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
5ECO 100 GUIDES GREAT WISDOM
ECO 100 Week 1 Essay Answer question 4 from
chapter 1, page 24 of the text FOR MORE CLASSES
VISIT www.eco100guides.com Answer 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.
6ECO 100 GUIDES GREAT WISDOM
ECO 100 Week 2 DQ 1 Supply, Demand and
Equilibrium FOR MORE CLASSES VISIT www.eco100guide
s.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.
7ECO 100 GUIDES GREAT WISDOM
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.
8ECO 100 GUIDES GREAT WISDOM
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?".
9ECO 100 GUIDES GREAT WISDOM
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.
10ECO 100 GUIDES GREAT WISDOM
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.
11ECO 100 GUIDES GREAT WISDOM
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.
12ECO 100 GUIDES GREAT WISDOM
ECO 100 Week 4 DQ 1 Unemployment Rates and Human
Capital FOR MORE CLASSES VISIT www.eco100guides.co
m 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 least 200 words. Respond to at
least three of your classmates postings.
13ECO 100 GUIDES GREAT WISDOM
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
14ECO 100 GUIDES GREAT WISDOM
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
15ECO 100 GUIDES GREAT WISDOM
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.
16ECO 100 GUIDES GREAT WISDOM
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.
17ECO 100 GUIDES GREAT WISDOM