Title: XECO 212 Begins Education / snaptutorial.com
1XECO 212 Course Begins Education /
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2XECO 212 Course Begins Education /
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- XECO 212 Week 1 CheckPoint A New House Readiness
- XECO 212 Week 1 CheckPoint A New House Readiness
- XECO 212 Week 1 Discussion Question 1 2
- XECO 212 Week 2 Assignment Supply and Demand
Paper - XECO 212 Week 2 CheckPoint Price Elasticity and
Supply and Demand Short Answer Quiz
- Deciding to buy a house is a lifelong goal for
many people. Imagine that you are renting a
studio apartment and have just discovered you are
having a baby. Your present apartment is small
and far from schools and local services. You have
decided to move. There are many factors that come
into play when making such a large and weighty
purchase.
3XECO 212 Course Begins Education /
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- XECO 212 Week 1 Discussion Question 1 and 2
- XECO 212 Week 2 Assignment Supply and Demand Paper
- Select a good that you are familiar with. What
are the factors that shift the demand curve for
this good? What are the factors that shift the
supply curve for this good? How do you expect the
supply and demand of your selected good to change
in the next year? Relate your expectation to
price and quantity.
- New home
- New car
- Vacation to a theme park
- Washing machine
- Computer
- College
4XECO 212 Course Begins Education /
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- XECO 212 Week 2 CheckPoint Price Elasticity and
Supply and Demand Short Answer Quiz
- XECO 212 Week 3 CheckPoint Historical Example of
Labor Supply and Demand
- Complete the Price Elasticity and Supply and
Demand Short Answer Quiz in Appendix B. - Post your completed chart as an attachment.
- What was the impact on the supply and demand of
labor on one sector of the labor market? - Explain the factors that affected labor demand
and labor supply in the chosen historical
example.
5XECO 212 Course Begins Education /
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- XECO 212 Week 3 Discussion Question 1 and 2
- XECO 212 Week 4 Assignment Maximizing Profits in
Market Structures Paper
- Imagine that you are a business owner. Choose
whether to hire a new person in the marketing
department or upgrade your computer system. What
factors do you use to determine whether to invest
in the additional capital and labor?
- What are the characteristics of each market
structure? - How is price determined in each market structure
in terms of maximizing profits? - How is output determined in each market structure
in terms of maximizing profits? - What are the barriers to entry, if any?
6XECO 212 Course Begins Education /
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- XECO 212 Week 4 CheckPoint Market Structures
Table and Questions
- XECO 212 Week 5 CheckPoint A New House Risks and
Benefits
- Complete the Market Structures Table and
Questions in Appendix C. - Post your completed table and questions as an
attachment.
- The government and the fiscal policy it
implements play a large role in the housing
market. In this CheckPoint, you examine how
government policy has consequences for you and
the decision to buy a house. This helps you
consider situations and alternative decisions in
your final project.
7XECO 212 Course Begins Education /
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- XECO 212 Week 5 Discussion Question 1 and 2
- XECO 212 Week 6 Assignment Money Train Multimedia
Activity
- What is the relationship between GDP and the
business cycle? How can you use information about
the business cycle when making a decision about a
large purchase
- Compete the Money Train Multimedia Activity.
- Post your three responses as an attachment.
8XECO 212 Course Begins Education /
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- XECO 212 Week 6 CheckPoint Money
- XECO 212 Week 7 CheckPoint A New House Economy
- Money acts as a unit of account, medium of
exchange, or a store of value. Describe each of
these different functions. - Provide an example of your use of money in each
of these different functions.
- The difficulties of the economy affect many of
the decisions you make as a consumer. No more so
than when you are buying a house. The health of
the economy is a factor you must consider when
buying a house. Sometimes the economy favors
sellers and at other times it favors buyers.
9XECO 212 Course Begins Education /
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- XECO 212 Week 7 Discussion Question 1 and 2
- XECO 212 Week 8 Assignment International Trade
Simulation
- How does the federal government implement its
fiscal policies? Given economic conditions today,
do you suggest expansionary fiscal policy or
contractionary fiscal policy? How would your
suggestions affect production and employment?
Why?
- Define absolute and comparative advantage in your
own words. - Explain how absolute and comparative advantages
were used in your simulation. - Describe the influences affecting foreign
exchange rates.
10XECO 212 Course Begins Education /
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- XECO 212 Week 8 CheckPoint International Trade
Debate
- XECO 212 Week 9 Capstone DQ
- The strength of the dollar on domestic and global
economies - Benefits from tariffs or quotas
- Losses from tariffs or quotas
- In your own words, using the 10 Principles of
Economics outlined in Ch. 1 of Mankiws
Principles of Economics, prepare a 200- to
300-word response to the following questions How
can each of the 10 principles be applied in an
example or experience with which you are
familiar?
11XECO 212 Course Begins Education /
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- XECO 212 Week 9 Final Project A New House Decision
- Explain how the strength of the economy as a
whole affected the marginal benefits and the
marginal costs associated with that decision. - Consider the roles of the domestic economy and
international trade in your assessment of the
strength of the economy.
12XECO 212 Course Begins Education /
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