ECON 545 Course Experience Tradition / econ545.com

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ECON 545 Course Experience Tradition / econ545.com
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 All Weeks Discussion (Devry)
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 DEVRY ECON 545 Week 3 DQ 2
Anti-Trust Policy and Microsoft DEVRY ECON 545
Week 4 DQ 1 Macroeconomic News DEVRY ECON 545
Week 4 DQ 2 Healthcare DEVRY ECON 545 Week 5 DQ 1
Trade Deficits DEVRY ECON 545 Week 5 DQ 2
Exchange Rates
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Entire Course Final Exam (New)
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 ECON 545 Week 3 DQ 1
Mergers Acquisitions ECON 545 Week 3 DQ 2
Antitrust Policy ECON 545 Week 3 Course Project 1
Microeconomic Analysis (Situation C) ECON 545
Week 4 DQ 1 Current Topic in Macroeconomics ECON
545 Week 4 DQ 2 Healthcare ECON 545 Week 5 DQ 1
Trade Deficits
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Final Exam Set 2
1.  (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?
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 1 DQ 1 Supply and Demand
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?
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 1 DQ 2 Elasticity and the Minimum
Wage
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 Course Experience Tradition / econ545.com
ECON 545 Week 2 DQ 1 Marginal Analysis
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 Course Experience Tradition / econ545.com
ECON 545 Week 2 DQ 2 Controlling Costs
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 Course Experience Tradition / econ545.com
ECON 545 Week 2 Quiz
1)    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. If tennis rackets and goal
 substitutes, then the demand for ping golf clubs
will ..
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation A)
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). 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.   
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation B)
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). 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.
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation C)
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). 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.
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation D Rajeev, P.F. Chang chain of
restaurants )
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). 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.   The following is a
list of the specific required information,
research, graphs, and math to be included in each
answer regardless of the scenario chosen.  
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation D Uncle Dan)
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). 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.   
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 3 DQ 1 Mergers Acquisitions
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."
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 3 DQ 2 Antitrust Policy
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?
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 4 DQ 1 Current Topic in
Macroeconomics
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 Course Experience Tradition / econ545.com
ECON 545 Week 4 DQ 2 Healthcare
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?
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 5 DQ 1 Trade Deficits
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 Course Experience Tradition / econ545.com
ECON 545 Week 5 DQ 2 Exchange Rates
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 Course Experience Tradition / econ545.com
ECON 545 Week 5 Quiz
1.      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?   2.      The formula
for the simple deposit multiplier is? 3.     
(Related to Solved Problem 1) Suppose that
simple economy produces only the following goods
and services shoes, hamburgers, shirts and
cotton.  Further, assume that all of the cotton
is used in the production of shirts. 
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation A)
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 6 (260 Points). See the grading
rubric at the end of this document. Be sure to
use the DeVry library to find data, and avoid
questionable sources, such as Wikipedia.
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation B)
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.
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation C)
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 6 (260 Points). See the grading
rubric at the end of this document.
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation D, Uncle Dan)
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 6 (260 Points).
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 6 DQ 1 Fiscal Policy
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?
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 6 DQ 2 Monetary Policy
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?
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 7 DQ 1 The Public Sector
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). What other examples can you think of? Using
a marginal benefit/marginal cost analysis,
support or argue against the intervention.
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ECON 545 Course Experience Tradition / econ545.com
ECON 545 Week 7 DQ 2 Forecasting
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 macro economy. 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 Course Experience Tradition / econ545.com
ECON 545 Week 8 Final Exam (Devry)
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. As manager of the facility, what
decisions should you make regarding production
levels and pricing for your Widget
facility?Remember that supply and demand are
about the market supply and market demand, which
is bigger than your own company. You are being
given data on supply and demand for the whole
market and are being asked what effect that has
on you as a small part of that market.
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ECON 545 Course Experience Tradition / econ545.com
Education reform has as its main purpose to make
sure that the education delivered is of quality
For More Courses
Visit Now
www.econ545.com