ECON 545 TUTOR Redefine the Possible / econ545tutor.com

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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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
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ECON 545 TUTOR Redefine the Possible /
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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 Redefine the Possible /
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ECON 545 Final Exam Set 2 FOR MORE CLASSES
VISIT www.econ545tutor.com       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?
Remember that supply and demand are about the
market supply and market demand, which is
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ECON 545 TUTOR Redefine the Possible /
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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?
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ECON 545 TUTOR Redefine the Possible /
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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 Redefine the Possible /
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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 Redefine the Possible /
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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 Redefine the Possible /
econ545tutor.com
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. If tennis
rackets and goal substitutes
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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 (230 points). See the
grading rubric at the end of this document. Be
sure to use the DeVry library for finding data
avoid
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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). See the
grading rubric at the end of this document. Be
sure to use the DeVry library for finding data
avoid
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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.
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation D Rajeev PFChang chain of
restaurants ) 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). See the
grading rubric at the end of this document. Be
sure to use the DeVry library for finding data
avoid
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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
(230 points). See the grading rubric at the end
of this document. Be sure to use the DeVry
library for finding data avoid
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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."
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ECON 545 TUTOR Redefine the Possible /
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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?
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ECON 545 TUTOR Redefine the Possible /
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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 Redefine the Possible /
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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?
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ECON 545 TUTOR Redefine the Possible /
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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 Redefine the Possible /
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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 Redefine the Possible /
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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. Further, assume that all of the cotton is
used in the production of shirts. Use the
information in the following table
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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 Week 6 (260 Points). See the
grading rubric at the end of this document. Be
sure to use
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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 in Week 6 (260 Points). See the
grading rubric at the end of this document. Be
sure to use
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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.
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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?
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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?
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ECON 545 TUTOR Redefine the Possible /
econ545tutor.com
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). 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 TUTOR Redefine the Possible /
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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 Redefine the Possible /
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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.
As manager of the facility, what decisions should
you make regarding production levels and pricing
for your Widget facility?
31
ECON 545 TUTOR Redefine the Possible /
econ545tutor.com