ECON 545 Inspiring Minds/newtonhelp.com

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ECON 545 Inspiring Minds/newtonhelp.com
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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 All Weeks Discussion
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• For more course tutorials visit
• www.newtonhelp.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 
•  ECON 545 Week 3 DQ 1 Mergers Acquisitions 

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ECON 545 Inspiring Minds/newtonhelp.com

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• ECON 545 Entire Course Final Exam (New)
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• For more course tutorials visit
•  
• www.newtonhelp.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 Inspiring Minds/newtonhelp.com

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• ECON 545 Final Exam Set 2
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• For more course tutorials visit
•  
• www.newtonhelp.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?

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 1 DQ 1 Supply and Demand (NEW)
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• For more course tutorials visit
• www.newtonhelp.com
•  
• Below is a recommended topic for this discussion.
  If your instructor chooses a different Making
  the Connection from this weeks readings or
  another alternate discussion topic, his or her
  chosen topic and any required work in MyEconLab
  or elsewhere will be in the instructors first
  posting.
•  

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 1 DQ 2 Elasticity and the Minimum
  Wage (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
• Elasticity and the Minimum Wage
• Read the Making the Connection short case
  titled Why Are Oil Prices So Unstable in Chapter
  6 of our textbook, and also be sure to watch the
  video right under the Making the Connection title
  (maybe a few times). Then post your first posting
  this week beginning to discuss what youve read
  and watched in the video.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 2 DQ 1 Perfect Competition (NEW)
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• For more course tutorials visit
• www.newtonhelp.com
•  
• Read the Making the Connection short case
  titled In the Apple iPhone Apps Store, Easy Entry
  Makes the Long Run Pretty Short in Chapter 12 of
  our textbook, and also be sure to watch the video
  right under the Making the Connection title
  (maybe a few times). Then post your first posting
  this week beginning to discuss what youve read
  and watched in the video.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 2 DQ 2 Marginal Analysis (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
• Read the Making the Connection short case
  titled Adam Smiths Famous Account of the
  Division of Labor in a Pin Factory in Chapter 11
  of our textbook, and also be sure to watch the
  video right under the Making the Connection title
  (maybe a few times). Then post your first posting
  this week beginning to discuss what youve read
  and watched in the video.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 2 Quiz
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• For more course tutorials visit
• www.newtonhelp.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, then the demand for ping golf clubs
  will ..
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• State whether each of the following events will
  result in a movement along the demand curve for
  McDonalds Big Mac hamburgers or whether it will
  cause the curve to shift
•  The price of Burger Kings Whopper hamburgers
  declines. This will cause

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 3 Course Project 1 Microeconomic
  Analysis (Situation A)
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• For more course tutorials visit
• www.newtonhelp.com
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• ECON545 Project 1Microeconomic Analysis
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• 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 Inspiring Minds/newtonhelp.com

• ECON 545 Week 3 Course Project 1 Microeconomic
  Analysis (Situation B)
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• For more course tutorials visit
• www.newtonhelp.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 questionable
  sources, such as Wikipedia.
•  

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 3 Course Project 1 Microeconomic
  Analysis (Situation C)
•  
• For more course tutorials visit
•  
• www.newtonhelp.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 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 Inspiring Minds/newtonhelp.com

• ECON 545 Week 3 Course Project 1 Microeconomic
  Analysis (Situation D Rajeev PFChang chain of
  restaurants )
• For more course tutorials visit
•  
• www.newtonhelp.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 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 Inspiring Minds/newtonhelp.com

• ECON 545 Week 3 Course Project 1 Microeconomic
  Analysis (Situation D Uncle Dan)
•  
• For more course tutorials visit
• www.newtonhelp.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 questionable
  sources, such as Wikipedia.
•  

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 3 DQ 1 Oligopoly and Game Theory
  (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
• Read the Making the Connection short case
  titled With Price Collusion, More is Not Merrier
  in Chapter 14 of our textbook, and also be sure
  to watch the video right under the Making the
  Connection title (maybe a few times). Then post
  your first posting this week beginning to discuss
  what youve read and watched in the video.
• Then work on Problems and Applications 2.15, at
  the end of chapter 14, answering and discussing
  the questions in that exercise.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 3 DQ 1 Oligopoly and Game Theory
  (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
• Read the Making the Connection short case
  titled With Price Collusion, More is Not
  Merrier in Chapter 14 of our textbook, and also
  be sure to watch the video right under the Making
  the Connection title (maybe a few times). Then
  post your first posting this week beginning to
  discuss what youve read and watched in the
  video.
• Then work on Problems and Applications 2.15, at
  the end of chapter 14, answering and discussing
  the questions in that exercise

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 4 DQ 1 Unemployment and Inflation
  (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
• Read the Making the Connection short case
  titled Whats So Bad about Falling Prices? in
  Chapter 20 of our textbook, and also be sure to
  watch the video right under the Making the
  Connection title (maybe a few times). Then post
  your first posting this week beginning to discuss
  what youve read and watched in the video.
• Then work on Problems and Applications 7.9, at
  the end of Chapter 20, answering and discussing
  the questions in that exercise. 

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 4 DQ 2 Business Cycles (NEW)
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• For more course tutorials visit
• www.newtonhelp.com
•  
• Read the Making the Connection short case
  titled Can a Recession Be a Good Time for a
  Business to Expand? in Chapter 21 of our
  textbook, and also be sure to watch the video
  right under the Making the Connection title
  (maybe a few times). Then post your posting this
  week beginning to discuss what youve read and
  watched in the video.
• Then work on Problems and Applications 3.6, at
  the end of Chapter 21, answering and discussing
  the questions in that exercise.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 5 DQ 1 Fiscal Policy (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
• Then work on Problems and Applications 6.6, at
  the end of Chapter 27, answering and discussing
  the questions in that exercise.
• Read the Making the Connection short case
  titled Did Fiscal Policy Fail during the Great
  Depression? in Chapter 27 of our textbook, and
  also be sure to watch the video right under the
  Making the Connection title (maybe a few times).
  Then post your first posting this week beginning
  to discuss what youve read and watched in the
  video.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 5 DQ 2 Monetary Policy (NEW)
• For more course tutorials visit
• www.newtonhelp.com
•  
• Read the Making the Connection short case
  titled Trying to Hit a Moving Target Making
  Policy with Real-Time Data in Chapter 26 of our
  textbook, and also be sure to watch the video
  right under the Making the Connection title
  (maybe a few times). Then post your first posting
  this week beginning to discuss what youve read
  and watched in the video.
• Then work on Problems and Applications 3.12, at
  the end of Chapter 26, answering and discussing
  the questions in that exercise.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 5 Quiz
•  
• For more course tutorials visit
• www.newtonhelp.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?
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• 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. 

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 6 Course Project 2 Macroeconomic
  Analysis (Situation A)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
• ECON545 Project 2Macroeconomic Analysis
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• 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 Inspiring Minds/newtonhelp.com

• ECON 545 Week 6 Course Project 2 Macroeconomic
  Analysis (Situation B)
•  
• For more course tutorials visit
• www.newtonhelp.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 the DeVry library to find data, and avoid
  questionable sources, such as Wikipedia.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 6 Course Project 2 Macroeconomic
  Analysis (Situation C)
•  
• For more course tutorials visit
• www.newtonhelp.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 the DeVry library to find data, and avoid
  questionable sources, such as Wikipedia.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 6 Course Project 2 Macroeconomic
  Analysis (Situation D, Uncle Dan)
•  
• For more course tutorials visit
• www.newtonhelp.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 the DeVry library to find data, and avoid
  questionable sources, such as Wikipedia.
•  

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 6 DQ 1 Federal Reserve Policy (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
• Read the Making the Connection short case
  titled The Debate over Quantitative Easing? in
  Chapter 28 of our textbook, and also be sure to
  watch the video right under the Making the
  Connection title (maybe a few times). ?Then post
  your first posting this week beginning to discuss
  what youve read and watched in the video.
• Then work on Problems and Applications 4.10, at
  the end of Chapter 28, answering and discussing
  the questions in that exercise.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 6 DQ 2 Macro in an Open Economy
  (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
• Read the Making the Connection short case
  titled Japanese Firms Ride the Yen Roller
  Coaster in Chapter 29 of our textbook, and also
  be sure to watch the video right under the Making
  the Connection title (maybe a few times). ?Then
  post your first posting this week beginning to
  discuss what youve read and watched in the
  video.
• Then work on Problems and Applications 2.15, at
  the end of Chapter 29, answering and discussing
  the questions in that exercise.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 7 DQ 1 Comparative Advantage (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
• Read the Making the Connection short case
  titled Comparative Advantage, Opportunity Cost,
  and Housework in Chapter 2 of our textbook, and
  also be sure to watch the video right under the
  Making the Connection title (maybe a few times).
  Then post your first posting this week beginning
  to discuss what youve read and watched in the
  video.
• Then work on Problems and Applications 2.15, at
  the end of Chapter 2, answering and discussing
  the questions in that exercise.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 7 DQ 2 Fixed and Floating Exchange
  Rates (NEW)
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
•  
• Read the Making the Connection short case
  titled Why Did Iceland Recover So Quickly from
  the Financial Crisis?in Chapter 30 of our
  textbook, and also be sure to watch the video
  right under the Making the Connection title
  (maybe a few times). Then post your posting this
  week beginning to discuss what youve read and
  watched in the video.
• Then work on Problems and Applications 2.23, at
  the end of Chapter 30, answering and discussing
  the questions in that exercise.

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ECON 545 Inspiring Minds/newtonhelp.com

• ECON 545 Week 8 Final Exam
•  
• For more course tutorials visit
• www.newtonhelp.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?

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ECON 545 Inspiring Minds/newtonhelp.com