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ECO 203 Week 1 DQ 1 Economics Systems ECO 203 Week 1 DQ 2 Role of Government ECO 203 Week 1 Quiz ECO 203 Week 2 DQ 1 The Current State of the Economy and Unemployment ECO 203 Week 2 DQ 2 Who Benefits and Who Loses from Inflation ? ECO 203 Week 2 Quiz ECO 203 Week 3 DQ 1 Government Fiscal Policy ECO 203 Week 3 DQ 2 Budget Deficits and the National Debt ECO 203 Week 3 Assignment Efforts to Reduce the Budget Deficit – PowerPoint PPT presentation

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Title: ECO 203 EXPERT Teaching Effectively eco203expertdotcom


1
ECO 203 EXPERT Teaching Effictely/eco203expertdotc
om
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com

2
ECO 203 Entire Course (Ash Course)
  • ECO 203 Week 1 DQ 1 Economics Systems
  • ECO 203 Week 1 DQ 2 Role of Government
  • ECO 203 Week 1 Quiz
  • ECO 203 Week 2 DQ 1 The Current State of the
    Economy and Unemployment
  • ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
    from Inflation ?
  • ECO 203 Week 2 Quiz
  • ECO 203 Week 3 DQ 1 Government Fiscal Policy
  • ECO 203 Week 3 DQ 2 Budget Deficits and the
    National Debt
  • ECO 203 Week 3 Assignment Efforts to Reduce the
    Budget Deficit
  • ECO 203 Week 3 Quiz

3
ECO 203 Week 1 DQ 1 Economics Systems (Ash Course)
  • Week 1
  • Economics Systems. Discuss how your college
    education could be considered an investment in
    human capital.
  • What is the opportunity cost of your degree?
  • Reference Chapter 1, section 1.1 Economics and
    Chapter 2, section 2.1 Limited Resources.
  • Guided Response Review and respond to at least
    two of your classmates posts by replying to
    their posts on how a college
  • education contributes to human capital and the
    opportunity cost of a degree. Be sure to refer to
    concepts found in the reading when
  • responding to your classmates.

4
ECO 203 Week 1 DQ 2 Role of Government (Ash
Course)
  • Role of Government. Economics is the study of how
    society chooses to allocate its scarce productive
    resources
  • (labor, capital, land, entrepreneurial talent).
  • In a mixed economy, elements of both central
    planning and market allocation of resources are
    used in allocating productive resources.

5
ECO 203 Week 1 Quiz (Ash Course)
  •  
  • 1. Question If an individual's income
    increases, then the demand for a normal good will
  • 2. Question An example of investment, as
    defined in economics, is
  • 3. Question All but which one of the following
    could shift the demand curve?
  • 4. Question When a firm decides to replace some
    workers with robots in its production process, it
    is making a decision about one of the basic
    economic questions. Which one?

6
ECO 203 Week 2 DQ 1 The Current State of the
Economy and Unemployment (Ash Course)
  • The Current State of the Economy and
    Unemployment. Imagine a scenario where there is a
    decline in aggregate demand.
  • Identify which part of the business cycle is part
    of a decline in aggregate demand. Gross Domestic
    Product (GDP) measures the amount of new
    production.
  • A change in the amount of new production affects
    employment. Describe what would happen to GDP,
    the unemployment rate and the inflation rate if
    there is
  • a decline in aggregate demand.

7
ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
from Inflation(Ash Course)
  • Who Benefits and Who Loses from Inflation?
    Inflation is an important policy issue because it
    causes a
  • redistribution of income and wealth, and
    discourages saving and investment. Discuss how
    inflation affects borrowers and lenders,
  • asset prices, and households on fixed incomes.
  • Reference Chapter 4, section 4.3 Gainers and
    Losers from Inflation.

8
ECO 203 Week 2 Quiz (Ash Course)
  • 1. Question The term recession refers to a
  • 2. Question Who is NOT a loser in inflation?
  • 3. Question The transfer of funds from savers
    to business investors takes place in the
  • 4. Question If taxes increase and the AS curve
    is upward sloping, then
  • 5. Question The turning points of the business
    cycle are called
  • 6. Question As an economy recovers from a
    trough in the business cycle,

9
ECO 203 Week 3 Assignment Efforts to Reduce the
Budget Deficit (Ash Course)
  • Efforts to Reduce the Budget Deficit. The rapid
    growth of the national debt alarmed some
    politicians and created pressure for restricting
  • Congress's unlimited ability to spend. After
    reviewing Chapter 10, Section 10.2 Efforts to
    Reduce the Deficit, write a 2-3
  • page paper, formatted according to APA style as
    outlined in your approved style guide, discussing
    the actions taken by the
  • Congress since 1985 to reduce the budget
    deficits.

10
ECO 203 Week 3 DQ 1 Government Fiscal Policy (Ash
Course)
  • Government Fiscal Policy. Between 2007 and 2009
    the U.S. economy experienced a severe recession.
    In an effort to stimulate the
  • economy, the federal government passed a stimulus
    package. Explain the federal governments use of
    fiscal policy (the stimulus) to
  • promote growth and employment. Support your
    ideas with concepts found in the assigned
    reading. Include the following in your response
  • Discuss some actions taken by the federal
    government and whether the recession would have
    been longer and the unemployment rate higher if

11
ECO 203 Week 3 DQ 2 Budget Deficits and the
National Debt (Ash Course)
  • Budget Deficits and the National Debt. Between
    2007 and 2011 the federal budget deficit grew
    from 160.7 billion to 1,299.6 billion,
  • and the national debt grew from 8.9 trillion to
    14.8 trillion. (Figure 10.1 The ratio of debt
    to GDP, 1977-2011.)
  • In your post, differentiate the budget deficit
    from the national debt. How do you think the
    increases in the budget deficits and the national
  • debt will affect the economy in the future?

12
ECO 203 Week 3 Quiz (Ash Course)
  • 1. Question The time between the legislation of
    fiscal policy and its effect on output and
    employment is called
  • 2. Question The federal income tax is
  • 3. Question The largest single item in the
    federal budget is
  • 4. Question The Investment Tax Credit
  • 5. Question The measured deficit would be
    larger if
  • 6. Question Opponents of discretionary fiscal
    policy believe that it
  • 7. Question Keynes blamed economic downturns
    primarily on

13
ECO 203 Week 4 DQ 1 Federal Reserve Bank Policy
during the 2007-2008 Recession (Ash Course)
  •  
  • Fed Policy during the 2007-2008 Recession.
    Insert prompt.From 2007-2010, the Federal
    Reserve Bank (the Fed) used many practices that
    had never before been seen from the central bank
    of the United States.
  • Discuss the some of the actions that the Fed took
    during this period. Such as
  • How the Federal Reserves lending practices
    changed during this period.
  • What did the Federal Reserve do to support firms
    deemed too big to fail.

14
ECO 203 Week 4 DQ 2 The Effect of Bank Lending on
the Economy (Ash Course)
  • The Effect of Bank Lending on the Economy. In
    conducting expansionary monetary policy, even if
    the Federal Reserve Bank is providing
  • reserves to the banking system, during a
    recession or during periods of slow economic
    growth, banks may choose not to lend out their
    reserves
  • when interest rates are low and potential
    borrowers look risky. This is known as a credit
    crunch. Explain how a credit crunch affects
    economic growth.

15
ECO 203 Week 4 Quiz (Ash Course)
  • 1. Question M1 includes all but which one of
    the following?
  • 2. Question The transactions demand for money
    depends on
  • 3. Question Individuals accept dollars because
  • 4. Question The fact that money is legal
    tender increases its
  • 5. Question According to the M1 definition,
    the money supply consists of currency held by the
    public plus
  • 6. Question To keep the federal funds rate
    from rising above the target zone, the Fed must
  • 7. Question If the Fed sells government bonds
    on the open market, which of the following is
    likely to occur?

16
ECO 203 Week 5 DQ 1 Foreign Direct Investment
(Ash Course)
  • Foreign Direct Investment. Imagine you are in
    charge of development for a developing country
    and were approached by a multinational
  • corporation interested in locating in your
    country.
  • Identify some of the benefits and some of the
    costs to the host country from allowing a
    multinational corporation to locate in a country
    with a developing economy.
  • Discuss with your classmates if developmental
    assistance from world developmental agencies,
    such as the World Bank or the United Nations,
    would be
  • preferable to private investment.

17
ECO 203 Week 5 DQ 2 Economies in Transition (Ash
Course)
  • Economies in Transition. The movement in the
    direction of a market-based system with freely
    determined prices, competition, profits, private
    ownership, and other features of capitalism is
    not simple. Discuss some of the challenges
    associated with an economy transitioning from
    socialism to capitalism.
  • Reference Chapter 20, section 20.1 World
    Economic Systems, and section 20.2 Transition to
    a Market System

18
ECO 203 Week 5 Final Paper Expansionary Economic
Policy (Ash Course)
  •  
  • Week 5 Final PaperIn an effort to move the
    economy out of a recession, the federal
    government would engage in expansionary economic
    policies.
  • Describe the actions the government would take
    in conducting expansionary fiscal policy and
    expansionary monetary policy.
  • Expansionary Fiscal Policy Review Chapter 7
    Classical Macroeconomics and the Keynesian
    Challenge and Chapter 9 Taxes, Government
    Spending, and Fiscal Policy.
  • Explain the actions the federal government would
    take while engaging in expansionary fiscal policy
    in terms of the following

19
ECO 203 EXPERT Teaching Effictely/eco203expertdotc
om
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
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