Title: ECON 545 Course Real Knowledge / econ545dotcom
1ECON 545 Course Real Knowledge / econ545dotcom
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2ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 All Weeks Discussion (Devry)
- ECON 545 Entire Course Final Exam (New)
- 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
- 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
3ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 1 DQ 1 Supply and Demand
- ECON 545 Week 1 DQ 2 Elasticity and the Minimum
Wage
- 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?
- 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?
4ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 2 DQ 1 Marginal Analysis
- ECON 545 Week 2 DQ 2 Controlling Costs
- 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)?
- 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.
5ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation C)
- ECON 545 Week 3 DQ 1 Mergers Acquisitions
- 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
- 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."
6ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 3 DQ 2 Antitrust Policy
- ECON 545 Week 4 DQ 1 Current Topic in
Macroeconomics
- 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?
- 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.
7ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 4 DQ 2 Healthcare
- ECON 545 Week 5 DQ 1 Trade Deficits
- 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?
- 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?
8ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 5 DQ 2 Exchange Rates
- ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation C)
- 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?
- 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).
9ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 6 DQ 1 Fiscal Policy
- ECON 545 Week 6 DQ 2 Monetary 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?
- 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?
10ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 7 DQ 1 The Public Sector
- ECON 545 Week 7 DQ 2 Forecasting
- 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?
- 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?
11ECON 545 Course Real Knowledge / econ545dotcom
- ECON 545 Week 8 Final Exam (Devry)
- (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
12ECON 545 Course Real Knowledge / econ545dotcom
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