ECO 203 Course Real Knowledge / eco203dotcom

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ECO 203 Course Real Knowledge / eco203dotcom
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ECO 203 Course Real Knowledge / eco203dotcom

• ECO 203 Entire Course (Ash Course)

• ECO 203 Week 1 DQ 1 Economics Systems

• 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

• 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.

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ECO 203 Course Real Knowledge / eco203dotcom

• ECO 203 Week 1 DQ 2 Role of Government

• ECO 203 Week 1 Quiz

• 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.

• 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?

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ECO 203 Course Real Knowledge / eco203dotcom

• 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

• 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.

• 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.

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ECO 203 Course Real Knowledge / eco203dotcom

• ECO 203 Week 2 Quiz

• ECO 203 Week 3 AssignmentEfforts to Reduce the
  Budget Deficit

• 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

• 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

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ECO 203 Course Real Knowledge / eco203dotcom

• ECO 203 Week 3 Discussion Question 1 Government
  Fiscal Policy

• ECO 203 Week 3 Discussion Question 2 Budget
  Deficits and the National Debt

• 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
  government Âs use of fiscal policy (the
  stimulus) to promote

• 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.)

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ECO 203 Course Real Knowledge / eco203dotcom

• ECO 203 Week 3 Quiz

• ECO 203 Week 4 DQ 1 (Federal Reserve Bank Policy
  during the 2007-2008 Recession)

• 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

• 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

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ECO 203 Course Real Knowledge / eco203dotcom

• ECO 203 Week 4 DQ 2 (The Effect of Bank Lending
  on the Company)

• ECO 203 Week 4 Quiz

• 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. 

• 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

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ECO 203 Course Real Knowledge / eco203dotcom

• ECO 203 Week 5 DQ 1 Foreign Direct Investment

• ECO 203 Week 5 DQ 2 Economies In Transition

• Imagine you are in charge of development for a
  developing country and were approached by a
  multina-tional corporation interested in locating
  in your country.

• 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

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ECO 203 Course Real Knowledge / eco203dotcom

• ECO 203 Week 5 Final Expansionary Economic Policy
  (Fiscal and Monetary)

• In 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

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ECO 203 Course Real Knowledge / eco203dotcom
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