ECO 561 Slingshot Academy / eco561outlet.com

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ECO 561 Slingshot Academy / eco561outlet.com
For More Tutorials
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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Final Exam Guide (UOP)

• ECO 561 Final Exam Guide(NEW)

• 1) In a market economy the distribution of output 
  will be determined primarily by 
• A. a social consensus as to what distribution of i
  ncome is most equitable.
•  B.consumer needs and preferences. 
• C. the quantities and prices of the resources that
   households supply. 
• D. government regulations that provide a minimum i
  ncome for all. 

• 1) Suppose that in the clothing market,
  production costs have fallen, but the equilibrium
  price and quantity purchased have both increased.
  Based on this information you can conclude that
• A. the supply of clothing has grown faster than
  the demand for clothing

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 1 DQ 1 (UOP)

• ECO 561 Week 1 DQ 2 (UOP)

• What kinds of changes in underlying conditions
  can cause the supply and demand curves to shift?
  Give examples and explain the direction in which
  the curves shift. 

• What is price elasticity? Give examples of five
  products whose demand is price elastic, and five
  products whose demand is price inelastic and
  elaborate on the choices you make.

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 1 Economic Choice Economic
  Decision Making (2 Papers)

• ECO 561 Week 1 Individual Assignment Market
  Equilibrating Process Paper

• THIS TUTORIAL CONTAINS 2 PAPERS
• Consider your last vehicle purchase and the
  decision making process you engaged in while
  deciding what vehicle to purchase or if a new
  vehicle was the right decision. While analyzing
  your decision, keep in mind that everything from
  the interest rates to the price of gasoline is
  driven by the economy in one way or another

• We have another paper on  Market Equilibration
  Process Paper with different course description
  which could be found on this link
• Market Equilibrating Process Paper
• Write a 700- to 1,050-word paper in which you
  relate the concepts in this week's readings to a
  prior real world experience. The experience does
  not necessarily have to be work experience. One
  note these word count figures are meant to be a
  guideline, but feel free to exceed this

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 1 Knowledge Check (Quiz)

• ECO 561 Week 2 DQ 1 (UOP)

• 1.      Revenue increases when
• 2.      An increase in the price of an inelastic
  good
• 3.      Price elasticity of demand increases when
• 4.      The purpose of a market in a market
  system is to

• Cost is a big issue with every company, and
  changing the technology is the biggest cost for
  most companies, how your company was able to cope
  with this problem and maintain the level of
  profit in a very competitive market?  

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 2 DQ 2 (UOP)

• ECO 561 Week 2 Government Interventions vs.
  Market Based Solutions (2 PPT)

• Among the types of costs faced by a firm
  (short-run costs, fixed and variable, as well as
  long-run costs), how can technology help firms to
  lower their costs? What are some specific
  examples of how firms have used technology to
  lower costs?

• THIS TUTORIAL CONTAINS 2 PPT
• ECO 561 WEEK 2 GOVERNMENT INTERVENTIONS VS.
  MARKET BASED SOLUTIONS
• The theory of market economies emphasizes freedom
  of choice and limited government intervention.
  The classic argument for government intervention
  is market failure - the inability of the market
  economy to correct itself from a dysfunctional
  state (such as the Great Depression).

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 2 Individual Assignment Market
  Equilibration Process Paper

• ECO 561 Week 2 Knowledge Check (Quiz)

• We have another paper on Market Equilibration
  Process Paper with different course description
  which could be found on this link
• Equilibration is the process of moving between
  two equilibrium points as a result of some change
  in supply or demand.  

• 1.      Purely competitve firms increase total
  revenue by
• 2.      What are two ways for a competitve firm
  to determine the optimal level of production,
  that is, the level of production that will
  maximize profit or minimize losses?
• 3.      Suppose that a firm determines that its
  marginal revenue is greater than its marginal
  cost, it would be better to

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 2 Learning Team Reflection

• ECO 561 Week 2 Team Assignment Learning Team
  Project Product Pricing Component (Apple)

• ECO 561 Week 2 Learning Team Deliverable
• The learning objectives of week 2 were to
  identify production level to maximize profits,
  explain how to balance fixed and variable costs,
  and to apply economic cost concepts in making
  business decisions.  

• Learning Team Assignment Learning Team Project
  Product Pricing Component
• Select an organization with which you are
  familiar or in which you are interested that
  provides a private good or service. You will want
  to focus on the same firm or organization as you
  work on each Learning Team Project assignment in
  this class as you build

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 3 DQ 1 (UOP)

• ECO 561 Week 3 DQ 2 (UOP)

• Do you think that competition can be counted on
  to discipline the industrial business firms of a
  modern economy? Explain. 

• In your industry, would you support regulation or
  deregulation and why or why not?

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 3 Knowledge Check (Quiz)

• ECO 561 Week 3 Learning Team Reflection

• 1.      A purely- or perfectly-competitive firm
  would be characterized by which of the following?
• 2.      For a purely-competitive firm, price must
  be
• 3.      What will excessive or economic profits
  induce for a firm in any industry structure?

• ECO 561 Week 3 Learning Team Reflection/Deliverabl
  e
• The learning objectives of week 3 were to
  determine pricing strategy to meet organizational
  goals, determine ways to create non price
  barriers to entry based on market structure,
  determine ways to increase product
  differentiation based on market structure, and to
  determine ways to reduce costs for an
  organization.

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 3 Market Structure And Pricing Power

• ECO 561 Week 3 Team Assignment Market Structures
  Simulation (Apple)

• ECO 561 WEEK 3 MARKET STRUCTURE AND PRICING POWER
• Select a new, realistic good or service for an
  existing industry, preferably an industry you
  current work in or one in which you are
  interested in working.

• Learning Team Assignment Market Structures
  Simulation
• Write a 1,050- to 1,400- word paper where you
  explain the following in the context of the
  simulation. One note these word count figures
  are meant to be a guideline, but feel free to
  exceed this if you find it is necessary to
  adequately provide relevant details and clarify
  important points.

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 4 DQ 1 (UOP)

• ECO 561 Week 4 DQ 2 (UOP)

• How does the Federal Reserve's monetary policy
  affect your industry's, or company's growth? 

• How would you evaluate monetary policy today?  Is
  monetary policy contradictory with fiscal policy?
  Why or Why not?  Support your analysis with
  examples.

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 4 Knowledge Check (Quiz)

• ECO 561 Week 4 Learning Team Project
  Macroeconomic Forecast Outline (Apple)

• 1.      Business cycles occur when output
• 2.      Which of these statements best describes
  a complete individual buisness cycle?
• 3.      During the buisness cycle, the period
  between the point at which output reaches a high
  and the point at which it reaches a low is called

• 1. Learning Team Assignment Learning Team
  Project Macroeconomic Forecast Outline Prepare a
  brief outline of the Week 5 Learning Team Project
  Macroeconomic Forecast Component in which you
  answer the following questions
• 1. What are the economic indicators for which you
  will be providing forecasts?

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 4 Team Assignment Business Cycles,
  Economic Shocks, And Restoring Equilibrium

• ECO 561 Week 5 DQ 1 (UOP)

• ECO 561 WEEK 4 TEAM ASSIGNMENT BUSINESS CYCLES,
  ECONOMIC SHOCKS, AND RESTORING EQUILIBRIUM
• As a manager, it is important to understand how
  the business cycle affects supply and demand,
  prices, and how economic shocks will impact your
  company's markets, supply chain, and financing

• How does the Federal Reserve's monetary policy
  affect your industry's, or company's growth? 

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 5 DQ 2 (UOP)

• ECO 561 Week 5 Knowledge Check (quiz)

• How would you evaluate monetary policy today?  Is
  monetary policy contradictory with fiscal policy?
  Why or Why not?  Support your analysis with
  examples.

• 1.      The Classical Theory of Asset Prices
  assumes which of the following ideas?
• 2.      Economists use two principle interest
  rates normal and real. The purpose of this
  distinction is to
• 3.      During periods of incresing inflationary
  pressure, the Federal Reserve should

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 5 Learning Team Project
  Macroeconomic Forecast Component (Apple)

• ECO 561 Week 5 Team Assignment Comparative And
  Absolute Advantage

• Learning Team Assignment Learning Team Project
  Macroeconomic Forecast Component
• Include the following in this paper
• Identify a list of five economic indicators which
  will be the subject of this paper. In addition to
  real GDP, the unemployment rate, and the
  inflation rate

• ECO 561 WEEK 5 TEAM ASSIGNMENT COMPARATIVE AND
  ABSOLUTE ADVANTAGE
• Develop a 1,750-word analysis of the
  international economy in which you do the
  following
• Analyze measures of economic growth, and
  comparative and absolute advantage in
  international trade for the following countries
• USA
• China

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 6 Challenges Of Expansion To A
  Foreign Location (2 Papers)

• ECO 561 Week 6 DQ 1 (UOP)

• THIS TUTORIAL CONTAINS 2 PAPERS
• ECO 561 WEEK 6 CHALLENGES OF EXPANSION TO A
  FOREIGN LOCATION
• Revise your Week 3 economic analysis using the
  feedback provided by your facilitator to evaluate
  the challenges of expanding your company's
  production to a foreign market

• How much has the growth in international trade
  impacted your company, or industry? Has the
  devaluation of the U.S. dollar impacted your
  company, or industry? Explain. 

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ECO 561 Slingshot Academy / eco561outlet.com

• ECO 561 Week 6 Knowledge Check (Quiz)

• ECO 561 Week 6 Team Assignment (Final), (Apple)

• 1. If the demand is QD 100 10P and there is a
  1 price increase, then the elasticity of demand
  at p 2 is
• 2. If the absolute value of a demand elasticity
  is less than 1, then
• 3. If the cross-price elasticity is negative,
  then the two goods are
• 4. Under perfect competition, a firm maximizes
  its profit by setting
• 5. In a large city, a good, real-world example
  for perfect competition would be

• Learning Team Assignment International Paper
•         Resources The data compiled from the
  University of Phoenix Material Big Drive Auto
  in Week Four (or the material from your own
  organization in which you faculty member has
  approved) 

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ECO 561 Slingshot Academy / eco561outlet.com
For More Tutorials
www.eco561outlet.com