Title: ECO 561 OUTLET Motivated Minds/eco561outlet.com
1ECO 561 OUTLET Motivated Minds/eco561outlet.com
2ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Assignment Influence of Economics on
Household Decision (1000 words) FOR MORE CLASSES
VISIT www.eco561outlet.com Purpose of
Assignment To locate, retrieve, and evaluate the
effects of macroeconomic indicators on your own
decision making. Assignment Steps
3ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Assignment Research Analysis for Business
(Starbucks) FOR MORE CLASSES VISIT
www.eco561outlet.com Research Analysis for
Business Scenario Imagine you are a business
consultant to a Business. You have been asked to
analyze, advise, and create recommendations on
how the firm can ensure its future success in its
current market.
4ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Final Exam Guide (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com 1) In a market eco
nomy the distribution of output will be determined
primarily by A. a social consensus as to what d
istribution of income is most equitable. B. consu
mer needs and preferences. C. the quantities and p
rices of the resources that households supply. D.
government regulations that provide a minimum in
come for all.
5ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Final Exam Guide(NEW) FOR MORE CLASSES
VISIT www.eco561outlet.com 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 B. demand for clothing has grown faster
than the supply of clothing C. the supply of and
demand for clothing have grown by the same
proportion
6ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 1 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com 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.
7ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 1 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com 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.
8ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 1 Economic Choice Economic
Decision Making (2 Papers) FOR MORE CLASSES VISIT
www.eco561outlet.com 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. Develop a 1,400-word analysis of your
decision-making process in which you include the
following Discuss the role of the interest rate
and the cost of financing on your purchase
decision
9ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 1 Individual Assignment Market
Equilibrating Process Paper FOR MORE CLASSES
VISIT www.eco561outlet.com We have another
paper on Market Equilibration Process Paper with
different course description which could be found
on this link Market Equilibrating
Process Paper
10ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 1 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com 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 5.
By specializing in the production of one
good, a company is able to benefit from economics
of scale which increases its revenue. Which of
the following is an attribute of specialization?
11ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 2 DQ 1 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com 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?
12ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 2 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com 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?
13ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 2 Government Interventions vs.
Market Based Solutions (2 PPT) FOR MORE CLASSES
VISIT www.eco561outlet.com 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)
14ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 2 Individual Assignment Market
Equilibration Process Paper FOR MORE CLASSES
VISIT www.eco561outlet.com 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.
Understanding how market equilibrium is sought
following such a change is essential for business
managers. It is important to understand how
economic principles, and specifically supply,
demand, and their determents are a part of your
everyday business decisions.
15ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 2 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com 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 4. It is profitable for
a firm to continue employing additional resources
as long as
16ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 2 Learning Team Reflection FOR
MORE CLASSES VISIT www.eco561outlet.com 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.
17ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 2 Team Assignment Learning Team
Project Product Pricing Component (Apple) FOR
MORE CLASSES VISIT www.eco561outlet.com Learnin
g 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 the
final paper due Week 6.Examples of good firms to
use as a subject include Southwest Airlines (a
very successful airline), Ford (they have not
declared bankruptcy), Pulte (a successful
homebuilder with a historical track record),
Whirlpool (their performance is very dependent on
the economy), Caterpillar, Microsoft, Apple
Computer, etc
18ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 3 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com Do you think that
competition can be counted on to discipline the
industrial business firms of a modern economy?
Explain.
19ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 3 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com In your industry,
would you support regulation or deregulation and
why or why not?
20ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 3 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com 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? 4. A pure-monopoly firms
demand curve is also the market demand curve.
This kind of firm may successfully engage in
price discrimination to increase its total profit
if it
21ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 3 Learning Team Reflection FOR
MORE CLASSES VISIT www.eco561outlet.com ECO
561 Week 3 Learning Team Reflection/Deliverable
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.
22ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 3 Market Structure And Pricing
Power FOR MORE CLASSES VISIT www.eco561outlet.c
om 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. Develop a 1,400-word
evaluation of pricing strategies available
producers of your selected product. This will
include statements about the market structure and
the elasticity of demand for the product, based
on text book principles and real world products
under development.
23ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 3 Team Assignment Market Structures
Simulation (Apple) FOR MORE CLASSES VISIT
www.eco561outlet.com 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.
24ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 4 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com How does the
Federal Reserve's monetary policy affect your
industry's, or company's growth?
25ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 4 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com How would you
evaluate monetary policy today? Is monetary
policy contradictory with fiscal policy? Why or
Why not? Support your analysis with examples.
26ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 4 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com 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
27ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 4 Learning Team Project
Macroeconomic Forecast Outline (Apple) FOR MORE
CLASSES VISIT www.eco561outlet.com 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? 2. It is important to
evaluate the historical relationship between
variables in order to explain how one indicator
or variable may impact another.
28ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 4 Team Assignment Business Cycles,
Economic Shocks, And Restoring Equilibrium FOR
MORE CLASSES VISIT www.eco561outlet.com 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.
The recent collapse of the housing market, the
near failure of our financial system, the wild
swings in commodity and stock prices, and the
deep recession of 2007-2009 provide a virtual
laboratory for the study of the economic shocks
and stabilization measures taken to restore
equilibrium.
29ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 5 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com How does the
Federal Reserve's monetary policy affect your
industry's, or company's growth
30ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 5 DQ 2 (UOP) FOR MORE CLASSES VISIT
www.eco561outlet.com How would you evaluate
monetary policy today? Is monetary policy
contradictory with fiscal policy? Why or Why
not? Support your analysis with examples.
31ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 5 Knowledge Check (quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com 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 4.
What is the increased morak hazard associated
wuth the too big to fall (TBTF) ballouts of the
largest of financial institutions?
32ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 5 Learning Team Project
Macroeconomic Forecast Component (Apple) FOR
MORE CLASSES VISIT www.eco561outlet.com Learnin
g 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,
focus on at least two of the following A key
interest rate (I suggest the 10-year Treasury
rate) Housing starts
33ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 5 Team Assignment Comparative And
Absolute Advantage FOR MORE CLASSES VISIT
www.eco561outlet.com 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 Saudi Arabia Democratic
Republic of Congo
34ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 6 Challenges Of Expansion To A
Foreign Location (2 Papers) FOR MORE CLASSES
VISIT www.eco561outlet.com 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. This will require you to revise
previously recommended pricing and non-pricing
strategies for your company's product based on
the selected country's economy's stage in the
business cycle and the projected economic
conditions. Discuss the evidence that supports
your recommendations.
35ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 6 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561outlet.com 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.
36ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 6 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561outlet.com 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
37ECO 561 OUTLET Motivated Minds/eco561outlet.com
ECO 561 Week 6 Team Assignment (Final), (Apple)
FOR MORE CLASSES VISIT www.eco561outlet.com Lea
rning 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) Write a 700- to 1,050- word
paper addressing the following issues in the
context of the scenario o Identify and
justify the macroeconomic measures of output and
prices which you have selected for Big Drive
Autos planning.
38ECO 561 OUTLET Motivated Minds/eco561outlet.com