ECON 545 Redefine the Possible / econ545.com

1
ECON 545 Redefine the Possible - econ545.com
2
ECON 545 Redefine the Possible - econ545.com
ECON 545 All Weeks Discussion (Devry) For more
course tutorials visit www.econ545.com   DEVRY
ECON 545 Week 1 DQ 1 Supply and Demand DEVRY ECON
545 Week 1 DQ 2 Elasticity and the Minimum Wage
3
ECON 545 Redefine the Possible - econ545.com
ECON 545 Entire Course Final Exam (New) For
more course tutorials visit www.econ545.com   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
4
ECON 545 Redefine the Possible - econ545.com
ECON 545 Final Exam Set 2 For more course
tutorials visit www.econ545.com   1. (TCO A)
Suppose you are hired to manage a small
manufacturing facility that produces Widgets.
(a.) (15 points) You know from data collected on
the Widget Market that market demand has recently
decreased
5
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 1 DQ 1 Supply and Demand For more
course tutorials visit www.econ545.com   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?
6
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 1 DQ 2 Elasticity and the Minimum
Wage For more course tutorials visit www.econ545.c
om   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
7
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 2 DQ 1 Marginal Analysis For more
course tutorials visit www.econ545.com   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
8
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 2 DQ 2 Controlling Costs For more
course tutorials visit www.econ545.com   Name
some of the ways firms attempt to control their
costs. How does your firm control costs? The key
here in
9
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 2 Quiz For more course tutorials
visit www.econ545.com   1) Consider the market
for ping golf clubs.
10
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation A) For more course tutorials
visit www.econ545.com   ECON545 Project
1Microeconomic Analysis The Microeconomic
Paper tests your ability to apply economic
principles to a business decision. Select one
11
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation B) For more course tutorials
visit www.econ545.com   ECON545 Project
1Microeconomic Analysis The Microeconomic
Paper tests your ability to apply economic
principles to a business decision. Select one
12
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation C) For more course tutorials
visit www.econ545.com   ECON545 Project
1Microeconomic Analysis The Microeconomic
Paper tests your ability to apply economic
principles to a business decision. Select one
13
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation D Rajeev, P.F. Chang chain of
restaurants ) For more course tutorials
visit www.econ545.com   ECON545 Project
1Microeconomic Analysis
14
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 3 Course Project 1 Microeconomic
Analysis (Situation D Uncle Dan) For more course
tutorials visit www.econ545.com   ECON545
Project 1Microeconomic Analysis
15
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 3 DQ 1 Mergers Acquisitions For
more course tutorials visit www.econ545.com   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."
16
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 3 DQ 2 Antitrust Policy For more
course tutorials visit www.econ545.com   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
17
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 4 DQ 1 Current Topic in
Macroeconomics For more course tutorials
visit www.econ545.com   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
18
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 4 DQ 2 Healthcare For more course
tutorials visit www.econ545.com   The healthcare
sector is often cited as being fraught with just
about every economic imperfection that is known to
19
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 5 DQ 1 Trade Deficits For more
course tutorials visit www.econ545.com   What
have been some major causes of the large U.S.
trade deficits since 1992? What is a major
benefit (you could
20
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 5 DQ 2 Exchange Rates For more
course tutorials visit www.econ545.com   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?
21
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 5 Quiz For more course tutorials
visit www.econ545.com   1. Suppose that the
reserve requirement is 5. What is the effect on
the total checkable deposits in the economy if
banks reserves increased by 60 billion?
22
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation A) For more course tutorials
visit www.econ545.com   ECON545 Project
2Macroeconomic Analysis 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
23
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation B) For more course tutorials
visit www.econ545.com   ECON545 Project
2Macroeconomic Analysis The Macroeconomic
Paper tests your ability to apply economic
principles to a business decision considering the
24
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation C) For more course tutorials
visit www.econ545.com   ECON545 Project
2Macroeconomic Analysis The Macroeconomic
Paper tests your ability to apply economic
principles to a business decision considering the
25
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 6 Course Project 2 Macroeconomic
Analysis (Situation D, Uncle Dan) For more course
tutorials visit www.econ545.com   ECON545
Project 2Macroeconomic Analysis The
Macroeconomic Paper tests your ability to apply
economic principles to a business decision
considering the
26
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 6 DQ 1 Fiscal Policy For more
course tutorials visit www.econ545.com   What
fiscal policies are required to fight
unemployment? Which ones are required to fight
inflation? What are
27
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 6 DQ 2 Monetary Policy For more
course tutorials visit www.econ545.com   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?
28
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 7 DQ 1 The Public Sector For more
course tutorials visit www.econ545.com   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? Using
a
29
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 7 DQ 2 Forecasting For more course
tutorials visit www.econ545.com   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
30
ECON 545 Redefine the Possible - econ545.com
ECON 545 Week 8 Final Exam (Devry) For more
course tutorials visit www.econ545.com     1.Quest
ion (TCO A) Suppose you are hired to manage a
small manufacturing facility that produces
Widgets.
31
ECON 545 Redefine the Possible - econ545.com