Title: ECO 204 Principal Education / eco204.com
1ECO 204 Principal Education / eco204.com
2ECO 204 Principal Education / eco204.com
ECO 204 Entire Course (Ash) For more course
tutorials visit www.eco204.com Circular Flow
Diagram. Explain how the circular flow diagram
relates to the current economic situation. Using
the circular flow diagram, explain a way that
your family interacts in the factor market and a
way that it interacts in the products market.
3ECO 204 Principal Education / eco204.com
ECO 204 Week 1 DQ 1 Circular Flow Diagram (Ash)
For more course tutorials visit www.eco204.com
Circular Flow Diagram. Explain how the circular
flow diagram relates to the current economic
situation. Using the circular flow diagram,
4ECO 204 Principal Education / eco204.com
ECO 204 Week 1 DQ 2 Supply and Demand (Ash) For
more course tutorials visit www.eco204.com Suppl
y and Demand. Analyze how the law of demand
applies to a recent purchase that you made.
Describe how the product has changed in price and
explain whether the price change is due to supply
or demand
5ECO 204 Principal Education / eco204.com
ECO 204 Week 1 Quiz (Ash) For more course
tutorials visit www.eco204.com ECO 204 Week 1
Quiz
6ECO 204 Principal Education / eco204.com
ECO 204 Week 2 DQ 1 Elasticity (Ash) For more
course tutorials visit www.eco204.com Elasticity
. Analyze the determinants of the price
elasticity of demand and determine if each of the
following products are elastic or inelastic a.
bottled water b. toothpaste
7ECO 204 Principal Education / eco204.com
ECO 204 Week 2 DQ 2 Externalities (Ash) For
more course tutorials visit www.eco204.com Exter
nalities. Explain the difference between a
positive and negative externality. In your
analysis, make sure to provide an example of each
type of externality
8ECO 204 Principal Education / eco204.com
ECO 204 Week 2 Raise or Lower Tuition (Ash) For
more course tutorials visit www.eco204.com Raise
or Lower Tuition? You have been hired by Nobody
State University (NSU) as a consultant to help
the university with how to increase their total
revenue.
9ECO 204 Principal Education / eco204.com
ECO 204 Week 3 DQ 1 Short and Long Run (Ash)
For more course tutorials visit www.eco204.com
Short and Long Run. Lets assume that you own a
fast food restaurant and you are faced with many
customers each day eating in the restaurant
without any tables
10ECO 204 Principal Education / eco204.com
ECO 204 Week 3 DQ 2 Fixed and Variable Costs
(Ash) For more course tutorials
visit www.eco204.com Fixed and Variable Costs.
After reading Chapter 8 in the text and viewing
the required video for this week
11ECO 204 Principal Education / eco204.com
ECO 204 Week 3 Quiz (Ash) For more course
tutorials visit www.eco204.com ECO 204 Week 3
Quiz
12ECO 204 Principal Education / eco204.com
ECO 204 Week 4 DQ 1 Market Structures (Ash) For
more course tutorials visit www.eco204.com Marke
t Structures. Explain the most important
characteristic in perfect competition,
monopolistic competition, oligopoly, and
monopolies and relate the characteristic to how
these firms can make profits in the short run
13ECO 204 Principal Education / eco204.com
ECO 204 Week 4 DQ 2 Barriers to Entry (Ash) For
more course tutorials visit www.eco204.com Barri
ers to Entry. Analyze the major barriers for
entry and exit into the airline industry. Explain
how each barrier can foster either monopoly or
oligopoly
14ECO 204 Principal Education / eco204.com
ECO 204 Week 4 Quiz (Ash) For more course
tutorials visit www.eco204.com ECO 204 Week 4
Quiz
15ECO 204 Principal Education / eco204.com
ECO 204 Week 5 DQ 1 Transfers (Ash) For more
course tutorials visit www.eco204.com Transfers.
Why would cash transfers typically be preferred
by recipients over in-kind transfers?
16ECO 204 Principal Education / eco204.com
ECO 204 Week 5 DQ 2 Tariffs and Quotas (Ash)
For more course tutorials visit www.eco204.com Ta
riffs and Quotas. Who gains and who loses from a
tariff? How do the effects of tariffs differ from
the effects of quotas? If you were a small
country, what would you rather utilize?
17ECO 204 Principal Education / eco204.com
ECO 204 Week 5 Final Paper (Ash) For more
course tutorials visit www.eco204.com Focus of
the Final Paper Market Structures You have been
hired as a consultant by your local mayor to look
at the various market structures
18ECO 204 Principal Education / eco204.com