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ADM 614 Education Begins/newtonhelp.com

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For more course tutorials visit www.newtonhelp.com ADM 614 Topic 1 Discussion 1 Tradeoffs The economic way of thinking requires administrators to incorporate eight principles. One of the principles relates to “tradeoffs” and another principle relates to “opportunity costs” for scarce resources. Describe how public administrators must make trade-offs by assessing opportunity costs relating to scarce resources. – PowerPoint PPT presentation

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Title: ADM 614 Education Begins/newtonhelp.com


1
ADM 614 Education Begins/newtonhelp.com
2
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 1 Discussion 1 Tradeoffs
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 1 Discussion 1 Tradeoffs
  •  
  • The economic way of thinking requires
    administrators to incorporate eight principles.
    One of the principles relates to tradeoffs and
    another principle relates to opportunity costs
    for scarce resources. Describe how public
    administrators must make trade-offs by assessing
    opportunity costs relating to scarce resources.

3
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 1 Discussion 2 Scarcity And Poverty
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 1 Discussion 2 Scarcity And Poverty
  •  
  • Explain how scarcity and poverty are different.
    Give examples to support your reasoning.

4
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 2 Discussion 1 Public Budgets And
    Public Needs
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 2 Discussion 1 Public Budgets And
    Public Needs
  •  
  • Assess discrepancies between public budgets and
    public needs. Explain the relationship between
    the public budget and the demand for public goods.

5
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 2 Discussion 2 Scarce Resources
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 2 Discussion 2 Scarce Resources
  •  
  • Markets and government both allocate scarce
    resources. Please explain how government adjusts
    market outcomes though subsidies and whether
    Pareto efficiencies are achieved. Discuss the
    role of subsidies in the Affordable Care Act as
    explained in the assigned article How
    Millionaires Get Obamacare Subsidies Intended to
    Aid the Poor by Managan.

6
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 3 Discussion 1 Government Failure
    And Market Failure
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 3 Discussion 1 Government Failure
    And Market Failure
  •  
  • Explain the difference between government failure
    and market failure. Discuss the role of
    government in a market economy to address market
    failure.

7
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 3 Discussion 2 Economic Efficiency
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 3 Discussion 2 Economic Efficiency
  •  
  • Economic efficiency is how economists assess the
    desirability of outcomes. Discuss the two
    requirements for efficiency in a market economy.

8
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 4 Discussion 1 Impacts Of
    Monopolies On The Economy
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 4 Discussion 1 Impacts Of
    Monopolies On The Economy
  •  
  • Monopolies are good for producers but not
    consumers. Differentiate between the positive and
    negative impacts of monopolies on the economy.
    Discuss why or why not monopolies are bad for the
    economy?
  •  

9
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 4 Discussion 2 Three Types Of
    Unemployment
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 4 Discussion 2 Three Types Of
    Unemployment
  •  
  • Compare and contrast the three types of
    unemployment. Discuss how these three types of
    unemployment demystify a common myth that
    unemployment would not exist if the economy were
    operating efficiently.
  •  

10
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 5 Discussion 1 Flow Of Money And
    Income
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 5 Discussion 1 Flow Of Money And
    Income
  •  
  • Discuss the circular flow of money and income
    through the four basic markets of (a) goods and
    services, (b) resource markets, (c) loanable
    fund, and (d) foreign exchange. Identify a key
    factor related to the flow of money and income in
    two of the four identified markets.

11
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 5 Discussion 2 Market Crisis
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 5 Discussion 2 Market Crisis
  •  
  • Read special Topic 5 (page 610) regarding the
    market crisis of 2008. Explain what caused the
    recession. Discuss how the economy reacted to the
    2008 market crisis and continues to react to its
    impacts. Explain how you might prevent this type
    of problem from reoccurring. Support your
    response with research.

12
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 6 Discussion 1 Keynesian Model
    Budget Deficits
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 6 Discussion 1 Keynesian Model
    Budget Deficits
  •  
  • Explain what a budget deficit is. Describe how
    under the Keynesian model budget deficits
    increase aggregate demand.

13
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Topic 6 Discussion 2 Economic Recovery
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Topic 6 Discussion 2 Economic Recovery
  •  
  • Evaluate whether or not fiscal stimulus will
    increase or decrease economic recovery. Explain

14
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Week 1 Private Ownership and Markets
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Week 1 Private Ownership and Markets
  •  
  • Details
  •  
  • Read the case study on page 27 Protecting
    Endangered Species with Private Property Rights.
    Write an essay 1,000-1,250 words, answering the
    following questions

15
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Week 2 Supply and Demand
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Week 2 Supply and Demand
  •  
  • Details
  •  
  • Create a Paper discussing supply and demand in
    the public sector. Include the following
  •  
  • Choose an economist discussed in Chapters 3-4 and
    explain that philosophers market theory.
  •  
  • Explain demand theory. Discuss factors that cause
    changes in demand and quantity demanded.
  •  

16
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Week 3 Public Goods and Collective Action
    in the public Sector
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Public Goods and Collective Action in the public
    Sector 
  • Details
  •  
  • Write an essay of 1,000-1,250 words regarding
    public goods. 
  •  
  • Include the following
  •  
  • Explain what a public good is.

17
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Week 4 Economic Growth and Market
    Dynamics
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Week 4 Economic Growth and Market
    Dynamics
  •  
  • Details
  •  
  • Create a Essay on discussing Economic Growth and
    Market Dynamics. Include the following
  •  
  • What is GDP and how is it measured?
  •  
  • Evaluate the validity of using GDP as a measure
    of economic output.

18
ADM 614 Education Begins/newtonhelp.com
  • ADM 614 Week 8 The Future of the Public Sector of
    the Economy
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ADM 614 Week 8 The Future of the Public Sector of
    the Economy
  •  
  • Details
  •  
  • Create a Essay on discussing the future of the
    Public sector of the Economy. Include the
    following
  •  

19
ADM 614 Education Begins/newtonhelp.com
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