XECO 212 UOP Tutorial Course/Uoptutorial

1. XECO 212 UOP Courses For more course tutorials visit www.uoptutorial.com Get Ready to grant success at exam by shop at uoptutorial

2. XECO 212 UOP Courses • XECO 212 week 1 CheckPoint A New House Readiness • XECO 212 week 1 Discussion Question 1 & 2 • XECO 212 week 2 Assignment Supply and Demand Paper • XECO 212 week 2 CheckPoint Price Elasticity and Supply and Demand Short Answer Quiz • CheckPoint: A New House – Readiness • Deciding to buy a house is a lifelong goal for many people. Imagine that you are renting a studio apartment and have just discovered you are having a baby. Your present apartment is small and far from schools and local services. You have decided to move. There are many factors that come into play when making such a large and weighty purchase. Examine the decision-making process from the perspective of an economist XECO 212 ENTIRE COURSE XECO 212 WEEK 1 CHECKPOINT A NEW HOUSE READINESS

3. XECO 212 UOP Courses • Discussion Questions • DQ 1 • Locate recent articles in the New York Times or Wall Street Journal in which economists are quoted using positive and normative statements. Provide one quote and its context for both a positive and normative statement. Explain your choice. Evaluate the statement choices of your fellow students. • Assignment: Supply and Demand Paper • Choose one good with which you have had experience purchasing: • New home • New car • Vacation to a theme park • Washing machine • Computer • College • Other XECO 212 WEEK 1 DISCUSSION QUESTION 1 & 2 XECO 212 WEEK 2 ASSIGNMENT SUPPLY AND DEMAND PAPER

4. XECO 212 UOP Courses • CheckPoint: Price Elasticity and Supply and Demand Short Answer Quiz • Complete the Price Elasticity and Supply and Demand Short Answer Quiz in Appendix B. • Post your completed chart as an attachment. • CheckPoint: Historical Example of Labor Supply and Demand • Submit a 250- to 300-word response addressing one of the following historical events in terms of labor supply and demand: the Great Depression, the Luddite Revolt, the Black Death, or the technology boom of the 1990s. Include the following: XECO 212 WEEK 2 CHECKPOINT PRICE ELASTICITY AND SUPPLY AND DEMAND SHORT ANSWER QUIZ XECO 212 WEEK 3 CHECKPOINT HISTORICAL EXAMPLE OF LABOR SUPPLY AND DEMAND

5. XECO 212 UOP Courses • Discussion Questions • DQ 1 • Why do some workers make more money than others? Must everyone make the same wage? Explain your answers using labor market equilibrium • Assignment: Maximizing Profits in Market Structures Paper • Consider competitive markets, monopolies, and oligopolies. What role does each of these play in an economy? • Write a 1,050- to 1400-word paper on Market Structures and Maximizing Profits. Address the following: XECO 212 WEEK 3 DISCUSSION QUESTION 1 & 2 XECO 212 WEEK 4 ASSIGNMENT MAXIMIZING PROFITS IN MARKET STRUCTURES PAPER

6. XECO 212 UOP Courses • CheckPoint: Market Structures Table and Questions • Complete the Market Structures Table and Questions in Appendix C. • Post your completed table and questions as an attachment. • CheckPoint: A New House – Risks and Benefits • The government and the fiscal policy it implements play a large role in the housing market. In this CheckPoint, you examine how government policy has consequences for you and the decision to buy a house. This helps you consider situations and alternative decisions in your final project. XECO 212 WEEK 4 CHECKPOINT MARKET STRUCTURES TABLE AND QUESTIONS XECO 212 WEEK 5 CHECKPOINT A NEW HOUSE RISKS AND BENEFITS

7. XECO 212 UOP Courses • Discussion Questions • DQ 1 • What is the relationship between GDP and the business cycle? How can you use information about the business cycle when making a decision about a large purchase • Assignment: Money Train Multimedia Activity • Compete the Money Train Multimedia Activity. • Post your three responses as an attachment. XECO 212 WEEK 5 DISCUSSION QUESTION 1 & 2 XECO 212 WEEK 6 ASSIGNMENT MONEY TRAIN MULTIMEDIA ACTIVITY

8. XECO 212 UOP Courses • CheckPoint: Money • Submit a 250- to 300-word response addressing the following points: • Money acts as a unit of account, medium of exchange, or a store of value. Describe each of these different functions. • Provide an example of your use of money in each of these different functions. • CheckPoint: A New House – Economy • The difficulties of the economy affect many of the decisions you make as a consumer. No more so than when you are buying a house. The health of the economy is a factor you must consider when buying a house. Sometimes the economy favors sellers and at other times it favors buyers. This CheckPoint helps you refine your decision to buy a house; it prepares you to explain in your final project how the strength of the economy, government spending, and taxes affect the marginal costs and benefits of your decision. XECO 212 WEEK 6 CHECKPOINT MONEY XECO 212 WEEK 7 CHECKPOINT A NEW HOUSE ECONOMY

9. XECO 212 UOP Courses • Discussion Questions • DQ 1 • How does the federal government implement its fiscal policies? Given economic conditions today, do you suggest expansionary fiscal policy or contractionary fiscal policy? How would your suggestions affect production and employment? Why? • Assignment: International Trade Simulation • Complete the International Trade Simulation. • Write a 1,050- to 1,250-word report advising the President of Rodamia making recommendations for international trade. Address the following: • List at least one advantage and one limitation of international trade you encountered in the simulation. • Define absolute and comparative advantage in your own words. XECO 212 WEEK 7 DISCUSSION QUESTION 1 & 2 XECO 212 WEEK 8 ASSIGNMENT INTERNATIONAL TRADE SIMULATION

10. XECO 212 UOP Courses • CheckPoint: International Trade Debate • Post a 250- to 300-word response to the following debate topic: The United States must place high tariffs and use quotas to restrict trade with foreign countries. • Consider the following issues: • Capstone Discussion Question • In your own words, using the 10 Principles of Economics outlined in Ch. 1 of Mankiw’s Principles of Economics, prepare a 200- to 300-word response to the following questions: How can each of the 10 principles be applied in an example or experience with which you are familiar? How do you intend to use your newfound knowledge in future economic decisions? XECO 212 WEEK 8 CHECKPOINT INTERNATIONAL TRADE DEBATE XECO 212 WEEK 9 CAPSTONE DQ

11. XECO 212 UOP Courses • Final Project: A New House – Decision • Review the final project criteria in Appendix A. • Write a 1,750- to 2,450-word word paper in which you decide whether to purchase a house. • Discuss which principles of economics directly relate to your purchasing decision. • Compare the marginal benefits and the marginal costs associated with your purchasing decision. • Explain how the strength of the economy as a whole affected the marginal benefits and the marginal costs associated with that decision. XECO 212 WEEK 9 FINAL PROJECT A NEW HOUSE DECISION

12. XECO 212 UOP Courses For more course tutorials visit www.uoptutorial.com Get Ready to grant success at exam by shop at uoptutorial