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ECO 100 ASH Academic
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ECO 100 Course Tutorial For more course tutorials visit www.uophelp.com
ECO 100 Course Tutorial ECO 100 Entire Course ECO 100 Week 1 DQ 1 Marginal Cost • ECO 100 Week 1 DQ 1 Marginal Cost & Marginal Benefit • ECO 100 Week 1 DQ 2 Self Interest • ECO 100 Week 2 DQ 1 Supply, Demand & Equilibrium • ECO 100 Week 2 DQ 2 Private Property • ECO 100 Week 3 DQ 1 Coprporations • Marginal Cost & Marginal Benefit • Cite three examples of recent decisions that you made in which you weighed marginal cost and marginal benefit. (Make sure these are socially acceptable and appropriate for sharing in a public forum.)
ECO 100 Course Tutorial ECO 100 Week 1 DQ 2 Self Interest no ECO 100 Week 1 Essay Answer question • Self Interest • How does self-interest help achieve society's economic goals? Why is there such a wide variety of desired goods and services in a market? In what ways are entrepreneurs and businesses at the helm of the economy but commanded by consumers? Explain in 200 words. • Week One Essay • Answer question #4 from chapter 1, page 24 of the text: "What is meant by the term 'utility,' and how does it relate to purposeful behavior?". In one to three pages, fully explain your answer in a way that shows your understanding of “utility” and human behavior.
ECO 100 Course Tutorial ECO 100 Week 2 DQ 1 Supply ECO 100 Week 2 DQ 2 Private Property 1A • Supply, Demand & Equilibrium • Professional Sport players generally are paid much more than farmers, factory workers, engineers, and teachers. The markets for the professional sports players, farmers, factory workers, engineers and teachers are generally competitive markets • Private Property • Why is private property, and the protection of property rights, so crucial to the success of the market system? Fully explain your reasoning in at least 200 words. Respond to at least two of your fellow students' postings.
ECO 100 Course Tutorial ECO 100 Week 2 Essay Answer question ECO 100 Week 3 DQ 1 Coprporations no • Week Two Essay • Answer question #4 on Chapter 4, page 100 of the text: "You are chairperson of a state tax commission responsible for establishing a program to raise new revenue through excise taxes. Why would elasticity of demand be important to you in determining the products on which the taxes should be levied?". • Corporations • What major advantages of corporations have given rise to their dominance as form of business organization? Fully support your position in at least 200 words. Respond to at least three of your classmates’ postings.
ECO 100 Course Tutorial ECO 100 Week 3 DQ 2 Oligopolies 2B ECO 100 Week 3 Essay Answer question • Oligopolies • What is an “oligopoly” and why do they exist? List 3 or 4 oligopolies whose products you own or regularly purchase. What distinguishes oligopoly from monopolistic competition? Fully support your position in at least 200 words. • Week Three Essay • Answer question #1 on chapter 8, page 201 of the text: "'No firm is completely sheltered from rivals; all firms compete for consumer dollars.
ECO 100 Course Tutorial ECO 100 Week 4 DQ 1 Unemployment Rate ECO 100 Week 4 DQ 2 GDP and Recession 2B • Unemployment Rates and Human Capital • Why might an increase of the minimum wage in the United States impact unemployment rates? How might earning a college degree increase lifetime earnings and employability? Relate your answer to elasticity of labor • GDP and Recession • What is “Gross Domestic Product” (GDP), and how is it determined each month? What does the term “Recession” mean and how do we know when one occurs?
ECO 100 Course Tutorial ECO 100 Week 4 Essay Answer question ECO 100 Week 5 DQ 1 Basic Functions • Week Four Essay • Answer question #5 on chapter 11, page 278 of the text: "Briefly discuss the major causes of income inequality • Basic Functions of Money • What are the three basic functions of money? Describe how rapid inflation can undermine money’s ability to perform each of the three functions
ECO 100 Course Tutorial ECO 100 Week 5 DQ 2 Central Bank System 1A • Central Bank System • Explain the role of the Federal Reserve System and the 12 Federal Reserve Banks. Discuss the Federal Open Market Committee (FOMC)
ECO 100Course Tutorial For more course tutorials visit www.uophelp.com