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ECO 365 Enire Course and Final Guide

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ECO 365 Enire Course and Final Guide

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ECO 365 Entire Course

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ECO 365 Week 1 Discussion Question 1

ECO 365 Week 1 Discussion Question 2
ECO 365 Week 1 Individual Assignment Economic
Definitions Worksheet
ECO 365 Week 1 Individual Assignment Economic
Analysis

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ECO 365 Final Exam Guide (New, Dec 2015)

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1). The DeBeers company is a profit-maximizing
monopolist that exercises monopoly power in the
distribution of diamonds. If the company earns
positive economic profits this year, the price of
diamonds will: Exceed the marginal cost of
diamonds but equal to the average total cost of
diamonds. Exceed both the marginal cost and the
average total cost of diamonds. Be equal to the
marginal cost of diamonds. Be equal to the

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ECO 365 Final Exam Guide 1

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1. Because you can only obtain more of one good by

giving up some of another good, the shape of a
production possibility curve is _______________.

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ECO 365 Week 1 Discussion Question 1

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What is economics? What role does economics play in
your personal and organizational decisions? Provide
an example of the role of economics in decision
making.

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ECO 365 Week 1 Discussion Question 2

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Identify a recent purchase in which the price of the
product was an important consideration in the
decision-making process related to purchasing the
product. What other factors affected your decision?
How important was your income as a factor? How
important was the price of other goods as a factor?

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ECO 365 Week 1 Individual Assignment Economic

Analysis
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Prepare a 1,000-1,500 word paper in which you

explain what the difference is between a movement
along and shift of the demand curve.
Show the impact on the equilibrium price and
quantity that results from;

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ECO 365 Week 1 Individual Assignment Economic

Definitions Worksheet
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Write the definition for each of the following:

1.
Law of Demand
2.
Law of Supply
3.
Price Elasticity of Demand
4.
Macroeconomics

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ECO 365 Week 1 Individual Assignment Supply

and Demand Curve Worksheet (2 Sets)
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This Tutorial contains 2 sets of Worksheet

Complete the Supply and Demand Curve worksheet.

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ECO 365 Week 2 Discussion Question 1

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What is the law of diminishing marginal productivity?
How does the law of diminishing marginal productivity
affect the cost of productions? Provide an example
from your workplace.

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ECO 365 Week 2 Discussion Question 2

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Why is the demand of labor a derived demand? What
is the relationship between productivity and the
wages earned by employees where you work or at an
organization with which you are familiar? What are
some factors that determine the level of your income?
Explain your answer.

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ECO 365 week 2 Individual Assignment Supply a

nd Demand Simulation (Microeconomics and the
Laws of Supply and Demand ) (3 Papers)
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Completethe Supply and Demand Simulation

located on the student website.
Write700 - 1,050-word paper of no more than
summarizing the content. Address the following:

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ECO 365 Week 2 Learning Team Reflection Produ

ction and Cost Analysis
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Discussthis weeks objectives with your team.

Include the topics you feel comfortable with, any
topics you struggled with, and how the topics relate to
your field.

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ECO 365 Week 2 Team Assignment Elasticity Pap

er (Substitute or Compliment)
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Reflect on why some products become substitutes

and why some are compliments (e.g. hot dogs and
hot dog buns).
Prepare a 350- to 1,050- word paper detailing the
findings of your discussion.

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ECO 365 Week 2 Team Assignment Product Subst

itution Versus Product Compliment
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ECO 365 Week 2 Team Assignment Substitute vs

Compliment

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ECO 365 Week 3 Discussion Question 1

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What conditions exist when economic profits are

maximized? What is the difference between economic
and accounting profits? What are economic profitmaximizing strategies that may be made by a
perfectly competitive firm, a monopolist firm, and a
monopolistic competitive firm? Provide examples and
explain the strategies effectiveness in their
respective market structures.

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ECO 365 Week 3 Discussion Question 2

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What are some real-life examples of monopolistically

competitive, oligopoly, and monopoly markets? How
do market prices differ between perfectly and
imperfectly competitive markets? Will a monopoly
always produce at a profit-maximizing output level?
Explain your answer.

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ECO 365 Week 3 Learning Team Reflection Summ

ary Market Structure
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Discuss this weeks objectives with your team. Include

the topics you feel comfortable with, any topics you
struggled with, and how the topics relate to your field.
Prepare a 350- to 1,050- word paper detailing the
findings of your discussion.

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ECO 365 week 3 Team Assignment Current Market

Conditions Competitive Analysis (3 Papers)
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This tutorial contains 3 sets of paper

Imagine you are part of a strategic planning group at
a large corporation that is considering developing a
new proposed product. The marketing director has
asked your team to do a competitive market analysis
to determine the products potential success.

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ECO 365 Week 4 Differentiating Between Market

Structures Presentation (New Syllabus),Starbuc
ks
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You will apply important microeconomics concepts

toward the competitive strategies of an organization
that operates in an industry of your choice.

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ECO 365 Week 4 Discussion Question 1

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What is an externality? Provide at least three

examples. How does one of the examples you
provided affect the market outcome? What is the role
of government in addressing the implications of an
externality you provided as an example? Is it possible
that a governments solution to a market failure
would worsen the failure? Explain your answer.

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ECO 365 Week 4 Differentiating Between Market

Structures Presentation (New Syllabus),Starbuc
ks
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You will apply important microeconomics concepts

toward the competitive strategies of an organization
that operates in an industry of your choice.

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ECO 365 Week 4 Discussion Question 2

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What effect do government intervention, taxation,

and regulations have on economic behavior? Explain.
What are real-world examples of government
intervention, taxation, and regulations? What are the
goals of each?

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ECO 365 Week 4 Individual Assignment Different

iating Between Market Structures Table
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For this assignment, you will choose from the

following options:
Option 1: Differentiating Between Market Structures
in Kudler
Option 2: Differentiating Between Market Structures
in an Organization of Your Choice

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ECO 365 Week 4 Learning Team Reflection Public

Policy in Economics
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Discuss this weeks objectives with your team. Include

the topics you feel comfortable with, any topics you
struggled with, and how the topics relate to your field.

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ECO 365 Week 4 Team Assignment Mergers and J

oint Ventures (2 Papers)
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This Tutorial Contains 2 sets of papers

Learning Team Assignment Week 4
Discuss the differences between horizontal, vertical
and conglomerate mergers and how those differ from
a joint venture.
Introduction
Horizontal Mergers

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ECO 365 Week 4 Team Assignment Mergers and J

oint Ventures (2 Papers)
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This Tutorial Contains 2 sets of papers

Learning Team Assignment Week 4
Discuss the differences between horizontal, vertical
and conglomerate mergers and how those differ from
a joint venture.
Introduction
Horizontal Mergers

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ECO 365 Week 4 Team Assignment Mergers and J

oint Ventures (2 Papers)
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This Tutorial Contains 2 sets of papers

Learning Team Assignment Week 4
Discuss the differences between horizontal, vertical
and conglomerate mergers and how those differ from
a joint venture.
Introduction
Horizontal Mergers

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