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ECO 204 Entire Course
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ECO 204 Entire Course Principles of Microeconomics New Course Week 1
DQ 1
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. Guided Response: Review the discussion board posts of your classmates. Respond to at least two of your classmates and comment on their descriptions of the circular flow diagram and factors of production. Discuss how circular flow relates to current economic situations. DQ 2 Supply 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. Did the change in price affect your decision to purchase the item? Guided Response: Review the discussion board posts of your classmates. Note their analysis of a recent purchase and respond to at least two of your classmates. In your responses, discuss the effects of a price change and how it might alter your decision to make a purchase, according to the determinants of supply or demand.
Quiz 1. 1.Due Day 6. Week One Quiz. Complete the quiz on the assigned readings for the week.2. 1.Due Day 6. Week Three Quiz. Complete the quiz on the assigned readings for the week. 3. 1.Due Day 6. Week Four Quiz. Complete the quiz on the assigned readings for the week. Week 5 DQ 1 Transfers. Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective? Respond to at least two of your classmates. DQ 2 Tariffs 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? Guided Response: Review the discussion board posts of your classmates. Note their analysis of those who gain and lose from a tariff. Respond to at least two of your classmates. Compare your classmates’ analyses on using tariffs vs. quotas by comparing to your own. Which is better? Week 5 Focus of the Final Paper
Market Structures In an eight- to ten-page paper, describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, monopoly), provide a real-life example of each market, and respond to the following for each market structure: 1. Indicate how high entry barriers into a market will influence: a. Long-run profitability of the firms b. Cost efficiency of the firms in the industry c. Likelihood that some inefficient firms will survive d. Incentive of entrepreneurs to develop substitutes for the product supplied by the firms 2. Are competitive pressures present in markets with high barriers to entry? Explain. 3. Describe which market structure you would prefer for selling products. Explain why and support your answer with the characteristics of that market. 4. Describe which market structure you would prefer for buying products. Explain why and support your answer with the characteristics of that market. 5. How does each market structure respond to price changes of the products that they sell? Explain whether each market structure will be selling elastic or inelastic products, and how this will affect the market price charged. 6. How does the role of the government affect each market structure’s ability to price their products? 7. How does international trade affect each market structure? Your paper will need to include a title page, reference page, and in-text citations that are formatted in accordance with APA style as outlined in the Ashford Writing Center. Also, your content should be eight to ten pages, which does not include your reference or title page. You will need to include five academic sources from the Ashford University Library to include in your paper as part of your research to support your work and analysis. Writing the Final Paper The Final Paper: 1. Must be eight to ten double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center. ECO204: Principles of Microeconomics Online 11 2. Must include a title page with the following: a. Title of paper b. Student’s name c. Course name and number d. Instructor’s name e. Date submitted 3. Must begin with an introductory paragraph that has a succinct thesis statement. 4. Must address the topic of the paper with critical thought. 5. Must end with a conclusion that reaffirms your thesis. 6. Must use at least five scholarly sources from the Ashford University Library. 7. Must document all sources in APA style, as outlined in the Ashford Writing Center. 8. Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
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ECO 204 Entire Course
http://www.fres-courses.com/product/eco-204-entire-course-principles-of-microeconomics-new-course |
ECO 204 Entire Course Principles of Microeconomics New Course Week 1
DQ 1
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. Guided Response: Review the discussion board posts of your classmates. Respond to at least two of your classmates and comment on their descriptions of the circular flow diagram and factors of production. Discuss how circular flow relates to current economic situations. DQ 2 Supply 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. Did the change in price affect your decision to purchase the item? Guided Response: Review the discussion board posts of your classmates. Note their analysis of a recent purchase and respond to at least two of your classmates. In your responses, discuss the effects of a price change and how it might alter your decision to make a purchase, according to the determinants of supply or demand.
Quiz 1. 1.Due Day 6. Week One Quiz. Complete the quiz on the assigned readings for the week.2. 1.Due Day 6. Week Three Quiz. Complete the quiz on the assigned readings for the week. 3. 1.Due Day 6. Week Four Quiz. Complete the quiz on the assigned readings for the week. Week 5 DQ 1 Transfers. Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective? Respond to at least two of your classmates. DQ 2 Tariffs 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? Guided Response: Review the discussion board posts of your classmates. Note their analysis of those who gain and lose from a tariff. Respond to at least two of your classmates. Compare your classmates’ analyses on using tariffs vs. quotas by comparing to your own. Which is better? Week 5 Focus of the Final Paper
Market Structures In an eight- to ten-page paper, describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, monopoly), provide a real-life example of each market, and respond to the following for each market structure: 1. Indicate how high entry barriers into a market will influence: a. Long-run profitability of the firms b. Cost efficiency of the firms in the industry c. Likelihood that some inefficient firms will survive d. Incentive of entrepreneurs to develop substitutes for the product supplied by the firms 2. Are competitive pressures present in markets with high barriers to entry? Explain. 3. Describe which market structure you would prefer for selling products. Explain why and support your answer with the characteristics of that market. 4. Describe which market structure you would prefer for buying products. Explain why and support your answer with the characteristics of that market. 5. How does each market structure respond to price changes of the products that they sell? Explain whether each market structure will be selling elastic or inelastic products, and how this will affect the market price charged. 6. How does the role of the government affect each market structure’s ability to price their products? 7. How does international trade affect each market structure? Your paper will need to include a title page, reference page, and in-text citations that are formatted in accordance with APA style as outlined in the Ashford Writing Center. Also, your content should be eight to ten pages, which does not include your reference or title page. You will need to include five academic sources from the Ashford University Library to include in your paper as part of your research to support your work and analysis. Writing the Final Paper The Final Paper: 1. Must be eight to ten double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center. ECO204: Principles of Microeconomics Online 11 2. Must include a title page with the following: a. Title of paper b. Student’s name c. Course name and number d. Instructor’s name e. Date submitted 3. Must begin with an introductory paragraph that has a succinct thesis statement. 4. Must address the topic of the paper with critical thought. 5. Must end with a conclusion that reaffirms your thesis. 6. Must use at least five scholarly sources from the Ashford University Library. 7. Must document all sources in APA style, as outlined in the Ashford Writing Center. 8. Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
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ECO 204 Entire Course
http://www.fres-courses.com/product/eco-204-entire-course-principles-of-microeconomics-new-course |
ECO 204 Entire Course Principles of Microeconomics New Course Week 1
DQ 1
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. Guided Response: Review the discussion board posts of your classmates. Respond to at least two of your classmates and comment on their descriptions of the circular flow diagram and factors of production. Discuss how circular flow relates to current economic situations. DQ 2 Supply 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. Did the change in price affect your decision to purchase the item? Guided Response: Review the discussion board posts of your classmates. Note their analysis of a recent purchase and respond to at least two of your classmates. In your responses, discuss the effects of a price change and how it might alter your decision to make a purchase, according to the determinants of supply or demand.
Quiz 1. 1.Due Day 6. Week One Quiz. Complete the quiz on the assigned readings for the week.2. 1.Due Day 6. Week Three Quiz. Complete the quiz on the assigned readings for the week. 3. 1.Due Day 6. Week Four Quiz. Complete the quiz on the assigned readings for the week. Week 5 DQ 1 Transfers. Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective? Respond to at least two of your classmates. DQ 2 Tariffs 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? Guided Response: Review the discussion board posts of your classmates. Note their analysis of those who gain and lose from a tariff. Respond to at least two of your classmates. Compare your classmates’ analyses on using tariffs vs. quotas by comparing to your own. Which is better? Week 5 Focus of the Final Paper
Market Structures In an eight- to ten-page paper, describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, monopoly), provide a real-life example of each market, and respond to the following for each market structure: 1. Indicate how high entry barriers into a market will influence: a. Long-run profitability of the firms b. Cost efficiency of the firms in the industry c. Likelihood that some inefficient firms will survive d. Incentive of entrepreneurs to develop substitutes for the product supplied by the firms 2. Are competitive pressures present in markets with high barriers to entry? Explain. 3. Describe which market structure you would prefer for selling products. Explain why and support your answer with the characteristics of that market. 4. Describe which market structure you would prefer for buying products. Explain why and support your answer with the characteristics of that market. 5. How does each market structure respond to price changes of the products that they sell? Explain whether each market structure will be selling elastic or inelastic products, and how this will affect the market price charged. 6. How does the role of the government affect each market structure’s ability to price their products? 7. How does international trade affect each market structure? Your paper will need to include a title page, reference page, and in-text citations that are formatted in accordance with APA style as outlined in the Ashford Writing Center. Also, your content should be eight to ten pages, which does not include your reference or title page. You will need to include five academic sources from the Ashford University Library to include in your paper as part of your research to support your work and analysis. Writing the Final Paper The Final Paper: 1. Must be eight to ten double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center. ECO204: Principles of Microeconomics Online 11 2. Must include a title page with the following: a. Title of paper b. Student’s name c. Course name and number d. Instructor’s name e. Date submitted 3. Must begin with an introductory paragraph that has a succinct thesis statement. 4. Must address the topic of the paper with critical thought. 5. Must end with a conclusion that reaffirms your thesis. 6. Must use at least five scholarly sources from the Ashford University Library. 7. Must document all sources in APA style, as outlined in the Ashford Writing Center. 8. Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
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