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ECO 365 Entire Course

ECO 365 Week 1 Discussion Question 1


ECO 365 Week 1 Discussion Question 2
ECO 365 Week 2 Discussion Question 1
ECO 365 Week 2 Discussion Question 2
ECO 365 Week 2 Individual Assignment Supply and Demand Simula
tion
ECO 365 Week 2 Learning Team Reflection Production and Cost An
alysis
ECO 365 Week 3 Discussion Question 1
ECO 365 Week 3 Discussion Question 2
ECO 365 Week 3 Team Assignment Current Market Conditions Com
petitive Analysis
ECO 365 Week 3 Learning Team Reflection Summary Market Struct
ure

ECO 365 Final Exam Guide (New


, Dec 2015)

). The DeBeers company is a profit-maximizing monopolist that exe


rcises monopoly power in the distribution of diamonds. If the com
pany earns positive economic profits this year, the price of diamon
ds will: Exceed the marginal cost of diamonds but equal to the av
erage total cost of diamonds. Exceed both the marginal cost and t
he average total cost of diamonds. Be equal to the marginal cost
of diamonds.

ECO 365 Final Guide

ECO 365 Final Exam Guide


1) An economist who is studying the relationship between the mo
ney supply, interest rates, and the rate of inflation is engaged in
2) A basic difference between microeconomics and macroeconomi
cs is that microeconomics
3) The distinction between supply and the quantity supplied is b
est made by saying that

ECO 365 Week 1 Discussion


Question 1

What is economics? What role does economics play in your person


al and organizational decisions? Provide an example of the role of
economics in decision making.

ECO 365 Week 1 Discussion


Question 2

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 t
he price of other goods as a factor?

ECO 365 Week 1 Individual Assignment Article


Analysis

ECO 365 Week 1 Individual Assignment Article Analysis

ECO 365 Week 2 Discussion Question 1

What is the law of diminishing marginal productivity? How does th


e law of diminishing marginal productivity affect the cost of produc
tions? Provide an example from your workplace.

ECO 365 Week 2 Discussion Qu


estion 2

Why is the demand of labor a derived demand? What is the relatio


nship between productivity and the wages earned by employees w
here you work or at an organization with which you are familiar? W
hat are some factors that determine the level of your income? Expl
ain your answer.

ECO 365 Week 2 Individual Assignment Sup


ply and Demand Simulation

Complete the Supply and Demand Simulation located on the stude


nt website.
Write 700 - 1,050-word paper of no more than summarizing the co
ntent. Address the following:
Identify two microeconomics and two macroeconomics principles
or concepts from the simulation. Explain why you have categorized
these principles or concepts as macroeconomic or microeconomic

ECO 365 Week 2 Learning Team Reflection Product


ion and Cost Analysis

Discuss this weeks objectives with your team. Include the topics y
ou feel comfortable with, any topics you struggled with, and how t
he topics relate to your field.
Prepare a 350- to 1,050- word paper detailing the findings of your
discussion.

ECO 365 Week 3 Discussion Question 1

What conditions exist when economic profits are maximized? What


is the difference between economic and accounting profits? What
are economic profit-maximizing strategies that may be made by a
perfectly competitive firm, a monopolist firm, and a monopolistic c
ompetitive firm? Provide examples and explain the strategies effec
tiveness in their respective market structures.

ECO 365 Week 3 Discussion


Question 2

What are some real-life examples of monopolistically competitive,


oligopoly, and monopoly markets? How do market prices differ bet
ween perfectly and imperfectly competitive markets? Will a monop
oly always produce at a profit-maximizing output level? Explain yo
ur answer.

ECO 365 Week 3 Learning Team Reflection Su


mmary Market Structure

Discuss this weeks objectives with your team. Include the topics y
ou feel comfortable with, any topics you struggled with, and how t
he topics relate to your field.
Prepare a 350- to 1,050- word paper detailing the findings of your
discussion.

ECO 365 Week 3 Team Assignment Current Ma


rket Conditions Competitive Analysis

Imagine you are part of a strategic planning group at a large corpo


ration that is considering developing a new proposed product. The
marketing director has asked your team to do a competitive marke
t analysis to determine the products potential success. The analysi
s will focus on your primary competitor in the products market.

ECO 365 Week 4 Discussion Question 1

What is an externality? Provide at least three examples. How does


one of the examples you provided affect the market outcome? Wh
at is the role of government in addressing the implications of an ex
ternality you provided as an example? Is it possible that a governm
ents solution to a market failure would worsen the failure? Explain
your answer.

ECO 365 Week 4 Discussion Qu


estion 2

What effect do government intervention, taxation, and regulations


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

ECO 365 Week 4 Individual Assignment Diff


erentiating Between Market Structures Tabl
e

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 Organiza
tion of Your Choice
Read the instructions in the University of Phoenix Material: Differe
ntiating Between Market Structureslocated on the student website
and select one option to complete the assignment.

ECO 365 Week 5 Team Assignment Competi


tive Strategies and Government Policies

Management has recognized the effect of changes in the real-worl


d competitive environment and government policies on other indu
stries and anticipates similar events occurring in their industry, so
they ask you for a report considering the following points.
Write 1,400 1,750-word paper of no more than in which you desc
ribe how each of the following are or potentially will affect your in
dustry or one with which you are familiar:

ECO 365 MART Teaching Effict


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FOR MORE CLASSES VISIT
www.eco365mart.com

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