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ECO 203 EXPERT Leading through innovation/eco203expertdotcom

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FOR MORE CLASSES VISIT www.eco203expert.com ECO 203 Week 1 DQ 1 Economics Systems ECO 203 Week 1 DQ 2 Role of Government ECO 203 Week 1 Quiz ECO 203 Week 2 DQ 1 The Current State of the Economy and Unemployment ECO 203 Week 2 DQ 2 Who Benefits and Who Loses from Inflation ? ECO 203 Week 2 Quiz ECO 203 Week 3 DQ 1 Government Fiscal Policy ECO 203 Week 3 DQ 2 Budget Deficits and the National Debt ECO 203 Week 3 Assignment Efforts to Reduce the Budget Deficit ECO 203 Week 3 Quiz – PowerPoint PPT presentation

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Title: ECO 203 EXPERT Leading through innovation/eco203expertdotcom


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ECO 203 EXPERT Leading through innovation/eco203ex
pertdotcom
2
ECO 203 EXPERT Leading through innovation
  • ECO 203 Entire Course (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  •  
  • ECO 203 Week 1 DQ 1 Economics Systems
  • ECO 203 Week 1 DQ 2 Role of Government
  • ECO 203 Week 1 Quiz
  • ECO 203 Week 2 DQ 1 The Current State of the
    Economy and Unemployment

3
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 1 DQ 1 Economics Systems (Ash
    Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Week 1
  • Economics Systems. Discuss how your college
    education could be considered an investment in
    human capital.
  • What is the opportunity cost of your degree?
  • Reference Chapter 1, section 1.1 Economics and
    Chapter 2, section 2.1 Limited Resources.

4
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 1 DQ 2 Role of Government (Ash
    Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Role of Government. Economics is the study of how
    society chooses to allocate its scarce productive
    resources
  • (labor, capital, land, entrepreneurial talent).
  • In a mixed economy, elements of both central
    planning and market allocation of resources are
    used in allocating productive resources.

5
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 1 Quiz (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • 1. Question If an individual's income
    increases, then the demand for a normal good will
  • 2. Question An example of investment, as
    defined in economics, is
  • 3. Question All but which one of the following
    could shift the demand curve?

6
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 2 DQ 1 The Current State of the
    Economy and Unemployment (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • The Current State of the Economy and
    Unemployment. Imagine a scenario where there is a
    decline in aggregate demand.
  • Identify which part of the business cycle is part
    of a decline in aggregate demand. Gross Domestic
    Product (GDP) measures the amount of new
    production.

7
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
    from Inflation(Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Who Benefits and Who Loses from Inflation?
    Inflation is an important policy issue because it
    causes a
  • redistribution of income and wealth, and
    discourages saving and investment. Discuss how
    inflation affects borrowers and lenders,
  • asset prices, and households on fixed incomes.

8
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 2 Quiz (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • 1. Question The term recession refers to a
  • 2. Question Who is NOT a loser in inflation?
  • 3. Question The transfer of funds from savers
    to business investors takes place in the
  • 4. Question If taxes increase and the AS curve
    is upward sloping

9
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 3 Assignment Efforts to Reduce the
    Budget Deficit (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Efforts to Reduce the Budget Deficit. The rapid
    growth of the national debt alarmed some
    politicians and created pressure for restricting
  • Congress's unlimited ability to spend. After
    reviewing Chapter 10, Section 10.2 Efforts to
    Reduce the Deficit, write a 2-3

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ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 3 DQ 1 Government Fiscal Policy (Ash
    Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Government Fiscal Policy. Between 2007 and 2009
    the U.S. economy experienced a severe recession.
    In an effort to stimulate the
  • economy, the federal government passed a stimulus
    package. Explain the federal governments use of
    fiscal policy (the stimulus) to

11
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 3 DQ 2 Budget Deficits and the
    National Debt (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Budget Deficits and the National Debt. Between
    2007 and 2011 the federal budget deficit grew
    from 160.7 billion to 1,299.6 billion,
  • and the national debt grew from 8.9 trillion to
    14.8 trillion. (Figure 10.1 The ratio of debt
    to GDP, 1977-2011.)

12
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 3 Quiz (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • 1. Question The time between the legislation of
    fiscal policy and its effect on output and
    employment is called
  • 2. Question The federal income tax is
  • 3. Question The largest single item in the
    federal budget is
  • 4. Question The Investment Tax Credit

13
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 4 DQ 1 Federal Reserve Bank Policy
    during the 2007-2008 Recession (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Fed Policy during the 2007-2008 Recession.
    Insert prompt.From 2007-2010, the Federal
    Reserve Bank (the Fed) used many practices that
    had never before been seen from the central bank
    of the United States.

14
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 4 DQ 2 The Effect of Bank Lending on
    the Economy (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • The Effect of Bank Lending on the Economy. In
    conducting expansionary monetary policy, even if
    the Federal Reserve Bank is providing
  • reserves to the banking system, during a
    recession or during periods of slow economic
    growth, banks may choose not to lend out their
    reserves

15
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 4 Quiz (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • 1. Question M1 includes all but which one of
    the following?
  • 2. Question The transactions demand for money
    depends on
  • 3. Question Individuals accept dollars because
  • 4. Question The fact that money is legal
    tender increases

16
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 5 DQ 1 Foreign Direct Investment
    (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Foreign Direct Investment. Imagine you are in
    charge of development for a developing country
    and were approached by a multinational
  • corporation interested in locating in your
    country.

17
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 5 DQ 2 Economies in Transition (Ash
    Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Economies in Transition. The movement in the
    direction of a market-based system with freely
    determined prices, competition, profits, private
    ownership, and other features of capitalism is
    not simple. Discuss some of the challenges
    associated with an economy transitioning from
    socialism to capitalism.

18
ECO 203 EXPERT Leading through innovation
  • ECO 203 Week 5 Final Paper Expansionary Economic
    Policy (Ash Course)
  • FOR MORE CLASSES VISIT
  • www.eco203expert.com
  • Week 5 Final PaperIn an effort to move the
    economy out of a recession, the federal
    government would engage in expansionary economic
    policies.
  • Describe the actions the government would take
    in conducting expansionary fiscal policy and
    expansionary monetary policy.

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ECO 203 EXPERT Leading through innovation/eco203ex
pertdotcom
  • Thank You
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