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ASHFORD ECO 203 Week 1 DQ 1 Economics Systems
(New) For more course tutorials
visit www.tutorialrank.com 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. Guided Response Review and respond to
at least two of your classmates posts by
replying to their posts on how a college
education contributes to human capital and the
opportunity cost of a degree. Be sure to refer to
concepts found in the reading when responding to
your classmates.
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ASHFORD ECO 203 Week 1 DQ 2 Role of Government
(New) For more course tutorials
visit www.tutorialrank.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. The United
States economy is a mixed economy, with a bias
towards market allocation of resources. This
means most resources are allocated in the private
sector by way of markets.
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ASHFORD ECO 203 Week 1 Quiz (New) For more course
tutorials visit www.tutorialrank.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? 4.
Question When a firm decides to replace
some workers with robots in its production
process, it is making a decision about one of the
basic economic questions. Which one?
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ASHFORD ECO 203 Week 2 DQ 1 The Current State of
the Economy and Unemployment (New) For more
course tutorials visit www.tutorialrank.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. A change in the amount
of new production affects employment. Describe
what would happen to GDP, the unemployment rate
and the inflation rate if there is a decline in
aggregate demand.
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ASHFORD ECO 203 Week 2 DQ 2 Who Benefits and Who
Loses from Inflation ? (New) For more course
tutorials visit www.tutorialrank.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.
Reference Chapter 4, section 4.3 Gainers and
Losers from Inflation.
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ASHFORD ECO 203 Week 2 Quiz (New) For more course
tutorials visit www.tutorialrank.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, then 5. Question
The turning points of the business cycle are
called 6. Question As an economy
recovers from a trough in the business cycle, 7.
Question Short-term unemployment
while searching for a new job is called
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ASHFORD ECO 203 Week 3 Assignment Efforts to
Reduce the Budget Deficit (New) For more course
tutorials visit www.tutorialrank.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 page paper, formatted
according to APA style as outlined in your
approved style guide, discussing the actions
taken by the Congress since 1985 to reduce the
budget deficits.
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ASHFORD ECO 203 Week 3 DQ 1 Government Fiscal
Policy (New) For more course tutorials
visit www.tutorialrank.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 promote growth and employment. Support your
ideas with concepts found in the assigned
reading. Include the following in your response
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ASHFORD ECO 203 Week 3 DQ 2 Budget Deficits and
the National Debt (New) For more course tutorials
visit www.tutorialrank.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.) In
your post, differentiate the budget deficit from
the national debt. How do you think the increases
in the budget deficits and the national debt will
affect the economy in the future?
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ASHFORD ECO 203 Week 3 Quiz (New) For more course
tutorials visit www.tutorialrank.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 5. Question The measured deficit
would be larger if 6. Question Opponents of
discretionary fiscal policy believe that it 7.
Question Keynes blamed economic downturns
primarily on 8. Question Keynes argued that
planned saving was 9. Question A structural
deficit
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ASHFORD ECO 203 Week 4 DQ 1 Federal Reserve Bank
Policy during the 2007-2008 Recession (New) For
more course tutorials visit www.tutorialrank.com F
ed 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. Discuss the some of the actions
that the Fed took during this period. Such
as How the Federal Reserves lending practices
changed during this period. What did the Federal
Reserve do to support firms deemed too big to
fail.
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ASHFORD ECO 203 Week 4 DQ 2 The Effect of Bank
Lending on the Economy (New) For more course
tutorials visit www.tutorialrank.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 when interest rates are
low and potential borrowers look risky. This is
known as a credit crunch. Explain how a credit
crunch affects economic growth. Specifically,
answer these questions in your post How does a
credit crunch affect consumer spending and
business investment? How does a credit crunch
affect aggregate demand, GDP, and unemployment?
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ASHFORD ECO 203 Week 4 Quiz (New) For more course
tutorials visit www.tutorialrank.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 its
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ASHFORD ECO 203 Week 5 DQ 1 Foreign Direct
Investment (New) For more course tutorials
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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. Identify
some of the benefits and some of the costs to the
host country from allowing a multinational
corporation to locate in a country with a
developing economy. Discuss with your classmates
if developmental assistance from world
developmental agencies, such as the World Bank or
the United Nations, would be preferable to
private investment.
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ASHFORD ECO 203 Week 5 DQ 2 Economies in
Transition (New) For more course tutorials
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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.
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ASHFORD ECO 203 Week 5 Final Paper Expansionary
Economic Policy (New) For more course tutorials
visit www.tutorialrank.com In 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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The Best way to predict the Future is to create
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