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For more classes visit www.snaptutorial.com ECO/HC561 Economics in Health Care Week 2 DQs – PowerPoint PPT presentation

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Title: ECO 561Course Success is a Tradition - snaptutorial.com


1
ECO 561Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Final Exam Guide (New) For more classes
visit www.snaptutorial.com 1) Suppose that in the
clothing market, production costs have fallen,
but the equilibrium price and quantity purchased
have both increased. Based on this information
you can conclude that A. the supply of clothing
has grown faster than the demand for clothing B.
demand for clothing has grown faster than the
supply of clothing
3
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Final Exam Guide For more classes
visit www.snaptutorial.com ECO 561 Final Exam
Guide
4
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 1 DQ 1 For more clsses
visit www.snaptutorial.com What kinds of changes
in underlying conditions can cause the supply and
demand curves to shift? Give examples and explain
the direction in which the curves shift.
5
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 1 DQ 2 For more classes
visit www.snaptutorial.com What is price
elasticity? Give examples of five products whose
demand is price elastic, and five products whose
demand is price inelastic and elaborate on the
choices you make.
6
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 1 Economic Choice Economic
Decision Making (2 Papers) For more classes
visit www.snaptutorial.com THIS TUTORIAL CONTAINS
2 PAPERS Consider your last vehicle purchase
and the decision making process you engaged in
while deciding what vehicle to purchase or if a
new vehicle was the right decision. While
analyzing your decision, keep in mind that
everything from the interest rates to the price
of gasoline is driven by the economy in one way
or another.
7
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 1 Individual Assignment Market
Equilibrating Process Paper For more classes
visit www.snaptutorial.com Market Equilibrating
Process Paper Write a 700- to 1,050-word paper
in which you relate the concepts in this week's
readings to a prior real world experience. The
experience does not necessarily have to be work
experience. One note these word count figures
are meant to be a guideline, but feel free to
exceed this if you find it is necessary to
adequately provide relevant details and clarify
important points.
8
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 1 Knowledge Check (Quiz) For more
classes visit www.snaptutorial.com Revenue
increases when 2. An increase in the price
of an inelastic good 3. Price elasticity
of increases when
9
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 2 DQ 1 For more classes
visit www.snaptutorial.com Cost is a big issue
with every company, and changing the technology
is the biggest cost for most companies, how your
company was able to cope with this problem and
maintain the level of profit in a very
competitive market?
10
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 2 DQ 2 For more classes
visit www.snaptutorial.com Among the types of
costs faced by a firm (short-run costs, fixed and
variable, as well as long-run costs), how can
technology help firms to lower their costs? What
are some specific examples of how firms have used
technology to lower costs?
11
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 2 Government Interventions vs.
Market Based Solutions (2 PPT) For more classes
visit www.snaptutorial.com THIS TUTORIAL CONTAINS
2 PPT ECO 561 WEEK 2 GOVERNMENT INTERVENTIONS
VS. MARKET BASED SOLUTIONS The theory of market
economies emphasizes freedom of choice and
limited government intervention. The classic
argument for government intervention is market
failure - the inability of the market economy to
correct itself from a dysfunctional state (such
as the Great Depression).
12
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 2 Individual Assignment Market
Equilibration Process Paper For more classes
visit www.snaptutorial.com Equilibration is the
process of moving between two equilibrium points
as a result of some change in supply or demand.
Understanding how market equilibrium is sought
following such a change is essential for business
managers. It is important to understand how
economic principles, and specifically supply,
demand, and their determents are a part of your
everyday business decisions.
13
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 2 Knowledge Check (Quiz) For more
classes visit www.snaptutorial.com Purely
competitve firms increase total revenue by 2.
What are two ways for a competitve firm to
determine the optimal level of production, that
is, the level of production that will maximize
profit or minimize losses? 3. Suppose that
a firm determines that its marginal revenue is
greater than its marginal cost, it would be
better to
14
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 2 Learning Team Reflection For more
classes visit www.snaptutorial.com ECO 561 Week 2
Learning Team Deliverable The learning
objectives of week 2 were to identify production
level to maximize profits, explain how to balance
fixed and variable costs, and to apply economic
cost concepts in making business decisions.
15
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 2 Team Assignment Learning Team
Project Product Pricing Component (Apple) For
more classes visit www.snaptutorial.com Learning
Team Assignment Learning Team Project Product
Pricing Component Select an organization with
which you are familiar or in which you are
interested that provides a private good or
service. You will want to focus on the same firm
or organization as you work on each Learning Team
Project assignment in this class as you build the
final paper due Week 6.Examples of good firms to
16
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 3 DQ 1 For more classes
visit www.snaptutorial.com Do you think that
competition can be counted on to discipline the
industrial business firms of a modern economy?
Explain.
17
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 3 DQ 2 For more classes
visit www.snaptutorial.com In your industry,
would you support regulation or deregulation and
why or why not?
18
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 3 Knowledge Check (Quiz) For more
classes visit www.snaptutorial.com A purely- or
perfectly-competitive firm would be characterized
by which of the following? 2. For a
purely-competitive firm, price must be 3.
What will excessive or economic profits induce
for a firm in any industry structure?
19
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 3 Learning Team Reflection For more
classes visit www.snaptutorial.com ECO 561 Week
3 Learning Team Reflection/Deliverable The
learning objectives of week 3 were to determine
pricing strategy to meet organizational goals,
determine ways to create non price barriers to
entry based on market structure, determine ways
to increase product differentiation based on
market structure, and to determine ways to reduce
costs for an organization.
20
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 3 Market Structure And Pricing
Power For more classes visit www.snaptutorial.com
ECO 561 WEEK 3 MARKET STRUCTURE AND PRICING
POWER Select a new, realistic good or service
for an existing industry, preferably an industry
you current work in or one in which you are
interested in working. Develop a 1,400-word
evaluation of pricing strategies available
producers of your selected product. This will
include statements about the market structure and
the elasticity of demand for the product, based
on text book principles and real world products
under development.
21
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 3 Team Assignment Market Structures
Simulation (Apple) For more classes
visit www.snaptutorial.com Learning Team
Assignment Market Structures Simulation
Write a 1,050- to 1,400- word paper where you
explain the following in the context of the
simulation. One note these word count figures
are meant to be a guideline, but feel free to
exceed this if you find it is necessary to
adequately provide relevant details and clarify
important points.
22
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 4 DQ 1 For more classes
visit www.snaptutorial.com How does the Federal
Reserve's monetary policy affect your industry's,
or company's growth?
23
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 4 DQ 2 For more classes
visit www.snaptutorial.com How would you evaluate
monetary policy today? Is monetary policy
contradictory with fiscal policy? Why or Why not?
Support your analysis with examples.
24
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 4 Knowledge Check (Quiz) For more
classes visit www.snaptutorial.com Business
cycles occur when output 2. Which of these
statements best describes a complete individual
buisness cycle? 3. During the buisness
cycle, the period between the point at which
output reaches a high and the point at which it
reaches a low is called
25
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 4 Learning Team Project
Macroeconomic Forecast Outline (Apple) For more
classes visit www.snaptutorial.com 1. Learning
Team Assignment Learning Team Project
Macroeconomic Forecast Outline Prepare a brief
outline of the Week 5 Learning Team Project
Macroeconomic Forecast Component in which you
answer the following questions 1. What are the
economic indicators for which you will be
providing forecasts?
26
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 4 Team Assignment Business Cycles,
Economic Shocks, And Restoring Equilibrium For
more classes visit www.snaptutorial.com ECO 561
WEEK 4 TEAM ASSIGNMENT BUSINESS CYCLES, ECONOMIC
SHOCKS, AND RESTORING EQUILIBRIUM As a manager,
it is important to understand how the business
cycle affects supply and demand, prices, and how
economic shocks will impact your company's
markets, supply chain, and financing. The recent
collapse of the housing market, the near failure
of our financial system, the wild swings in
commodity and stock prices, and the deep
recession of 2007-2009 provide a virtual
laboratory for the study of the economic shocks
and stabilization measures taken to
27
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 5 DQ 1 For more classes
visit www.snaptutorial.com How does the Federal
Reserve's monetary policy affect your industry's,
or company's growth?
28
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 5 DQ 2 For more classes
visit www.snaptutorial.com How would you evaluate
monetary policy today? Is monetary policy
contradictory with fiscal policy? Why or Why not?
Support your analysis with examples.
29
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 5 Knowledge Check (quiz) For more
classes visit www.snaptutorial.com The
Classical Theory of Asset Prices assumes which of
the following ideas? 2. Economists use two
principle rates normal and real. The purpose of
this distinction is to 3. During periods
of incresing inflationary pressure, the Federal
Reserve should
30
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 5 Learning Team Project
Macroeconomic Forecast Component (Apple) For more
classes visit www.snaptutorial.com Learning Team
Assignment Learning Team Project Macroeconomic
Forecast Component Include the following in
this paper Identify a list of five
economic indicators which will be the subject of
this paper. In addition to real GDP, the
unemployment rate, and the inflation rate, focus
on at least two of the following
31
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 5 Team Assignment Comparative And
Absolute Advantage For more classes
visit www.snaptutorial.com ECO 561 WEEK 5 TEAM
ASSIGNMENT COMPARATIVE AND ABSOLUTE
ADVANTAGE Develop a 1,750-word analysis of the
international economy in which you do the
following Analyze measures of economic growth,
and comparative and absolute advantage in
international trade for the following
countries USA China
32
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 6 Challenges Of Expansion To A
Foreign Location (2 Papers) For more classes
visit www.snaptutorial.com THIS TUTORIAL CONTAINS
2 PAPERS ECO 561 WEEK 6 CHALLENGES OF EXPANSION
TO A FOREIGN LOCATION Revise your Week 3 economic
analysis using the feedback provided by your
facilitator to evaluate the challenges of
expanding your company's production to a foreign
market. This will require you to revise
previously recommended pricing and non-pricing
strategies for your company's product based on
the selected country's economy's stage in the
business cycle and the projected economic
conditions. Discuss the evidence that supports
your recommendations.
33
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 6 DQ 1 For more classes
visit www.snaptutorial.com How much has the
growth in international trade impacted your
company, or industry? Has the devaluation of the
U.S. dollar impacted your company, or industry?
Explain
34
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 6 Knowledge Check (Quiz) For more
classes visit www.snaptutorial.com If the demand
is QD 100 10P and there is a 1 price
increase, then the elasticity of demand at p 2
is 2. If the absolute value of a demand
elasticity is less than 1, then 3. If the
cross-price elasticity is negative, then the two
goods are
35
ECO 561Course Seek Your Dream / snaptutorial.com
ECO 561 Week 6 Team Assignment (Final), (Apple)
For more classes visit www.snaptutorial.com Lea
rning Team Assignment Complete the Learning
Team Project that contains the following
elements Present the viability of the selected
good or service, considering the demand cost,
market conditions, and economic conditions.
36
ECO 561Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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