ECO 561 MART Inspiring Minds/eco561mart.com

1
ECO 561 MART Inspiring Minds/eco561mart.com

• For more course tutorials visit
• www.eco561mart.com

2
ECO 561 Assignment Influence of Economics on
Household Decision (1000 words) FOR MORE
CLASSES VISIT www.eco561mart.com Purpose of
Assignment To locate, retrieve, and evaluate the
effects of macroeconomic indicators on your own
decision making. Assignment Steps Resources
Tutorial help on Excel and Word functions can be
found on the Microsoft Office website. There are
also additional tutorials via the web offering
support for Office products. Scenario Consider
your last big purchase such as a car, appliances,
home repairs, home purchase, computer equipment,
college tuition, or another "big-ticket" item,
which are often purchased using loans/financing
(by borrowing money). Also consider your
decision-making process that led you to choose a
particular
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ECO 561 Assignment Research Analysis for
Business (Starbucks) FOR MORE CLASSES
VISIT www.eco561mart.com Research Analysis for
Business Scenario Imagine you are a business
consultant to a Business. You have been asked to
analyze, advise, and create recommendations on
how the firm can ensure its future success in its
current market. Prepare a minimum 1,050-word
analysis of economic data and business data to
explain how the core economic principles impact
the sustainability of the firm and what actions
the firm can take to ensure success. Address the
following Identify the market structure your
chosen firm operates in, analyze your chosen
firm's current market share, and identify the
firm's local/global competitors. Analyze the
barriers to entry in this market to illustrate
the potential for new c
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ECO 561 Final Exam Guide (New) FOR MORE CLASSES
VISIT www.eco561mart.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 C. the supply of and demand
for clothing have grown by the same proportion D.
there is no way to determine what has happened to
supply and demand with this information 2)
Camille's Creations and Julia's Jewels both sell
beads in a competitive market. If at the market
price of 5, both are running out of beads to
sell (they can't keep
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ECO 561 Week 1 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.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. 
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ECO 561 Week 1 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.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.
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ECO 561 Week 1 Economic Choice Economic
Decision Making (2 Papers) FOR MORE CLASSES
VISIT www.eco561mart.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.
Develop a 1,400-word analysis of your
decision-making process in which you include the
following Discuss the role of the interest rate
and the cost of financing on your purchase
decision. Interest rates are derived from the
supply and demand for money and the actions of
the Federal Reserve System.
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ECO 561 Week 1 Individual Assignment Market
Equilibrating Process Paper FOR MORE CLASSES
VISIT www.eco561mart.com We have another paper
on  Market Equilibration Process Paper with
different course description which could be found
on this link  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.
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ECO 561 Week 1 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561mart.com 1.      Revenue
increases when   2.      An increase in the price
of an inelastic good   3.      Price elasticity
of demand increases when   4.      The purpose of
a market in a market system is to   5.      By
specializing in the production of one good, a
company is able to benefit from economics of
scale which increases its revenue. Which of the
following is an attribute of specialization?  
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ECO 561 Week 2 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.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?  
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ECO 561 Week 2 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.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?
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ECO 561 Week 2 Government Interventions vs.
Market Based Solutions (2 PPT) FOR MORE CLASSES
VISIT www.eco561mart.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). Examine one case of
significant government intervention as it relates
to your current industry of employment or an
industry in which you are interested in working.
Examples of intervention programs include, but
are not limited to
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ECO 561 Week 2 Individual Assignment Market
Equilibration Process Paper FOR MORE CLASSES
VISIT www.eco561mart.com We have another paper
on Market Equilibration Process Paper with
different course description which could be found
on this link  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.
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ECO 561 Week 2 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561mart.com 1.      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   4.      It is profitable for a firm
to continue employing additional resources as
long as  
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ECO 561 Week 2 Learning Team Reflection FOR
MORE CLASSES VISIT www.eco561mart.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.  
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ECO 561 Week 2 Team Assignment Learning Team
Project Product Pricing Component (Apple) FOR
MORE CLASSES VISIT www.eco561mart.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
use as a subject include Southwest Airlines (a
very successful airline), Ford (they have not
declared bankruptcy), Pulte (a successful
homebuilder with a historical track record),
Whirlpool (their performance is very dependent on
the economy), Caterpillar, Microsoft, Apple
Computer, etc.
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ECO 561 Week 3 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.com Do you think that
competition can be counted on to discipline the
industrial business firms of a modern economy?
Explain. 
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ECO 561 Week 3 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.com In your industry,
would you support regulation or deregulation and
why or why not?
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ECO 561 Week 3 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561mart.com 1.      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?   4.      A pure-monopoly firms
demand curve is also the market demand curve.
This kind of firm may successfully engage in
price discrimination to increase its total profit
if it  
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ECO 561 Week 3 Market Structure And Pricing
Power FOR MORE CLASSES VISIT www.eco561mart.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. Identify the market structure
of the industry (monopoly, oligopoly, competitive
monopoly). Determine elasticity of demand for
various quality ranges of the product based on
textbook th
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ECO 561 Week 3 Team Assignment Market Structures
Simulation (Apple) FOR MORE CLASSES
VISIT www.eco561mart.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.   Create a solution using strategic
variables available to you to sustain the
economic profits the firm can earn.
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ECO 561 Week 4 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.com How does the Federal
Reserve's monetary policy affect your industry's,
or company's growth? 
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ECO 561 Week 4 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.com How would you evaluate
monetary policy today?  Is monetary policy
contradictory with fiscal policy? Why or Why
not?  Support your analysis with examples.
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ECO 561 Week 4 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561mart.com 1.      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   4.      Which of the
following equals the market value of all final
goods and services produced in an economy, stated
in the prices of a specific base year?  
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ECO 561 Week 4 Learning Team Project
Macroeconomic Forecast Outline (Apple) FOR MORE
CLASSES VISIT www.eco561mart.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? 2. It is important to evaluate the
historical relationship between variables in
order to explain how one indicator or variable
may impact another. With this in mind, what
sources will you use to obtain historical data
for the economic indicators that you have
selected?
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ECO 561 Week 4 Team Assignment Business Cycles,
Economic Shocks, And Restoring Equilibrium FOR
MORE CLASSES VISIT www.eco561mart.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 restore
equilibrium. Create a 1,400-word analysis based
on the team's assigned market in which you
include the following
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ECO 561 Week 5 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.com How does the Federal
Reserve's monetary policy affect your industry's,
or company's growth? 
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ECO 561 Week 5 DQ 2 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.com How would you evaluate
monetary policy today?  Is monetary policy
contradictory with fiscal policy? Why or Why
not?  Support your analysis with examples.
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ECO 561 Week 5 Knowledge Check (Quiz) FOR MORE
CLASSES VISIT www.eco561mart.com 1.      The
Classical Theory of Asset Prices assumes which of
the following ideas?   2.      Economists use two
principle interest rates normal and real. The
purpose of this distinction is to   3.    
 During periods of incresing inflationary
pressure, the Federal Reserve should   4.    
 What is the increased morak hazard associated
wuth the too big to fall (TBTF) ballouts of the
largest of financial institutions?  
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ECO 561 Week 5 Learning Team Project
Macroeconomic Forecast Component (Apple) FOR MORE
CLASSES VISIT www.eco561mart.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 A key interest rate (I
suggest the 10-year Treasury rate) Housing
starts
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ECO 561 Week 5 Team Assignment Comparative And
Absolute Advantage (2 Papers) FOR MORE CLASSES
VISIT www.eco561mart.com This Tutorial contains 2
Papers 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 Saudi Arabia
Democratic Republic of Congo Research each
country, using such resources as the CIA World
Fact Book, World Bank data, and World Trade
Organization. Research its economic, political,
and cultural development. Compare the following
using tables or graphs, for most recent year
available and for 2009 (the trough of the last
economic cycle)
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ECO 561 Week 6 Challenges Of Expansion To A
Foreign Location (2 Papers) FOR MORE CLASSES
VISIT www.eco561mart.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. Select a foreign market in
which to expand your chosen product. Write a
1,750-word paper (including any material y
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ECO 561 Week 6 DQ 1 (UOP) FOR MORE CLASSES
VISIT www.eco561mart.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. 
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ECO 561 Week 6 Knowledge Check (Quiz) FOR
MORE CLASSES VISIT www.eco561mart.com 1. 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 4. Under perfect competition, a firm
maximizes its profit by setting 5. In a large
city, a good, real-world example for perfect
competition would be 6. A firm under monopolistic
competition will earn
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ECO 561 Week 6 Team Assignment (Final),
(Apple) FOR MORE CLASSES VISIT www.eco561mart.com
Learning Team Assignment International Paper  
      Resources The data compiled from the
University of Phoenix Material Big Drive Auto
in Week Four (or the material from your own
organization in which you faculty member has
approved)          Write a 700- to 1,050- word
paper addressing the following issues in the
context of the scenario o        Identify and
justify the macroeconomic measures of output and
prices which you have selected for Big Drive
Autos planning. o        What are the
relationships between the organizations data and
the macroeconomic measures you have selected?
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ECO 561 MART Inspiring Minds/eco561mart.com

• For more course tutorials visit
• www.eco561mart.com