ECO 561 Experience Tradition/newtonhelp.com

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ECO 561 Experience Tradition/newtonhelp.com
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ECO 561 Experience Tradition/newtonhelp.com

• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• This Tutorial contains 2 Papers for each
  Assignment
•  
• ECO 561 Final Exam Guide (New, 2017) (Score
  29/30)
•  
• ECO 561 Week 1 Assignment Influence of Economics
  on Household Decision (2 Papers)
•  
• ECO 561 Week 2 Assignment Government
  Interventions (Bailout of U.S. auto makers)
•  
• ECO 561 Week 2 Government Interventions vs.
  Market Based Solutions (2 PPT)
•  

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ECO 561 Experience Tradition/newtonhelp.com

• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• This Tutorial contains 2 Papers for each
  Assignment
•  
•  
•  
• ECO 561 Week 1 Assignment Influence of Economics
  on Household Decision (2 Papers)
•  
• ECO 561 Week 2 Assignment Government
  Interventions (Bailout of U.S. auto makers)
•  
• ECO 561 Week 2 Government Interventions vs.
  Market Based Solutions (2 PPT)
•  

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ECO 561 Experience Tradition/newtonhelp.com

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•  
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• ECO 561 Final Exam Guide (New, 2017) (Score
  29/30)
•  
•  
• 1 Which of the following have substantially
  equivalent effects on a nation's volume of
  exports and imports??
•  
• ?Exchange rate appreciation and domestic
  deflation
• ?Exchange rate depreciation and domestic
  inflation
• ?Exchange rate appreciation and a decrease in the
  domestic supply

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• 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

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• 1) In a market economy the distribution of output 
  will be determined primarily by 
• A. a social consensus as to what distribution of i
  ncome is most equitable. B. 
• consumer needs and preferences. C. the quantities 
  and prices of the resources 
• that households supply. D. government regulations 
  that provide a minimum 
• income for all. 
• 2) In a competitive market economy firms will sele
  ct the least-cost production 
• technique because A. "dollar voting" by consumers
   mandates such a choice. B. such 
• choices will result in the full employment of avai
  lable resources. C. to do so will 
• maximize the firms' profits. D. this will prevent 
  new firms from entering the 

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ECO 561 Experience Tradition/newtonhelp.com

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•  
•  
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• This Tutorial contains 2 Papers
• 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 make, model, or brand
  of the product (or service) you purchased and
  whether it was the right time to make the
  purchase given economic conditions at the time of
  your purchase. While analyzing your decision,
  keep in mind everything from interest rates to
  the prices of complementary and substitute goods
  are driven by human economic behavior. 
• Develop a minimum 1,050-word analysis of your
  decision-making process in which you include the
  following
• Retrieve statistics on Real Gross Domestic
  Product (GDP) and on Real Personal Consumption
  Expenditures (PCE) by year for the last ten
  years. You can retrieve those statistics from
  internet sources including, but not limited to,
  the Federal Reserve of St. Louis's FRED web site,
  the U.S. Department of Commerce's Bureau of
  Economic Analysis (BEA) web site, or another
  credible source of your choice. Post these
  statistics in a single worksheet of an
  Excel workbook and submit your Excel file with
  your report. In your report,

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• 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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• 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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• 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). Students
  will examine articles from the University library
  to

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ECO 561 Experience Tradition/newtonhelp.com

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•  
•  
•  
• 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). Students
  will examine articles from the University library
  to analyze real-world examples of U.S. government
  intervention programs and apply current week
  readings to make intelligent conclusions about
  the economic policies.

12
ECO 561 Experience Tradition/newtonhelp.com

• For more course tutorials visit
• www.newtonhelp.com
•  
•  
•  
• 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). Students
  will examine articles from the University library
  to analyze real-world examples of U.S. government
  intervention programs and apply current week
  readings to make intelligent conclusions about
  the economic policies.
•  
• Examples of intervention programs you may select,
  but are not limited

13
ECO 561 Experience Tradition/newtonhelp.com

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•  
•  
•  
• 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). Students
  will examine articles from the University library
  to analyze real-world examples of U.S. government
  intervention programs and apply current week
  readings to make intelligent conclusions about
  the economic policies.

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ECO 561 Experience Tradition/newtonhelp.com

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• 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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• 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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•  
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• 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. 

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ECO 561 Experience Tradition/newtonhelp.com

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• 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 competition and its impact on your firm's
  future in the market. Hints Be sure you review
  the barriers to entry discussed in the course
  text. You might consider presenting the data
  graphically.

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ECO 561 Experience Tradition/newtonhelp.com

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•  
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• 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.

19
ECO 561 Experience Tradition/newtonhelp.com

• For more course tutorials visit
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•  
•  
•  
• 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

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ECO 561 Experience Tradition/newtonhelp.com

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• 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 Experience Tradition/newtonhelp.com

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• In your industry, would you support regulation or
  deregulation and why or why not?

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ECO 561 Experience Tradition/newtonhelp.com

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• 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.

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• This Tutorial contains Presentations
•  
•  
• Purpose of Assignment 
• In this week, students are learning about
  managing different types of economic costs.
  Organizations typically have either high fixed
  costs or low fixed costs, and it is important to
  understand how business decisions differ in
  organizations with high fixed costs from
  organizations with low fixed costs. 

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• This Tutorial contains 2 Presentation
•  
• ECO 561 Week 4 Assignment Inflation and Analyses
  of Monetary Policies

25
ECO 561 Experience Tradition/newtonhelp.com

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• This Tutorial contains 2 Papers
•  
• Inflation and Analyses of Monetary Policies
• Purpose of Assignment 
• This assignment will introduce students to the
  U.S. Department of Labor's Bureau of Labor
  Statistics (BLS) data and provide students with
  the skills to calculate inflation and interpret
  the Consumer Price Index (CPI). Note The BLS is
  the primary source of information on inflation,
  but their data is re-posted in other sources,
  such as the St.

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ECO 561 Experience Tradition/newtonhelp.com

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• How does the Federal Reserve's monetary policy
  affect your industry's, or company's growth? 

27
ECO 561 Experience Tradition/newtonhelp.com

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• 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 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

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• This Tutorial contains 2 Presentations
•  
• Purpose of Assignment 
• This assignment addresses how both monetary and
  fiscal policies have been used during the
  so-called Great Recession, which began in
  December 2007 and ended in June 2009, to the
  present to moderate the business cycle. 
• Assignment Steps 

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• How does the Federal Reserve's monetary policy
  affect your industry's, or company's growth?

31
ECO 561 Experience Tradition/newtonhelp.com

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•  
•  
•  
• How would you evaluate monetary policy today?  Is
  monetary policy contradictory with fiscal policy?
  Why or Why not?  Support your analysis with
  examples.

32
ECO 561 Experience Tradition/newtonhelp.com

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• 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

33
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• THIS TUTORIAL CONTAINS 2 PAPERS
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• 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

34
ECO 561 Experience Tradition/newtonhelp.com

• For more course tutorials visit
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•  
•  
•  
•  
• 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

35
ECO 561 Experience Tradition/newtonhelp.com

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•  
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•  
•  
• 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 Experience Tradition/newtonhelp.com