ADM 614 Experience Tradition/newtonhelp.com

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ADM 614 Experience Tradition/newtonhelp.com
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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 1 Discussion 1 Tradeoffs
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• ADM 614 Topic 1 Discussion 1 Tradeoffs
•  
• The economic way of thinking requires
  administrators to incorporate eight principles.
  One of the principles relates to tradeoffs and
  another principle relates to opportunity costs
  for scarce resources. Describe how public
  administrators must make trade-offs by assessing
  opportunity costs relating to scarce resources.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 1 Discussion 2 Scarcity And Poverty
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• ADM 614 Topic 1 Discussion 2 Scarcity And Poverty
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• Explain how scarcity and poverty are different.
  Give examples to support your reasoning.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 2 Discussion 1 Public Budgets And
  Public Needs
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• ADM 614 Topic 2 Discussion 1 Public Budgets And
  Public Needs
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• Assess discrepancies between public budgets and
  public needs. Explain the relationship between
  the public budget and the demand for public goods.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 2 Discussion 2 Scarce Resources
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• ADM 614 Topic 2 Discussion 2 Scarce Resources
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• Markets and government both allocate scarce
  resources. Please explain how government adjusts
  market outcomes though subsidies and whether
  Pareto efficiencies are achieved. Discuss the
  role of subsidies in the Affordable Care Act as
  explained in the assigned article How
  Millionaires Get Obamacare Subsidies Intended to
  Aid the Poor by Managan.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 3 Discussion 1 Government Failure
  And Market Failure
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• ADM 614 Topic 3 Discussion 1 Government Failure
  And Market Failure
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• Explain the difference between government failure
  and market failure. Discuss the role of
  government in a market economy to address market
  failure.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 3 Discussion 2 Economic Efficiency
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• ADM 614 Topic 3 Discussion 2 Economic Efficiency
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• Economic efficiency is how economists assess the
  desirability of outcomes. Discuss the two
  requirements for efficiency in a market economy.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 4 Discussion 1 Impacts Of
  Monopolies On The Economy
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• ADM 614 Topic 4 Discussion 1 Impacts Of
  Monopolies On The Economy
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• Monopolies are good for producers but not
  consumers. Differentiate between the positive and
  negative impacts of monopolies on the economy.
  Discuss why or why not monopolies are bad for the
  economy?
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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 4 Discussion 2 Three Types Of
  Unemployment
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• ADM 614 Topic 4 Discussion 2 Three Types Of
  Unemployment
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• Compare and contrast the three types of
  unemployment. Discuss how these three types of
  unemployment demystify a common myth that
  unemployment would not exist if the economy were
  operating efficiently.
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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 5 Discussion 1 Flow Of Money And
  Income
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• ADM 614 Topic 5 Discussion 1 Flow Of Money And
  Income
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• Discuss the circular flow of money and income
  through the four basic markets of (a) goods and
  services, (b) resource markets, (c) loanable
  fund, and (d) foreign exchange. Identify a key
  factor related to the flow of money and income in
  two of the four identified markets.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 5 Discussion 2 Market Crisis
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• ADM 614 Topic 5 Discussion 2 Market Crisis
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• Read special Topic 5 (page 610) regarding the
  market crisis of 2008. Explain what caused the
  recession. Discuss how the economy reacted to the
  2008 market crisis and continues to react to its
  impacts. Explain how you might prevent this type
  of problem from reoccurring. Support your
  response with research.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 6 Discussion 1 Keynesian Model
  Budget Deficits
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• ADM 614 Topic 6 Discussion 1 Keynesian Model
  Budget Deficits
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• Explain what a budget deficit is. Describe how
  under the Keynesian model budget deficits
  increase aggregate demand.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Topic 6 Discussion 2 Economic Recovery
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• ADM 614 Topic 6 Discussion 2 Economic Recovery
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• Evaluate whether or not fiscal stimulus will
  increase or decrease economic recovery. Explain

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Week 1 Private Ownership and Markets
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• ADM 614 Week 1 Private Ownership and Markets
•  
• Details
•  
• Read the case study on page 27 Protecting
  Endangered Species with Private Property Rights.
  Write an essay 1,000-1,250 words, answering the
  following questions

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Week 2 Supply and Demand
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• ADM 614 Week 2 Supply and Demand
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• Details
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• Create a Paper discussing supply and demand in
  the public sector. Include the following
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• Choose an economist discussed in Chapters 3-4 and
  explain that philosophers market theory.
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• Explain demand theory. Discuss factors that cause
  changes in demand and quantity demanded.
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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Week 3 Public Goods and Collective Action
  in the public Sector
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• Public Goods and Collective Action in the public
  Sector 
• Details
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• Write an essay of 1,000-1,250 words regarding
  public goods. 
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• Include the following
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• Explain what a public good is.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Week 4 Economic Growth and Market
  Dynamics
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• ADM 614 Week 4 Economic Growth and Market
  Dynamics
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• Details
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• Create a Essay on discussing Economic Growth and
  Market Dynamics. Include the following
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• What is GDP and how is it measured?
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• Evaluate the validity of using GDP as a measure
  of economic output.

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ADM 614 Experience Tradition/newtonhelp.com

• ADM 614 Week 8 The Future of the Public Sector of
  the Economy
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• ADM 614 Week 8 The Future of the Public Sector of
  the Economy
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• Details
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• Create a Essay on discussing the future of the
  Public sector of the Economy. Include the
  following
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ADM 614 Experience Tradition/newtonhelp.com