XECO 212 MASTER Empowering and Inspiring/xeco212master.com

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Entire Course FOR MORE CLASSES VISIT www.xeco212master.com   XECO 212 Week 1 CheckPoint A New House Readiness XECO 212 Week 1 Discussion Question 1 & 2 XECO 212 Week 2 Assignment Supply and Demand Paper XECO 212 Week 2 CheckPoint Price Elasticity and Supply and Demand Short Answer Quiz XECO 212 Week 3 CheckPoint Historical Example of Labor Supply and Demand

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 1 CheckPoint A New House Readiness FOR MORE CLASSES VISIT www.xeco212master.com   CheckPoint: A New House – Readiness Deciding to buy a house is a lifelong goal for many people. Imagine that you are renting a studio apartment and have just discovered you are having a baby. Your present apartment is small and far from schools and local services. You have decided to move. There are many factors that come into play when making such a large and weighty purchase.

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 1 Discussion Question 1 and 2 FOR MORE CLASSES VISIT www.xeco212master.com   Discussion Questions  DQ 1 Locate recent articles in the New York Times or Wall Street Journal in which economists are quoted using positive and normative statements. Provide one quote and its context for both a positive and normative statement. DQ 2 Select a good that you are familiar with. What are the factors that shift the demand curve for this good? What are the factors that shift the supply curve for this good?

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 2 Assignment Supply and Demand Paper FOR MORE CLASSES VISIT www.xeco212master.com   Assignment: Supply and Demand Paper  Choose one good with which you have had experience purchasing:  New home New car Vacation to a theme park Washing machine Computer

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 2 CheckPoint Price Elasticity and Supply and Demand Short Answer Quiz FOR MORE CLASSES VISIT www.xeco212master.com   CheckPoint: Price Elasticity and Supply and Demand Short Answer Quiz        Complete the Price Elasticity and Supply and Demand Short Answer Quiz in Appendix B. Post your completed chart as an attachment.

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 3 CheckPoint Historical Example of Labor Supply and Demand FOR MORE CLASSES VISIT www.xeco212master.com   CheckPoint: Historical Example of Labor Supply and Demand         Submit a 250- to 300-word response addressing one of the following historical events in terms of labor supply and demand: the Great Depression, the Luddite Revolt, the Black Death, or the technology boom of the 1990s. Include the following:  What was the impact on the supply and demand of labor on one sector of the labor market?

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 3 Discussion Question 1 and 2 FOR MORE CLASSES VISIT www.xeco212master.com   Discussion Questions  DQ 1 Why do some workers make more money than others? Must everyone make the same wage? Explain your answers using labor market equilibrium  DQ 2 Imagine that you are a business owner. Choose whether to hire a new person in the marketing department or upgrade your computer system. Each choice requires the same amount of investment.

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 4 Assignment Maximizing Profits in Market Structures Paper FOR MORE CLASSES VISIT www.xeco212master.com   Assignment: Maximizing Profits in Market Structures Paper       Consider competitive markets, monopolies, and oligopolies. What role does each of these play in an economy? Write a 1,050- to 1400-word paper on Market Structures and Maximizing Profits. Address the following: What are the characteristics of each market structure?

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 4 CheckPoint Market Structures Table and Questions FOR MORE CLASSES VISIT www.xeco212master.com   CheckPoint: Market Structures Table and Questions   Complete the Market Structures Table and Questions in Appendix C. Post your completed table and questions as an attachment.

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 5 CheckPoint A New House Risks and Benefits FOR MORE CLASSES VISIT www.xeco212master.com   CheckPoint: A New House – Risks and Benefits   The government and the fiscal policy it implements play a large role in the housing market. In this CheckPoint, you examine how government policy has consequences for you and the decision to buy a house. This helps you consider situations and alternative decisions in your final project. 

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 5 Discussion Question 1 and 2 FOR MORE CLASSES VISIT www.xeco212master.com   Discussion Questions DQ 1 What is the relationship between GDP and the business cycle? How can you use information about the business cycle when making a decision about a large purchase  DQ 2 What is inflation? How do interest rates affect inflation? What are the different types of unemployment? Which of these has the most impact on the economy? Explain. 

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 6 Assignment Money Train Multimedia Activity FOR MORE CLASSES VISIT www.xeco212master.com   Assignment: Money Train Multimedia Activity                  Compete the Money Train Multimedia Activity. Post your three responses as an attachment.

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 6 CheckPoint Money FOR MORE CLASSES VISIT www.xeco212master.com   CheckPoint: Money       Submit a 250- to 300-word response addressing the following points: Money acts as a unit of account, medium of exchange, or a store of value. Describe each of these different functions. Provide an example of your use of money in each of these different functions.

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 7 CheckPoint A New House Economy FOR MORE CLASSES VISIT www.xeco212master.com   CheckPoint: A New House – Economy The difficulties of the economy affect many of the decisions you make as a consumer. No more so than when you are buying a house. The health of the economy is a factor you must consider when buying a house. Sometimes the economy favors sellers and at other times it favors buyers. This CheckPoint helps you refine your decision to buy a house

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 7 Discussion Question 1 and 2 FOR MORE CLASSES VISIT www.xeco212master.com   Discussion Questions  DQ 1 How does the federal government implement its fiscal policies? Given economic conditions today, do you suggest expansionary fiscal policy or contractionary fiscal policy? DQ 2 Assume the government is running a budget deficit. Should the government raise taxes to balance the budget? Should the government decrease spending to balance the budget?

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 8 Assignment International Trade Simulation FOR MORE CLASSES VISIT www.xeco212master.com   Assignment: International Trade Simulation      Complete the International Trade Simulation. Write a 1,050- to 1,250-word report advising the President of Rodamia making recommendations for international trade. Address the following:  List at least one advantage and one limitation of international trade you encountered in the simulation.

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 8 CheckPoint International Trade Debate FOR MORE CLASSES VISIT www.xeco212master.com   CheckPoint: International Trade Debate Post a 250- to 300-word response to the following debate topic: The United States must place high tariffs and use quotas to restrict trade with foreign countries. Consider the following issues: The strength of the dollar on domestic and global economies Benefits from tariffs or quotas

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 9 Capstone DQ FOR MORE CLASSES VISIT www.xeco212master.com   Capstone Discussion Question In your own words, using the 10 Principles of Economics outlined in Ch. 1 of Mankiw’s Principles of Economics, prepare a 200- to 300-word response to the following questions: How can each of the 10 principles be applied in an example or experience with which you are familiar? How do you intend to use your newfound knowledge in future economic decisions?

XECO 212 MASTER Empowering and Inspiring/xeco212master.com XECO 212 Week 9 Final Project A New House Decision FOR MORE CLASSES VISIT www.xeco212master.com   Final Project: A New House – Decision      Review the final project criteria in Appendix A.  Write a 1,750- to 2,450-word word paper in which you decide whether to purchase a house.  Discuss which principles of economics directly relate to your purchasing decision.

XECO 212 MASTER Empowering and Inspiring/xeco212master.com