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For more course tutorials visit www.uophelp.com. ECO 365 Final Exam Guide (New) 1Because you can only obtain more of one good by giving up some of another.

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Presentation on theme: "For more course tutorials visit www.uophelp.com. ECO 365 Final Exam Guide (New) 1Because you can only obtain more of one good by giving up some of another."— Presentation transcript:

1 For more course tutorials visit www.uophelp.com

2 ECO 365 Final Exam Guide (New) 1Because you can only obtain more of one good by giving up some of another good, the shape of a production possibility curve is You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a ECO 365 Week 4 Differentiating Between Market Structures Paper (New Syllabus),Starbucks

3 ECO 365 Entire Course ECO 365 Week 1 Discussion Question 1 ECO 365 Week 1 Discussion Question 2 ECO 365 Final Exam Guide 1) An economist who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged in ECO 365 Final Exam Guide

4 ECO 365 Week 1 Discussion Question 1 What is economics? What role does economics play in your personal and organizational decisions? Provide an example of the role of economics in decision making. Identify a recent purchase in which the price of the product was an important consideration in the decision-making process related to purchasing the product. ECO 365 Week 1 Discussion Question2

5 ECO 365 Week 1 Individual Assignment Article Analysis Prepare a 1,000-1,500 word paper in which you explain what the difference is between a movement along and shift of the demand curve. Show the impact on the equilibrium price and quantity that results from; (1) an increase in ECO 365 Week 1 Individual Assignment Economic Analysis

6 ECO 365 Week 1 Individual Assignment Supply and Demand Curve Worksheet (2 Sets) This Tutorial contains 2 sets of Worksheet Complete the Supply and Demand Curve worksheet. What is the law of diminishing marginal productivity? How does the law of diminishing marginal productivity affect the cost of productions? Provide an example from your workplace. ECO 365 Week 2 Discussion Question 1

7 ECO 365 Week 2 Discussion Question 2 Why is the demand of labor a derived demand? What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar? What are some factors that determine the level of your income? Explain your answer. Complete the Supply and Demand Simulation located on the student website. Write 700 - 1,050-word paper of no more than summarizing the content. Address the following ECO 365 week 2 Individual Assignment Supply and Demand Simulation (3 Papers)

8 ECO 365 Week 2 Learning Team Reflection Production and Cost Analysis Discuss this week’s objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field. Prepare a 350- to 1,050- word paper detailing the findings of your discussion Reflect on why some products become substitutes and why some are compliments (e.g. hot dogs and hot dog buns). ECO 365 Week 2 Team Assignment Elasticity Paper (Substitute or Compliment)

9 ECO 365 Week 2 Team Assignment Product Substitution Versus Product Compliment ECO 365 Week 2 Team Assignment Substitute vs Compliment What conditions exist when economic profits are maximized? What is the difference between economic and accounting profits? What are economic profit-maximizing strategies that may be made by a perfectly competitive firm, a monopolist firm, and a monopolistic competitive firm? Provide examples and explain the strategies’ effectiveness in their respective market structures. ECO 365 Week 3 Discussion Question 1

10 ECO 365 Week 3 Discussion Question 2 What are some real-life examples of monopolistically competitive, oligopoly, and monopoly markets? Discuss this week’s objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field. ECO 365 Week 3 Learning Team Reflection Summary Market Structure

11 ECO 365 week 3 Team Assignment Current Market Conditions Competitive Analysis (3 Papers) This tutorial contains 3 sets of paper You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will ECO 365 Week 4 Differentiating Between Market Structures Presentation (New Syllabus),Starbucks

12 ECO 365 Week 4 Differentiating Between Market Structures Presentation (New), Apple You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. What is an externality? Provide at least three examples. How does one of the examples you provided affect the market outcome? What is the role of government in addressing the implications of an externality you provided as an ECO 365 Week 4 Discussion Question 1

13 ECO 365 Week 4 Discussion Question 2 What effect do government intervention, taxation, and regulations have on economic behavior? Explain. What are real-world examples of government intervention, taxation, and regulations? What are the goals of each? For this assignment, you will choose from the following options: o Option 1: Differentiating Between Market Structures in Kudler ECO 365 Week 4 Individual Assignment Differentiating Between Market StructuresTable

14 ECO 365 Week 4 Learning Team Reflection Public Policy in Economics Discuss this week’s objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field. This Tutorial Contains 2 sets of papers Learning Team Assignment – Week 4 ECO 365 Week 4 Team Assignment Mergers and Joint Ventures (2 Papers)

15 ECO 365 week 5 Team Assignment Competitive Strategies and Government Policies (3 Papers) This Tutorial contains 3 sets of papers

16 For more course tutorials visit www.uophelp.com


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