ECO 205 Week 9 Final Project Industry Research Completion

ECO 205 Week 9 Final Project Industry Research Completion

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1.    Final Project: Industry Research Completion

Due Date:  Day 7 (Individual forum)

·         Write a 1,750- to 2,450-word paper that provides an economic profile of the industry you have researched.  Use the research that you have already compiled through the Industry Research Checkpoint to help complete the paper. In your paper, discuss how the following affect the industry.

o   Shifts and price elasticity of supply and demand

o   Positive and negative externalities

o   Wage inequality

o   Monetary and fiscal policies

Use two sources for each topic for a total of eight sources.  These sources should come from your Checkpoints.

·         Conclude your paper with final thoughts on the following:

o   How the economy affects the success of your chosen industry

o   Economic influences that can affect the industry in a negative way

·       Format your paper according to APA standards.

·       Post your paper as an attachment.

Discussion Questions

Discussion question responses will not count towards the class participation requirement and will be evaluated separately.

Only posts in the Main classroom forum will count towards your class participation score.

ECO 205 Week 9 capstone DQ

ECO 205 Week 9 capstone DQ

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1.    Capstone Discussion Question 

Due Date:  Day 3 (Main forum) Minimum of 200 words

·         What are the most important concepts you have learned in this course? How can you apply them to your life? What difference can these concepts or tools make in your everyday life?

ECO 205 Week 8 Federal Reserve, Banking, and Inflation

ECO 205 Week 8 Federal Reserve, Banking, and Inflation

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1.    Assignment: Federal Reserve, Banking, and Inflation

Due Date:  Day 7 (Individual forum)

·         Resources: Ch. 29 & 30 of Principles of Economics, “Fed Official Expects Growth,” and “Are Inflation Expectations Rising from the Ashes?”

·         Read the articles “Fed Official Expects Growth” at http://pittsburghlive.com/x/tribune-review/business/s_385893.html,and “Are Inflation Expectations Rising from the Ashes?” at http://research.stlouisfed.org/publications/mt/20051101/cover.pdf.

·         Create a Microsoft^© PowerPoint^® presentation with 10 to 12 slides addressing the following questions:

o   Why was the Federal Reserve created? What are its essential functions?

o   Who are the decision makers of the Federal Reserve? How do these people obtain these positions?

o   How does the Federal Reserve control the monetary system? Specifically, what tools does the Fed have to use?

o   How do banks increase the money supply?

o   How is inflation measured?

o   What are the causes of inflation?

o   Are natural disasters causes of inflation or deflation? Where might the public see the evidence?

o   What are the costs of inflation?

o   Why is inflation so widely feared?

·         Include detailed speaker’s notes.

·         Format your Presentation using APA guidelines.

Post your presentation as a Microsoft^® PowerPoint^® attachment.

ECO 205 Week 8 CheckPoint Industry Research Part IV (appendix B)

ECO 205 Week 8 CheckPoint Industry Research Part IV (appendix B)

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1.    CheckPoint: Industry Research Part IV

Due Date:  Day 4 (Individual forum)

·         Research monetary and fiscal policies that have affected your chosen industry.

·         Locate two sources and summarize the articles to help you answer the following questions about the industry you chose:

o   How have these policies affected the employment rates for your chosen industry?

o   How have these policies affected the growth of the industry?

o   How have these policies affected the prices of the product the industry produces?

·         Organize your research for this week using the annotated bibliography template in Appendix B.

·         Include APA-formatted references and a summary of the major points in the articles or Web sites.

·         Post Appendix B as an attachment.

ECO 205 week 7 DQ 1 and DQ 2

ECO 205 week 7 DQ 1 and DQ 2

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1.    Discussion Question (Main forum)

Due Date:  Day 2

·         Post a response to the following:  The Gross Domestic Product is a very important measure of how well the economy is doing.  How is the GDP calculated? What are the three ways in measuring GDP? Define final good and intermediate good and give an example of each.

2.    Discussion Question 2 (Main forum)

Due Date:  Day 4

·                Post a response to the following:  Economists use GDP as a measure of economic growth.  If the GDP is increasing year over year, does that necessarily mean that the economy is growing? What are the advantages and disadvantages of using the Gross Domestic Product (GDP) as a measure of productivity and economic health?  Explain your answers.

3.     

ECO 205 Week 7 CheckPoint Calculation of the Consumer Price Index (appendix D)

ECO 205 Week 7 CheckPoint Calculation of the Consumer Price Index (appendix D)

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1.    CheckPoint: Calculation of the Consumer Price Index (CPI)

Due Date:  Day 6 (Individual forum)

The Consumer Price Index (CPI) is a measure of the overall cost of the goods and services bought by a typical consumer.  Each month, the Bureau of Labor Statistics follows five steps to calculate Consumer Price Index. Complete the following questions:

·         List the five steps that the BLS follows to calculate the CPI.

·         Explain the three problems associated with the calculation of the CPI.

·         The fifth step of calculating the CPI computes the inflation rate.  The inflation rate is a very important measure of how well our economy is doing.  Answer the following questions:

o   Suppose the inflation rate is 4% (per year) and your income increases by 6% (per year).  Are you better or worse off?  Explain.

o   Suppose the inflation rate is 8% (per year) and your income increases by 6% (per year).  Are you better or worse off?  Explain.

·         Format your paper according to APA standards.

·         Post your essay as a Microsoft^© Word attachment.

1.    Please note:  You will not use Appendix D to complete your checkpoint.

ECO 205 Week 6 CheckPoint Industry Research Part III

ECO 205 Week 6 CheckPoint Industry Research Part III

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1.    CheckPoint: Industry Research Part III

Due Date:  Day 4 (Individual Forum)

·         Research wage inequality and see if it is present in your chosen industry.

·         Locate two sources to help you answer the following questions about the industry you chose.

o   Describe any current or past news events related to wage inequality in your chosen industry.

o   What was the industry’s method for determining that there was an inequality? Explain.

·         Organize your research for this week using the annotated bibliography template in Appendix B.

·         Include APA-formatted references and a summary of the major points in the articles or Web sites.

·         Post Appendix B as an attachment.