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ECON 545 All Weeks Discussion

(
DEVRY ECON 545 Week 1 Devry)
DQ 1 Supply and Demand

DEVRY ECON 545 Week 1 DQ 2Elasticity and the Minimum Wage

DEVRY ECON 545 Week 2 DQ 1 Marginal Analysis
DEVRY ECON 545 Week 2 DQ 2 Controlling Costs
DEVRY ECON 545 Week 3 DQ 1 Mergers Acquisitions
DEVRY ECON 545 Week 3 DQ 2 Anti-Trust Policy and Microsoft
DEVRY ECON 545 Week 4 DQ 1 Macroeconomic News
DEVRY ECON 545 Week 4 DQ 2 Healthcare
DEVRY ECON 545 Week 5 DQ 1 Trade Deficits
DEVRY ECON 545 Week 5 DQ 2 Exchange Rates

ECON 545 Entire Course + Final

(New)
Exam
ECON 545 Week 1 DQ 1 Supply and Demand

ECON 545 Week 1 DQ 2 Elasticity and the Minimum Wage

ECON 545 Week 2 DQ 1 Marginal Analysis
ECON 545 Week 2 DQ 2 Controlling Costs
ECON 545 Week 3 DQ 1 Mergers Acquisitions
ECON 545 Week 3 DQ 2 Antitrust Policy
ECON 545 Week 3 Course Project 1 Microeconomic Analysis (Situati
on C)
ECON 545 Week 4 DQ 1 Current Topic in Macroeconomics
ECON 545 Week 4 DQ 2 Healthcare

ECON 545 Week 1 DQ 1 Supp

ly
and
Demand
What
is the difference between a change in demand versus a chan

ge in quantity demanded? A change in supply versus a change in q

uantity supplied? Why is it so important to differentiate between th
ese similar-sounding terms?

ECON 545 Week 1 DQ 2 Elast

icity
the Minimum Wage
What areand
your thoughts about minimum wage legislation? What ki

nd of a price-control policy is this? Who gains? Who loses? Are ther

e alternatives to this legislation for achieving the same policy objec
tives? What role do demand and supply elasticities play in determi
ning outcomes?

ECON 545 Week 2 DQ 1 Margin

al
Analysis
Why
is marginal analysis important in economics? How do the tuto
rials Basics of Marginal Analysis and Understanding and Applying
Marginal Analysis at the end of this week's lecturereinforce the con
cepts of marginal analysis? How can any firm find the right product
ion level which guarantees maximum profit (or minimum loss)?

ECON 545 Week 2 DQ 2 Controlling Costs

Name some of the ways firms attempt to control their costs. How
does your firm control costs? The key here in keeping this question
interesting is that reducing the workforce or having one person do
the work of three people are not the only ways to control costs.
I'm looking for more creative ways. Maybe you can think of some t
hat your firm is not currently using. Be creative here.

ECON 545 Week 3 Course Project 1 Microeconomic A

nalysis (Situation C)

The Microeconomic Paper tests your ability to apply economic prin

ciples to a business decision. Select one situation from the items o
utlined below: A to D. Complete the paper on the selected situation
as specified below. The completed paper is a professional report a
nd is due in Week 3 (230 points). See the grading rubric at the end
of this document. Be sure to use the DeVry library for finding data;
avoid questionable sources, such as Wikipedia.
The following is a list of the specific required information, research
, graphs, and math to be included in each answer regardless of the
scenario chosen.
1. Demand Determinants:

ECON 545 Week 3 DQ 1 Merger

s Have
Acquisitions
you ever been involved in a merger or acquisition? If so, tell u
s about your experiences. If not, comment on this week's tutorial,
"The Private Sector."

ECON 545 Week 3 DQ 2 Antitrust

Policy
Review and chose a firm of your choice provided by your instructor
. Is this firm a monopoly? In what ways could it be considered a m
onopoly? What markets are involved? What anti-trust legislation w
ould apply? Is anti-trust legislation "fair" to your chosen firm? Why
or why not?

ECON 545 Week 4 DQ 1 Current Topic in Macroec

onomics

Scour the national media for a credible macroeconomic current iss

ue (many good sources are available online) in which Chapters 1921 is at the heart of the matter. Summarize your article for your co
lleagues and attach a link to your article. Make sure you appropriat
ely refer to the textbook sections that apply to your chosen article.

ECON 545 Week 4 DQ 2 Healthcare

The healthcare sector is often cited as being fraught with just abou
t every economic imperfection that is known to humankind. Can yo
u identify and briefly describe ONE of these imperfections? Do you
know of any examples?

ECON 545 Week 5 DQ 1 Trade De

ficits
What have been some major causes of the large U.S. trade deficits
since 1992? What is a major benefit (you could address that issue)
or a major cost (or you could address that issue) associated with tr
ade deficits?

ECON 545 Week 5 DQ 2 Exchang

e
Rate
Do
a little research about foreign exchange traders. It's a big busin
ess; how do they make money? What is the relationship between F
X rates and interest rates?

ECON 545 Week 6 Course Project 2 Macroeconomic

Analysis (Situation C)

The Macroeconomic Paper tests your ability to apply economic pri

nciples to a business decision considering the impact of macroeco
nomic variables. Select one situation from the items outlined belo
w: A to D. Complete the paper on the selected situation as specifie
d below. The completed paper is a professional report and is due i
n Week 6 (260 Points). See the grading rubric at the end of this doc
ument. Be sure to use the DeVry library to find data, and avoid que
stionable sources, such as Wikipedia.

ECON 545 Week 6 DQ 1 Fiscal Policy

What fiscal policies are required to fight unemployment? Which on

es are required to fight inflation? What are some of the downside r
isks and potential problems involved when using fiscal policy?

ECON 545 Week 6 DQ 2 Monetar

y What
Policy
are the monetary policies required to fight unemployment?
What about those required to fight inflation? What are some of the
downside risks and potential problems involved when using monet
ary policy?

ECON 545 Week 7 DQ 1 The Publ

ic
Sector
What
is the appropriate balance between private and public (i.e., g
overnment) activity? Think of a case where the government has int
ervened (or it was suggested that government intervene) in a previ
ously private market (e.g. Chrysler, tariffs on Japanese luxury cars,
the airline industry, etc). What other examples can you think of? Us
ing a marginal benefit/marginal cost analysis, support or argue aga
inst the intervention.

ECON 545 Week 7 DQ 2 Forecas

ting
Let's discuss one of the most important areas of economics, namel

y the use of leading economic indicators to forecast the future dire

ction of the macroeconomy. What websites are helping you gain a
better understanding of where the economy is heading in the next
12 months?

ECON 545 GENIUS Teaching Ef

fectively econ545geniusdotco
m
FOR MORE CLASSES VISIT
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