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ECON 545 ALL WEEKS DISCUSSION (DEVRY)

DEVRY ECON 545 Week 1 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 EXAM

(NEW)
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 (Situation
C)
ECON 545 Week 4 DQ 1 Current Topic in Macroeconomics
ECON 545 Week 4 DQ 2 Healthcare

ECON 545 WEEK 1 DQ 1 SUPPLY AND

DEMAND
What is the difference between a change in demand versus a change in

quantity demanded? A change in supply versus a change in quantity su

pplied? Why is it so important to differentiate between these similar-so
unding terms?

ECON 545 WEEK 1 DQ 2 ELASTICITY

AND
THE
MINIMUM
WAGE
What are your thoughts about minimum wage legislation? What kind o

f a price-control policy is this? Who gains? Who loses? Are there alterna
tives to this legislation for achieving the same policy objectives? What r
ole do demand and supply elasticities play in determining outcomes?

ECON 545 WEEK 2 DQ 1 MARGINAL AN

ALYSIS
Why is marginal analysis important in economics? How do the tutorials

Basics of Marginal Analysis and Understanding and Applying Marginal

Analysis at the end of this week's lecturereinforce the concepts of mar
ginal analysis? How can any firm find the right production level which g
uarantees 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 interesti
ng 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 mo
re creative ways. Maybe you can think of some that your firm is not cur
rently using. Be creative here.

ECON 545 WEEK 3 COURSE PROJECT 1 MICROECONOMI

C ANALYSIS (SITUATION C)

The Microeconomic Paper tests your ability to apply economic principl

es to a business decision. Select one situation from the items outlined
below: A to D. Complete the paper on the selected situation as specifie
d below. The completed paper is a professional report and is due in W
eek 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 so
urces, such as Wikipedia.
The following is a list of the specific required information, research, gra
phs, and math to be included in each answer regardless of the scenari
o chosen.
1. Demand Determinants:

ECON 545 WEEK 3 DQ 1 MERGERS AC

QUISITIONS
Have you ever been involved in a merger or acquisition? If so, tell us ab

out your experiences. If not, comment on this week's tutorial, "The Priv
ate Sector."

ECON 545 WEEK 3 DQ 2 ANTITRUST POLI

CYReview and chose a firm of your choice provided by your instructor. Is

this firm a monopoly? In what ways could it be considered a monopoly

? What markets are involved? What anti-trust legislation would apply? I
s anti-trust legislation "fair" to your chosen firm? Why or why not?

ECON 545 WEEK 4 DQ 1 CURRENT TOPIC IN MACRO

ECONOMICS

Scour the national media for a credible macroeconomic current issue

(many good sources are available online) in which Chapters 19-21 is at
the heart of the matter. Summarize your article for your colleagues an
d attach a link to your article. Make sure you appropriately 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 about ev
ery economic imperfection that is known to humankind. Can you identi
fy and briefly describe ONE of these imperfections? Do you know of an
y examples?

ECON 545 WEEK 5 DQ 1 TRADE DEFICITS

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

ECON 545 WEEK 5 DQ 2 EXCHANGE RATE

Do a little research about foreign exchange traders. It's a big business;

how do they make money? What is the relationship between FX rates a
nd interest rates?

ECON 545 WEEK 6 COURSE PROJECT 2 MACROECONOM

IC ANALYSIS (SITUATION C)

The Macroeconomic Paper tests your ability to apply economic principl

es to a business decision considering the impact of macroeconomic va
riables. Select one situation from the items outlined below: A to D. Co
mplete the paper on the selected situation as specified below. The com
pleted paper is a professional report and is due in Week 6 (260 Points).
See the grading rubric at the end of this document. Be sure to use the
DeVry library to find data, and avoid questionable sources, such as Wik
ipedia.

ECON 545 WEEK 6 DQ 1 FISCAL POLICY

What fiscal policies are required to fight unemployment? Which ones a

re required to fight inflation? What are some of the downside risks and
potential problems involved when using fiscal policy?

ECON 545 WEEK 6 DQ 2 MONETARY POLI

CYWhat 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 monetary policy?

ECON 545 WEEK 7 DQ 1 THE PUBLIC SEC

TOR
What is the appropriate balance between private and public (i.e., gover

nment) activity? Think of a case where the government has intervened

(or it was suggested that government intervene) in a previously private
market (e.g. Chrysler, tariffs on Japanese luxury cars, the airline industr
y, etc). What other examples can you think of? Using a marginal benefit
/marginal cost analysis, support or argue against the intervention.

ECON 545 WEEK 7 DQ 2 FORECASTING

Let's discuss one of the most important areas of economics, namely th

e use of leading economic indicators to forecast the future direction of
the macroeconomy. What websites are helping you gain a better under
standing of where the economy is heading in the next 12 months?

ECON 545 GENIUS EXPECT SUCCESS /

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