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Q

ECO 561 Final Exam
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ECO 561 Final Exam
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2
Q

ECO 561 Week 6 Learning Team Assignment International Paper, Paper 1 And Paper 2
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A

Learning Team Assignment: International Paper

Resources: The data compiled from the Material – Big Drive Auto in Week Four (or the material from your own organization in which you faculty member has approved)

Write a 700- to 1,050- word paper addressing the following issues in the context of the scenario:

Identify and justify the macroeconomic measures of output and prices which you have selected for Big Drive Auto’s planning.

What are the relationships between the organization’s data and the macroeconomic measures you have selected?

Explain how specific planning and operating decisions at the organization can be improved using the macroeconomic data.

How would you get reliable forecasts of these macroeconomic variables?

In your planning, how would you deal with the uncertainty in macroeconomic forecasts?

How do business cycles affect the performances of Big Drive Auto (or the organization of your choice)? What could the organization do to mitigate any undesirable effects of business cycles?

Identify to what extent tariffs or quotas would affect international trade in your product

How would you pay for imports, receive payment for exports, and manage exchange rate risk?

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3
Q

ECO 561 Week 6 DQ 1
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A

How much has the growth in international trade impacted your company, or industry? Has the devaluation of the U.S. dollar impacted your company, or industry? Explain.

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4
Q

ECO 561 Week 5 Individual Assignment Interest Rate Report
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A

Write a 350- to 700-word report in which you address the following issues in the context of the scenario:

Identify decisions made by key organizational stakeholders that are affected by interest rates

Identify how interest rates affect the cost of operating the business

Find the current yield curve and interpret the effect of its shape on decision-making within the organization

Evaluate how changes in interest rates affect the customer demand for the product in the scenario

Explain how business planning and operations are dependant on monetary variables other than interest rates

Explain how banks create money.

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5
Q

ECO 561 Week 5 DQ 2
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A

How would you evaluate monetary policy today? Is monetary policy contradictory with fiscal policy? Why or Why not? Support your analysis with examples.

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6
Q

ECO 561 Week 5 DQ 1
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A

How does the Federal Reserve’s monetary policy affect your industry’s, or company’s growth?

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7
Q

ECO 561 Week 4 Individual Assignment Simulation Analysis
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A

AnalysisUsing the link provided on Week Four of the rEsource page, access and complete the simulation, Economics for Managerial Decision Making: Market Structures.

Resources: Economics for Managerial Decision Making: Market Structures simulation

Write a 700- to 1,050- word paper where you explain the following in the context of the simulation:

Create a solution using strategic variables available to you to sustain the economic profits the firm can earn.

What are some of the pricing strategies that you would recommend?

What are some of the non-pricing strategies that you would recommend?

What kind of innovations would you propose to sustain the organization’s uniqueness?

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8
Q

ECO 561 Week 4 DQ 2
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A

Inflation is the general increase in prices with some prices rising faster than average and even some prices falling. Inflation attracts a great deal of attention among policy makers and some of the remedies for it can have serious consequences in production and employment. Why would you, as a business manager, care whether annual inflation is 2% or 20%?

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9
Q

ECO 561 Week 4 DQ 1
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A

What is the difference between GDP and National income? How do both (GDP & National income) relate to economic growth? Explain.

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10
Q

ECO 561 Week 3 Individual Assignment Cost Scenario
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A

In this assignment, make a decision whether to accept an order for a product which requires displacing another product from production. This employs contribution analysis, opportunity cost, and cost concepts. The University of Phoenix Material – ClearHear Scenario provides a problem statement, opportunities, and end state goals.

Resources: ClearHear Scenario

Write a 1040- to 1400- word report where you explain the following in the context of the scenario:

Identify alternative solutions to meet the end-state goals

Analyze and evaluate the alternatives that you identified

Perform risk analysis to identify potential risks and negative consequences of the alternative solutions

Make a recommendation of the best alternative solution and explain how it best meets the desired end state

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11
Q

ECO 561 Week 3 DQ 2
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A

In your industry, would you support regulation or deregulation and why or why not?

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12
Q

ECO 561 Week 3 DQ 1
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A

Do you think that competition can be counted on to discipline the industrial business firms of a modern economy? Explain.

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13
Q

ECO 561 Week 2 Learning Team Assignment Scenario Analysis And Analysis 1
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A

Learning Team Assignment: Scenario Analysis

Review the Material – Will Bury’s Price Elasticity Scenario introduced in Week One. You may also use information from your own organization. If you use your own organization, get approval from your instructor before proceeding. Prepare a 350- to 700-word report where you explain the following concepts in the context of the Will Bury scenario:

The effect on revenue when there is a change in price (assuming competitors do not follow)

Estimate the elasticity of demand in your scenario using either the arc method of elasticity or base your estimate on the number and closeness of substitutes (including foreign substitutes)

Justify your estimate of the elasticity

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14
Q

ECO 561 Week 2 Individual Assignment Cost And Revenue Curves Simulation
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A

Complete the Economics for Managerial Decision Making: Cost and Revenue Curves simulation located on your student website. How might you apply the principles presented in the simulation more effectively in your future business decisions? How do these decisions relate to your business when you are dealing with different states’ cost structures?

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15
Q

ECO 561 Week 2 DQ 2
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A

Among the types of costs faced by a firm (short-run costs, fixed and variable, as well as long-run costs), how can technology help firms to lower their costs? What are some specific examples of how firms have used technology to lower costs?

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16
Q

ECO 561 Week 2 DQ 1
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A

Cost is a big issue with every company, and changing the technology is the biggest cost for most companies, how your company was able to cope with this problem and maintain the level of profit in a very competitive market?

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17
Q

ECO 561 Week 1 Individual Assignment Scenario Concept
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A

Individual Assignment: Scenario Concept

Resources: Will Bury’s Price Elasticity Scenario

Read the Material – Will Bury’s Price Elasticity Scenario.

Write a 350- to 700-word paper explaining the economic concepts found in the reading assignment.

Discuss how the course readings relate to the context of the scenario. Be sure to include citations and references where appropriate.

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18
Q

ECO 561 Week 1 DQ 2
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A

What is price elasticity? Give examples of five products whose demand is price elastic, and five products whose demand is price inelastic and elaborate on the choices you make

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19
Q

ECO 561 Week 1 DQ 1
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A

What kinds of changes in underlying conditions can cause the supply and demand curves to shift? Give examples and explain the direction in which the curves shift.

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20
Q

ECO 561 Complete Course
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ECO 561 Week 1 DQ 1

A

ECO 561 Week 1 DQ 2

ECO 561 Week 1 Individual Assignment Scenario Concept

ECO 561 Week 2 DQ 1

ECO 561 Week 2 DQ 2

ECO 561 Week 2 Individual Assignment Cost and Revenue Curves Simulation

ECO 561 Week 2 Learning Team Assignment Scenario Analysis and Analysis 1

ECO 561 Week 3 DQ 1

ECO 561 Week 3 DQ 2

ECO 561 Week 3 Individual Assignment Cost Scenario

ECO 561 Week 4 DQ 1

ECO 561 Week 4 DQ 2

ECO 561 Week 4 Individual Assignment Simulation Analysis

ECO 561 Week 5 DQ 1

ECO 561 Week 5 DQ 2

ECO 561 Week 5 Individual Assignment Interest Rate Report

ECO 561 Week 6 DQ 1

ECO 561 Week 6 Learning Team Assignment International Paper, Paper 1 and Paper 2

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