Monday, 29 July 2013

ECO 561 Week 6 Learning Team Assignment International Paper




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Learning Team Assignment: International Paper

•         Resources: The data compiled from the University of Phoenix 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:
o        Identify and justify the macroeconomic measures of output and prices which you have selected for Big Drive Auto’s planning.
o        What are the relationships between the organization’s data and the macroeconomic measures you have selected?
o        Explain how specific planning and operating decisions at the organization can be improved using the macroeconomic data.
o        How would you get reliable forecasts of these macroeconomic variables?
o        In your planning, how would you deal with the uncertainty in macroeconomic forecasts?
o        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?
o        Identify to what extent tariffs or quotas would affect international trade in your product
o        How would you pay for imports, receive payment for exports, and manage exchange rate risk?


ECO 561 Week 6 DQ 1




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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.


ECO 561 Week 5 Individual Assignment Interest Rate Report




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Individual Assignment: Interest Rate Report
•         Resource: University of Phoenix Material – Big Drive Auto
•         Write a 350- to 700-word report in which you address the following issues in the context of the scenario:
o        Identify decisions made by key organizational stakeholders that are affected by interest rates
o        Identify how interest rates affect the cost of operating the business 
o        Find the current yield curve and interpret the effect of its shape on decision-making within the organization 
o        Evaluate how changes in interest rates affect the customer demand for the product in the scenario
o        Explain how business planning and operations are dependant on monetary variables other than interest rates 
                   Explain how banks create money.


ECO 561 Week 5 DQ 2




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


ECO 561 Week 5 DQ 1




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



ECO 561 Week 4 Quiz




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Question 1
The Lawn Ranger, a landscaping company, has total costs of $4,000 and total variable costs of $1,000. The Lawn Ranger's total fixed costs are
Question 2
The total variable cost curve
Question 3
Use the following figure to answer the next question:
 What production technique should this firm use to produce 2 units of output?
Question 4
After diminishing returns set in, the firm's
Correct: Marginal rate rises.
Question 5

If you know that average variable cost is at a minimum, then you can deduce that
Question 6
Use the following figure to answer the next two questions:
Micro Oven's total fixed costs are
Question 7
Up to point A
Correct: Average variable rates are reducing.
Question 8

If marginal cost is increasing, then average variable cost must also be increasing.

ECO 561 Week 4 Individual Assignment Simulation Analysis




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Individual Assignment: Simulation
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:o
Create a solution using strategic variables available to you to sustain the economic profits the firm can earn.
o What are some of the pricing strategies that you would recommend?
o What are some of the non-pricing strategies that you would recommend?

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

ECO 561 Week 4 DQ 2




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


ECO 561 Week 4 DQ 1




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


ECO 561 Week 3 Individual Assignment Cost Scenario




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Individual Assignment: Cost Scenario
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: 
o        Identify alternative solutions to meet the end-state goals
o        Analyze and evaluate the alternatives that you identified
o        Perform risk analysis to identify potential risks and negative consequences of the alternative solutions
o        Make a recommendation of the best alternative solution and explain how it best meets the desired end state


ECO 561 Week 3 DQ 2




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


ECO 561 Week 3 DQ 1




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


ECO 561 Week 2 Learning Team Assignment Scenario Analysis




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 Learning Team Assignment: Scenario Analysis
  • Review the University of Phoenix 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:

o The effect on revenue when there is a change in price (assuming competitors do not follow)
o 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)
o Justify your estimate of the elasticity


ECO 561 Week 2 DQ 2

ECO 561 Week 2 DQ 2



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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?



ECO 561 Week 2 DQ 1

ECO 561 Week 2 DQ 1



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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? 


ECO 561 Week 2 Assignment Cost and Revenue Curves Simulation

ECO 561 Week 2 Assignment  Cost and Revenue Curves Simulation



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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?


ECO 561 Week 1 Individual Assignment Scenario Concept (Price Elasticity Scenario)




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Individual Assignment: Scenario Concept
· Resources: Will Bury’s Price Elasticity Scenario
· Read the University of Phoenix 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.


ECO 561 Week 1 DQ 2




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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.


ECO 561 Week 1 DQ 1




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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.


ECO 561 Chapter 8 Quiz




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Question 1
The direct exchange of goods and services for other goods and services is
Question 2
An item used as money that also has intrinsic value in some other use is
Question 3
The equation for M2 is
Question 4
A loan made by a bank is considered ________ of that bank.
Question 5
Bank One has $100 million in reserves. Bank One is meeting its reserve requirement and has no excess reserves. The required reserve ratio is 20%. Bank One's demand deposits are
Question 6
Banks can create money
Question 7
Assume that banks become more conservative in their lending policies, and start holding some excess reserves. Compared to a situation in which banks are not holding excess reserves, the size of the money multiplier will be
Question 8
The interest rate banks pay to borrow money from the Fed is the








ECO 561 Chapter 7 Quiz




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Question 1
A recession is marked by ______________ output and ________ unemployment.
Question 2
To be classified as unemployed, an individual who is sixteen years of age or older
Question 3
The unemployment rate
Question 4
The decline in the measured unemployment rate that results when people who want to work but cannot find work stop looking for jobs and then drop out of the ranks of the unemployed and the labor force is known as
Question 5
The sum of frictional and structural unemployment is thought of as the
Question 6
Cyclical unemployment is the
Question 7
The difference between the interest rate on a loan and the inflation rate is the
Question 8

If discouraged workers were counted as unemployed, the measured unemployment rate would increase.

ECO 561 Chapter 6 Quiz




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Question 1
Which of the following is NOT included in 1994's GDP?
Question 2
Which of the following would be counted in the GNP of the United States, but not the GDP of the United States?
Question 3
The equation for GNP using the expenditure approach is
Question 4
When calculating GDP, exports are _________________ and imports are ______________.
Question 5
The largest income component of GDP is
Question 6
Nominal GDP is gross domestic product measured
Question 7
The products produced by U.S. citizens when those citizens are working abroad for a foreign company are not counted in the U.S. GNP.
Question 8
The income received by households before paying personal income taxes but after paying social insurance contributions is