ECON 312

  • ECON 312 Entire Course *Principles of Economics*

    ECON 312 Entire Course Principles of Economics

    ECON 312 Entire Course *Principles of Economics*   ECON 312 Week 1 Quiz (2 Versions)  ECON 312 Week 1 Discussion 1 Opportunity Cost ECON 312 Week 1 Discussion 2 Economic Systems ECON 312 Week 2 Quiz ECON 312 Week 2...

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  • ECON 312 Week 1 Discussion Questions

    ECON 312 Week 1 Discussion Questions

    ECON 312 Week 1 Discussions   Opportunity Cost (graded) Give an example of how the Principle of Opportunity Cost applies to your life. Think of a recent decision you made. It could be a decision as simple as whether to eat out or cook your own...

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  • ECON 312 Week 1 Quiz (2 Examples )

    ECON 312 Week 1 Quiz (2 Examples )

    ECON 312 Week 1 Quiz (2 Examples ) Version 1 (TCO 1) The general concern of economics is with the study of the (TCO 1) The term scarcity in economics refers to the fact that (TCO 1) Are the goods that businesses offer...

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  • ECON 312 Week 2 Discussion Questions

    ECON 312 Week 2 Discussion Questions

    ECON 312 Week 2 Discussion   Demand, Supply, and Market Equilibrium Think about a product that you have purchased recently (e.g. soda, diapers, takeout meals, milk, shoes, manicure/pedicure, video game, etc.). Explain how the law of demand...

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  • ECON 312 Week 2 Quiz

    ECON 312 Week 2 Quiz

    ECON 312 Week 2 Quiz   (TCO 2) Economists use the term "demand" to refer to (TCO 2) Which of the following would not shift the demand curve for beef? (TCO 2) Which of the following is most likely to be an inferior...

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  • ECON 312 Week 3 Assignment Anti-Trust Case

    ECON 312 Week 3 Assignment Anti-Trust Case

    ECON 312 Week 3 Assignment Anti-Trust Case - Anheuser-Busch InBev   Research authoritative articles using the news and the DeVry Online Library (http://library.devry.edu) for a recent case of antitrust investigation. You are free to choose a case...

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  • ECON 312 Week 3 Discussion Questions

    ECON 312 Week 3 Discussion Questions

    ECON 312 Week 3 Discussion Questions   A Firm’s Shut Down Decision (graded) Say you are the manager of a perfectly competitive firm selling a product. Your business is making a loss because total revenue is less than total costs. What...

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  • ECON 312 Week 3 Quiz (Example 1)

    ECON 312 Week 3 Quiz (Example 1)

    ECON 312 Week 3 Quiz   Version 1  (TCO 3) Which of the following constitutes an implicit cost to the Johnston Manufacturing Company? (TCO 3) To economists, the main difference between the short run and the long run is...

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  • ECON 312 Week 3 Quiz (Example 2)

    ECON 312 Week 3 Quiz (Example 2)

    ECON 312 Week 3 Quiz   Version 2 (TCO 3) Economic profits are calculated by subtracting (TCO 3) To economists, the main difference between the short run and the long run is that (TCO 3) Economists would describe the U.S...

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  • ECON 312 Week 4 Discussion Questions

    ECON 312 Week 4 Discussion Questions

    ECON 312 Week 4 Discussion Questions   GDP (graded) Go to the Bureau of Economic Analysis website, www.bea.gov, and access the BEA interactively by selecting "National Accounts" and then "National Income and Product Account Tables." Select...

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  • ECON 312 Week 4 Midterm (Example 1)

    ECON 312 Week 4 Midterm (Example 1)

    ECON 312 Week 4 Midterm (Example 1)   (TCO 1) As a consequence of the condition of scarcity (TCO 1) The opportunity cost of constructing a new public highway is the (TCO 1) A nation can increase its production possibilities...

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  • ECON 312 Week 4 Midterm (Example 2)

    ECON 312 Week 4 Midterm (Example 2)

    ECON 312 Week 4 Midterm (Version 2)   (TCO 3) Mutual interdependence would tend to limit control over price in which market model? (TCO 3) Under which market model are the conditions of entry into the market easiest? (TCO 3) The...

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  • ECON 312 Week 4 Midterm (Example 3)

    ECON 312 Week 4 Midterm (Example 3)

    ECON 312 Week 4 Midterm (Version 3)   (TCO 1) As a student of economics, when you speak of scarcity, you are referring to the ability of society to (TCO 1) The idea in economics that "there is no free lunch" means that (TCO...

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  • ECON 312 Week 4 Midterm Exam ( 3 Examples )

    ECON 312 Week 4 Midterm Exam ( 3 Examples )

    ECON 312 Week 4 Midterm Exam ( 3 Examples )   (TCO 1) As a consequence of the condition of scarcity (TCO 1) The opportunity cost of constructing a new public highway is the (TCO 1) A nation can increase its production...

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  • ECON 312 Week 5 Discussion Questions

    ECON 312 Week 5 Discussion Questions

    ECON 312 Week 5 Discussion Questions   Aggregate Demand and Aggregate Supply (graded) Go to the BEA website www.bea.gov. On the left tab under Publications, go to the Interactive Data Tables. Select National Income and Product Accounts. From...

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  • ECON 312 Week 5 Quiz (Example 1)

    ECON 312 Week 5 Quiz (Example 1)

    ECON 312 Week 5 Quiz (Example 1)   Version 1 (TCO 6) Fiscal policy refers to the (TCO 6) Suppose that the economy is in the midst of a recession. Which of the following policies would most likely end the recession and stimulate...

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  • ECON 312 Week 5 Quiz (Example 2)

    ECON 312 Week 5 Quiz (Example 2)

    ECON 312 Week 5 Quiz (Example 2)   Version 2 (TCO 6) Expansionary fiscal policy is so named because it (TCO 6) An economist who favors smaller government would recommend (TCO 6) The lag between the time and the need for...

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  • ECON 312 Week 6 Discussion Questions

    ECON 312 Week 6 Discussion Questions

    ECON 312 Week 6 Discussion Questions   Money and Banking (graded) What factors led to the mortgage default crisis? How did mortgage defaults affect banks involved in mortgage lending and mortgage investing? Securitization? TARP? What do these...

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  • ECON 312 Week 6 Quiz

    ECON 312 Week 6 Quiz

    ECON 312 Week 6 Quiz   (TCO 7) If you write a check on a bank to purchase a used Honda Civic, you are using money primarily as (TCO 7) The amount of money reported as M2 (TCO 7) Answer the question on the basis of the...

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