ECO 100 MASTER Teaching Effectively eco100masterdotcom

8/18/2019 ECO 100 MASTER Teaching Effectively eco100masterdotcom

1/18

CO 100 MAST R Teaching ffi

ctely/eco100masterdotcom

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2/18

CO 100 ntire Course

• ECO 100 Week 1 ! 1 Marginal Cost " Marginal #enefit

• ECO 100 Week 1 ! $ Self %nterest

• ECO 100 Week $ ! 1 Su&&ly' emand " E(uili)rium

• ECO 100 Week $ ! $ *ri+ate *ro&erty

• ECO 100 Week , ! 1 Co&r&orations • ECO 100 Week , ! $ Oligo&olies

• ECO 100 Week - ! 1 .nem&loyment Rates and /uman Ca&ital

• ECO 100 Week - ! $ * and Recession

• ECO 100 Week ! 1 #asic 2unctions of Money

• ECO 100 Week ! $ Central #ank System

• ECO 100 Week 1 Essay Ans3er (uestion 4- from cha&ter 1' &age $ - of the te5tECO 100 Week 1 ! 1 Marginal Cost " Marginal #enefi t

•

ECO 100 Week 1 ! $ Self %nterest


3/18

ECO 100 Week 1 ! 1 MarginalCost and Marginal #enefit

• Cite three e5am&les of recent decisions that you made in 3hich yo u 3eighed marginal cost and marginal )enefit6 7Make sure these ar e socially acce&ta)le and a&&ro&riate for sharing in a &u)lic foru m68 E5&lain in $00 3ords6 Res&ond to at least three of your classma tes9 &ostings6


4/18

ECO 100 Week 1 ! $ Self %nterest

• /o3 does self:interest hel& achie+e society;s economic goals< Whyis there such a 3ide +ariety of desired goods and ser+ices in a mar ket< %n 3hat 3ays are entre&reneurs and )usinesses at the helm ofthe economy )ut commanded )y consumers< E5&lain in $00 3ords 6 Res&ond to at least three of your classmates; &ostings


5/18

CO 100 Week 1 ssay Ans3er (uestion - fro

m cha&ter 1 &age $- of the te5t

• Ans3er (uestion 4- from cha&ter 1' &age $- of the te5t= >What ismeant )y the term ;utility'; and ho3 does it relate to &ur&oseful )e ha+ior6 %n one to three &ages' fully e5&lain your ans3er in a 3ay t hat sho3s your understanding of ?utility@ and human )eha+ior6


6/18

CO 100 Week $ ! 1 Su&&ly

' emand and (uili)rium

• *rofessional S&ort &layers generally are &aid much more than far mers' factory 3orkers' engineers' and teachers6 The markets for th e &rofessional s&orts &layers' farmers' factory 3orkers' engineersand teachers are generally com&etiti+e markets6 E+en among &rofe ssional s&ort &layers' the salaries for &layers in some s&orts are ge nerally significantly higher than the salary in some other s&orts6 / o3 does this make sense using su&&ly and demand in a market ine(uili)rium< 2ully e5&lain your reasoning in at least $00 3ords6 Re s&ond to at least t3o of your fello3 students; &ostings6


7/18

CO 100 Week $ ! $ *ri+ate *ro&erty

• Why is &ri+ate &ro&erty' and the &rotection of &ro&erty rights' so c rucial to the success of the market system< 2ully e5&lain your reas oning in at least $00 3ords6 Res&ond to at least t3o of your fello3students; &ostings6


8/18

ECO 100 Week $ Essay Ans3er (uestion - on Cha&ter -' &age 100 of the te5t

• Ans3er (uestion 4- on Cha&ter -' &age 100 of the te5t= >ou are c hair&erson of a state ta5 commission res&onsi)le for esta)lishing a&rogram to raise ne3 re+enue through e5cise ta5es6 Why 3ould ela sticity of demand )e im&ortant to you in determining the &roductson 3hich the ta5es should )e le+ied6 %n one to three &ages' fullye5&lain your ans3er in a 3ay that sho3s your understanding of ?el asticity of demand6@


9/18

ECO 100 Week , ! 1 Co&r&orations

• What maBor ad+antages of cor&orations ha+e gi+en rise to their do minance as form of )usiness organiation< 2ully su&&ort your &osit ion in at least $00 3ords6 Res&ond to at least three of your classma tes9 &ostings6


10/18

ECO 100 Week , ! $ Oligo&olies

• What is an ?oligo&oly@ and 3hy do they e5ist< Dist , or - oligo&olies3hose &roducts you o3n or regularly &urchase6 What distinguishesoligo&oly from mono&olistic com&etition< 2ully su&&ort your &ositi on in at least $00 3ords6 Res&ond to at least three of your classma tes9 &ostings6


11/18

ECO 100 Week , Essay Ans3er (uestion 1 on cha&ter ' &age $01 of the te5t

• Ans3er (uestion 41 on cha&ter ' &age $01 of the te5t= >;Fo firm iscom&letely sheltered from ri+alsG all firms com&ete for consumer d ollars6 %f that is so' then &ure mono&oly does not e5ist6; o you agr ee< E5&lain6> %n one to three &ages' fully e5&lain your ans3er in a3ay that sho3s your understanding of ?mono&olies6@


12/18

ECO 100 Week , Essay Ans3er (uestion 1 on cha&ter ' &age $01 of the te5t

• Ans3er (uestion 41 on cha&ter ' &age $01 of the te5t= >;Fo firm iscom&letely sheltered from ri+alsG all firms com&ete for consumer d ollars6 %f that is so' then &ure mono&oly does not e5ist6; o you agr ee< E5&lain6> %n one to three &ages' fully e5&lain your ans3er in a3ay that sho3s your understanding of ?mono&olies6@


13/18

CO 100 Week - ! 1 .nem&loyment R

ates and uman Ca&ital

• Why might an increase of the minimum 3age in the .nited States i m&act unem&loyment rates< /o3 might earning a college degree i ncrease lifetime earnings and em&loya)ility< Relate your ans3er toelasticity of la)or demand6 2ully su&&ort your &osition in at least $ 00 3ords6 Res&ond to at least three of your classmates9 &ostings6


14/18

ECO 100 Week - ! $ * andRecession

• What is ?ross omestic *roduct@ 7*8' and ho3 is it determinedeach month< What does the term ?Recession@ mean and ho3 do 3 e kno3 3hen one occurs< /o3 does go+ernment inter+ene to mo+ e the economy out of a recession< 2ully su&&ort your &osition in atleast $00 3ords6 Res&ond to at least three of your classmates9 &ost ings


15/18

ECO 100 Week - Essay Ans3er (uestion on cha&ter 11' &age $H of the te5t

• Ans3er (uestion 4 on cha&ter 11' &age $H of the te5t= >#riefly di scuss the maBor causes of income ine(uality6 What factors ha+e co ntri)uted to greater income ine(uality since 1IH06 %n one to thre e &ages' fully e5&lain your ans3er in a 3ay that sho3s your unders tanding of ?income ine(uality and &o+erty


16/18

ECO 100 Week ! 1 #asic 2unctions of Money

•

• What are the three )asic functions of money< escri)e ho3 ra&id i nflation can undermine money9s a)ility to &erform each of the thre e functions6 2ully su&&ort your &osition in at least $00 3ords6 Res& ond to at least three of your classmates9 &ostings6


17/18

ECO 100 Week ! $ Central #ank System

• E5&lain the role of the 2ederal Reser+e System and the 1$ 2ederalReser+e #anks6 iscuss the 2ederal O&en Market Committee 72OM C8 and the 2ederal 2unds Rate6 What do they do to manage the eco nomy and the money su&&ly< /o3 do they control inflation and de flation< 2ully su&&ort your &osition in at least $00 3ords6 Res&ondto at least three of your classmates9 &ostings6


18/18

CO 100 MAST R Teaching ffi

ctely/eco100masterdotcomFOR MORE CLASSES VISIT

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ECO 100 MASTER Teaching Effectively eco100masterdotcom