Category Archives: XECO 212

XECO 212 Week 5 DQ 1 And DQ 2 DQ 1

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DQ 1

What is the relationship between Gross Domestic Product (GDP) and the business cycle? How can you use information about the business cycle when making a decision about a large purchase?

 

DQ 2

What is inflation? How do interest rates affect inflation? What are the different types of unemployment? Which of these has the most impact on the economy? Explain.

 

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XECO 212 Week 9 Final Project A New House-Decision

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Resource: Appendix A

Review the final project criteria in Appendix A.

Write a 1,750- to 2,450-word word paper in APA format in which you decide whether to purchase a house.

o Discuss which principles of economics directly relate to your purchasing decision.

o Compare the marginal benefits and the marginal costs associated with your purchasing decision.

o Explain how the strength of the economy as a whole affected the marginal benefits and the marginal costs associated with that decision.

o Consider the roles of the domestic economy and international trade in your assessment of the strength of the economy.

o Determine what situations or conditions could have led you to make a different decision.

Assume for this project that purchasing a latest home would be a major decision requiring a substantial financial outlay where the wrong decision would have long-term financial consequences.

Use 3-5 references to write your paper and be sure to include a list of APA-formatted references.

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XECO 212 Week 9 Capstone DQ

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In your own words, using the 10 Principles of Economics outlined in Ch. 1 of Mankiw’s Principles of Economics, prepare a 200- to 300-word response to the following questions: How can each of the 10 principles be applied in an example or experience with which you are familiar? How do you intend to use your latestfound knowledge in future economic decisions?

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XECO 212 Week 8 CheckPoint International Trade Debate

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Post a 250- to 300-word response to the following debate topic: The United States should place high tariffs and use quotas to restrict trade with foreign countries.
Consider the issues below:

o The strength of the dollar on domestic and global economies

o Benefits from tariffs or quotas

o Losses from tariffs or quotas

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XECO 212 Week 8 Assignment International Trade Simulation

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Resource International Trade Simulation

Complete the International Trade Simulation.
Write a 1,050- to 1,250-word report in APA format advising the President of Rodamia making recommendations for international trade. Address the following:
o List at least one advantage and one limitation of international trade you encountered in the simulation.

o Define absolute and comparative advantage in your own words.

o Explain how absolute and comparative advantage were used in your simulation.

o Describe the influences affecting foreign exchange rates.

Post your assignment as an attachment.

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XECO 212 Week 7 DQ 1 And DQ 2

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DQ 1

How does the federal government implement its fiscal policies? Given economic conditions today, do you suggest expansionary fiscal policy or contractionary fiscal policy? How would your suggestions affect production and employment? Why?

 

DQ 2

Assume the government is running a budget deficit. Should the government raise taxes to balance the budget? Should the government decrease spending to balance the budget? What are the pros and cons of each action?

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XECO 212 Week 7 CheckPoint A New House-Economy

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The difficulties of the economy affect many of the decisions you make as a consumer. No more so than when you are buying a house. The health of the economy is a factor you should consider when buying a house. Sometimes the economy favors sellers and at other times it favors buyers. This CheckPoint helps you refine your decision to buy a house; it prepares you to explain in your final project how the strength of the economy, government spending, and taxes affect the marginal costs and benefits of your decision.

Consider the role of government bodies that affect the strength of the economy.
Assume for this CheckPoint that purchasing a latest home would be a major decision requiring a substantial financial outlay where the wrong decision would have long-term financial consequences.

Submit a 250- to 300-word response addressing the following points:
o  Explain how the strength of the economy as a whole could affect the marginal benefits and the marginal costs associated with a decision to purchase a home.
o  How would removal of the tax deduction on mortgage interest affect the housing market?
o  How would other changes in government spending and taxes affect your decision?

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XECO 212 Week 6 CheckPoint Money

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Submit a 250- to 300-word response addressing the following points:

o Money acts as a unit of account, medium of exchange, or a store of value. Describe each of these different functions.

o Provide an example of your use of money in each of these different functions.

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XECO 212 Week 5 CheckPoint A New House-Risks and Benefits

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The government and the fiscal policy it implements play a large role in the housing market. In this CheckPoint, you examine how government policy has consequences for you and the decision to buy a house. This helps you consider situations and alternative decisions in your final project.
 Resources: http://www.realtor.org, http://www.nahb.org, http://www.mbaa.org

Assume for this CheckPoint that purchasing a latest home would be a major decision requiring a substantial financial outlay where the wrong decision would have long-term financial consequences.

Evaluate the health of the housing market for the next two years by researching forecasts for mortgage rates, housing starts, and housing prices. The following Web sites provide a starting place for your research:

o Mortgage rates: http://www.realtor.org

o Housing starts: http://www.nahb.org

o Housing prices: http://www.mbaa.org

Submit a 250- to 300-word response addressing the following questions:

Which government bodies influence national fiscal policies that would potentially affect the housing market?

o What are some national fiscal policies that can affect mortgage rates, housing starts, and housing prices? Be sure to provide specific examples.

o What is your recommendation as to the risks and benefits of purchasing a home based on these considerations?

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