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ECO 365 Entire Course ECO 365 ( Principles of Microeconomics ) Complete Course ECO 365 Week 1 DQ 1, What is economics? What role does economics play in your personal and organizational decisions? Provide an example of the role of economics in decision making, ECO 365 Week 1 DQ 2, Identify a recent purchase in which the price of the product was an important consideration in the decision-making process related to purchasing the product. What other factors affected your decision? How important was your income as a factor? How important was the price of other goods as a factor?, ECO 365 Week 1 Individual Assignment Article Analysis, ECO 265 Week 2, ECO 365 Week 2 DQ 1, What is the law of diminishing marginal productivity? How does the law of diminishing marginal productivity affect the cost of productions? Provide an example from your workplace., ECO 35 Week 2 DQ 2, Why is the demand of labor a derived demand? What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar? What are some factors that determine the level of your income? Explain your answer, ECO 365 Week 2 Individual Assignment Supply and Demand Simulation, ECO 365 Week 3, ECO 365 Week 3 DQ 1, What conditions exist when economic profits are maximized? What is the difference between economic and accounting profits? What are economic profit-maximizing strategies that may be made by a perfectly competitive firm, a monopolist firm, and a monopolistic competitive firm? Provide examples and explain the strategies’ effectiveness in their respective market structures., ECO 365 Week 3 DQ 2, What are some real-life examples of monopolistically competitive, oligopoly, and monopoly markets? How do market prices differ between perfectly and imperfectly competitive markets? Will a monopoly always produce at a profit-maximizing output level? Explain your answer., ECO 365 Week 3 Learning Team Reflection Summary Market Structure,
ECO 365 Week 3 Team Assignment Current Market Conditions Competitive Analysis, ECO 354 Week 4, ECO 365 Week 4 DQ 1, What is an externality? Provide at least three examples. How does one of the examples you provided affect the market outcome? What is the role of government in addressing the implications of an externality you provided as an example? Is it possible that a government’s solution to a market failure would worsen the failure? Explain your answer., ECO 365 Week 4 DQ 2, What effect do government intervention, taxation, and regulations have on economic behavior? Explain. What are real-world examples of government intervention, taxation, and regulations? What are the goals of each?, ECO 365 Week 4 Individual Assignment Differentiating Between Market Structures Table, ECO 365 Week 4 Learning Team Reflection Public Policy in Economics, ECO 365 Week 5 Team Assignment Competitive Strategies and Government Policies,