Lackawanna ECO105 2022 February Discussions Latest (Full)

Question # 00820654 Posted By: Ferreor Updated on: 03/08/2022 12:28 AM Due on: 03/08/2022
Subject Economics Topic General Economics Tutorials:
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ECO105 Macroeconomics

Module 1 Discussion

DQ1 How do you make decisions?

An economy results from the choices that millions of individuals make in attempting to satisfy their unlimited wants. A key economic assumption is that individuals, in making choices, rationally select alternatives they perceive to be in their best interests. Economic choice is based on a comparison of the expected marginal benefit and the expected marginal cost of the action under consideration.

McEachern, W. A. (2019). Macro econ: principles of macroeconomics. Boston, MA: Cengage Learning, Inc.

To-Do:

Discuss your impact of rational self-interest on each of the following decisions.

What helped you make your decisions?

a. What research did you do?

b. Who did you talk to about your decision?

c. What information was critical to your decision?

What influenced your decisions?

a. Whether to attend college full time or enter the workforce full time

b. Whether to buy a new textbook or a used one

c. Whether to attend a local college or an out-of-town college

DQ2 Current Event Article Discussion

Each week, we will discuss different topics relating to Macroeconomics and show examples of real world application through this current event discussion forum.

Each classmate will be responsible for providing an article for discussion.  Please read all directions before posting. You only have to post one article throughout the course, so find your name on the list to learn when it is your turn, and what topic to cover! Everyone will "reply" to the articles posted.

Schedule of current event topics and posts dates (Modules):

Module 1 - Chapter 1 - I will provide the article and topic of discussion.

Module 2 - Chapter 2 - Hailey A., Jessica G., Jeel R.

Module 3 -  Chapter 3 -  Nicholas, B., William G., Sarah S.

                     Chapter 4 - Ronald C., Megan H., Eli S.

Module 4 - Chapter 5 -  Madeline C., Megan K., Matthew S.

                   Chapter 7 - Kennith C., David K.

Module 5 - Chapter 11 - Katherine C., Amber M., Rolanda V.

                    Chapter 13 - Ashlee D., Christian O.

Module 6 - Chapter 14 - Deanna S., Cassandra O., Elizabeth W.

                    Chapter 15- Brian G., Amisha R.

Your task is two-fold:

1) When it is your turn to post an article - Find a current article (6 months old or sooner), provide the link and a short (1 paragraph summary), and the class will discuss thoughts. Your article should reflect the chapter/topic we are discussing. You must post the link to the discussion forum on Monday by 11:55 pm. This will count as a separate assignment, so do not count it as one of your replies toward discussion. This is only when it is your week for the initial reply.

2) When it is not your week to post an article - Reply to other student article posts/summaries. Think about how the topic relates to what we are covering in the chapters. Does this concept affect you directly/indirectly? What are the impacts on economics?

(You are also required to write up a summary of the article, how it relates to the topics we covered in class and your personal thoughts, via a word document. There is a rubric provided under Assignments for the individual assignments. This part will not be due until Module 7, but I want you to be prepared.)

You will receive a separate grade for your post with the article and summary, so it does not count as a discussion reply. If you need more explanation, please send me an email.

 

ECO105 Macroeconomics

Module 2 Discussion

DQ1 Business Types

In an economic system, there are different types of businesses.

Sole Proprietorships: Single-owner firms facing unlimited liability; most common form of U.S. business organization in terms of total numbers: 72% of businesses, but only 4% of U.S. sales.

Partnerships: Multiple-owner firms with each owner bearing unlimited liability; continuity problems exist with death or departure of one partner.

Corporations:

· Legal entities established through articles of incorporation.

· Liability limited to the value of stock holdings.

· Life apart from those of the owners.

· Most important form of U.S. business organization in terms of total sales: 84%.

(McEachern, W. A. (2019). Macro econ: principles of macroeconomics. Boston, MA: Cengage Learning, Inc.)

To-Do:

Search the Internet for a business. Explain what type of business you found and list at least 2 advantages and 2 disadvantages of that business type in today's economy.

As you reply, think about each company. Do you use this company? Why or why not? Were you aware of the business type? How did you know? Add anything else you would like pertaining to the business.

Make sure if you are utilizing outside sources to document where the information was retrieved. Document those sources in your post/reply.

DQ2 Current Event Article Discussion

Each week, we will discuss different topics relating to Macroeconomics and show examples of real world application through this current event discussion forum.

Each classmate will be responsible for providing an article for discussion.  Please read all directions before posting. You only have to post one article throughout the course, so find your name on the list to learn when it is your turn, and what topic to cover! Everyone will "reply" to the articles posted.

Schedule of current event topics and posts dates (Modules):

Module 1 - Chapter 1 - I will provide the article and topic of discussion.

Module 2 - Chapter 2 - Hailey A., Jessica G., Jeel R.

Module 3 -  Chapter 3 -  Nicholas, B., William G., Sarah S.

                     Chapter 4 - Ronald C., Megan H., Eli S.

Module 4 - Chapter 5 -  Madeline C., Megan K., Matthew S.

                   Chapter 7 - Kennith C., David K.

Module 5 - Chapter 11 - Katherine C., Amber M., Rolanda V.

                    Chapter 13 - Ashlee D., Christian O.

Module 6 - Chapter 14 - Deanna S., Cassandra O., Elizabeth W.

                    Chapter 15- Brian G., Amisha R.

Your task is two-fold:

1) When it is your turn to post an article - Find a current article (6 months old or sooner), provide the link and a short (1 paragraph summary), and the class will discuss thoughts. Your article should reflect the chapter/topic we are discussing. You must post the link to the discussion forum on Monday by 11:55 pm. This will count as a separate assignment, so do not count it as one of your replies toward discussion. This is only when it is your week for the initial reply.

2) When it is not your week to post an article - Reply to other student article posts/summaries. Think about how the topic relates to what we are covering in the chapters. Does this concept affect you directly/indirectly? What are the impacts on economics?

(You are also required to write up a summary of the article, how it relates to the topics we covered in class and your personal thoughts, via a word document. There is a rubric provided under Assignments for the individual assignments. This part will not be due until Module 7, but I want you to be prepared.)

You will receive a separate grade for your post with the article and summary, so it does not count as a discussion reply. If you need more explanation, please send me an email.

 

ECO105 Macroeconomics

Module 3 Discussion

DQ1 Economic Decision Making

BACKGROUND

In the early 1990s, crime emerged as perhaps the central issue in domestic American politics. The rate of violent and property crimes had risen steadily for decades, and the increase during the 1980s was pronounced -- in 1980, there were 597 violent crimes per 100,000 persons, while in 1991 there were 758 such crimes per 100,000 persons, according to the FBI's Uniform Crime Report.

The rise in crime rates led to efforts to extend prison sentences, often by mandating minimum sentences for particular crimes (e.g., "three strikes" laws) and by putting an end to the discretion that allowed judges to impose variable sentences. As prison sentences grew, so did the inmate population: In 1980, there were about 500,000 people in state and federal prisons and local jails. In 1995, that number was 1.6 million; in 2005 it reached 2.2 million.

The exploding inmate population necessitated a boom in federal and state prison construction. Much of the prison boom has been concentrated in small towns and rural areas that have seen their economic base erode as industry and factories close down or relocate. One study reported that 350 rural counties saw prisons open between 1980 and 2001. The possibilities of employment and a boost for local businesses are often part of the campaign to bring prisons to such localities, and have led some small towns to offer extraordinary concessions to attract them. Among the offerings are free land, road construction and infrastructure upgrades.

The promised benefits, however, are not always realized. The jobs that new prisons bring are often filled by outsiders. Local workers may not be qualified for some positions, such as corrections officer, and may find that the work for which they are qualified is being performed instead by prison labor. Secondary benefits, such as contracts with local businesses to provide goods or services to the prison, may not last, as prison management chooses to renegotiate contracts or outsource aspects of the work. A 2003 study of prisons (see the Resources section (Links to an external site.)) sited in rural communities found that there was no overall effect on local employment, per capita income or consumer spending, three leading indicators of economic vitality.

For discussion, consider the following:

Imagine that you are members of a planning commission for a small, rural community that is economically depressed. The state wants to build another prison and thinks some state-owned land in your area would be the ideal location. Either, you will favor the idea of hosting a prison in your community, or you are against it. Create a persuasive presentation that makes your case either for or against bringing a prison to town.

For replies, compare and contrast your answers with fellow classmates.

Make sure if you are utilizing outside sources to document where the information was retrieved. Document those sources in your post/reply.

DQ2 Current Event Article Discussion

Each week, we will discuss different topics relating to Macroeconomics and show examples of real world application through this current event discussion forum.

Each classmate will be responsible for providing an article for discussion.  Please read all directions before posting. You only have to post one article throughout the course, so find your name on the list to learn when it is your turn, and what topic to cover! Everyone will "reply" to the articles posted.

Schedule of current event topics and posts dates (Modules):

Module 1 - Chapter 1 - I will provide the article and topic of discussion.

Module 2 - Chapter 2 - Hailey A., Jessica G., Jeel R.

Module 3 -  Chapter 3 -  Nicholas, B., William G., Sarah S.

                     Chapter 4 - Ronald C., Megan H., Eli S.

Module 4 - Chapter 5 -  Madeline C., Megan K., Matthew S.

                   Chapter 7 - Kennith C., David K.

Module 5 - Chapter 11 - Katherine C., Amber M., Rolanda V.

                    Chapter 13 - Ashlee D., Christian O.

Module 6 - Chapter 14 -Deanna S., Cassandra O., Elizabeth W.

                    Chapter 15- Brian G., Amisha R.

Your task is two-fold:

1) When it is your turn to post an article - Find a current article (6 months old or sooner), provide the link and a short (1 paragraph summary), and the class will discuss thoughts. Your article should reflect the chapter/topic we are discussing. You must post the link to the discussion forum on Monday by 11:55 pm. This will count as a separate assignment, so do not count it as one of your replies toward discussion. This is only when it is your week for the initial reply.

2) When it is not your week to post an article - Reply to other student article posts/summaries. Think about how the topic relates to what we are covering in the chapters. Does this concept affect you directly/indirectly? What are the impacts on economics?

(You are also required to write up a summary of the article, how it relates to the topics we covered in class and your personal thoughts, via a word document. There is a rubric provided under Assignments for the individual assignments. This part will not be due until Module 7, but I want you to be prepared.)

You will receive a separate grade for your post with the article and summary, so it does not count as a discussion reply. If you need more explanation, please send me an email.

 

ECO105 Macroeconomics

Module 4 Discussion

DQ1 Subprime Mortgages

Subprime mortgages are loans to home-buyers with not-so-good credit ratings. Prior to the financial crisis of 2008, hundreds of subprime mortgages would be bundled together and sold as a mortgage-backed security. The feeling at the time was that housing prices would continue to rise, so if any of these risky borrowers were to default on their mortgage, the house itself would become valuable collateral to pay off the loan. But when housing prices began to slide, holders of mortgage-backed securities lost a bundle, and the entire financial system became unglued. Credit dried up.

The government first tried to stabilize markets by investing in financial institutions. Later, the Dodd-Frank Act of 2010, the most sweeping reform of financial markets since the Great Depression, authorized regulators to write and interpret hundreds of new financial rules. Banks are back to being more tightly regulated about the kinds of assets they can own and trade.

For discussion, consider the following:

How is this still affecting the economy today?

Make sure if you are utilizing outside sources to document where the information was retrieved. Document those sources in your post/reply.

DQ2 Current Event Article Discussion

Each week, we will discuss different topics relating to Macroeconomics and show examples of real world application through this current event discussion forum.

Each classmate will be responsible for providing an article for discussion.  Please read all directions before posting. You only have to post one article throughout the course, so find your name on the list to learn when it is your turn, and what topic to cover! Everyone will "reply" to the articles posted.

Schedule of current event topics and posts dates (Modules):

Module 1 - Chapter 1 - I will provide the article and topic of discussion.

Module 2 - Chapter 2 - Hailey A., Jessica G., Jeel R.

Module 3 -  Chapter 3 -  Nicholas, B., William G., Sarah S.

                     Chapter 4 - Ronald C., Megan H., Eli S.

Module 4 - Chapter 5 -  Madeline C., Megan K., Matthew S.

                   Chapter 7 - Kennith C., David K.

Module 5 - Chapter 11 - Katherine C., Amber M., Rolanda V.

                    Chapter 13 - Ashlee D., Christian O.

Module 6 - Chapter 14 - Deanna S., Cassandra O., Elizabeth W.

                    Chapter 15- Brian G., Amisha R.

Your task is two-fold:

1) When it is your turn to post an article - Find a current article (6 months old or sooner), provide the link and a short (1 paragraph summary), and the class will discuss thoughts. Your article should reflect the chapter/topic we are discussing. You must post the link to the discussion forum on Monday by 11:55 pm. This will count as a separate assignment, so do not count it as one of your replies toward discussion. This is only when it is your week for the initial reply.

2) When it is not your week to post an article - Reply to other student article posts/summaries. Think about how the topic relates to what we are covering in the chapters. Does this concept affect you directly/indirectly? What are the impacts on economics?

(You are also required to write up a summary of the article, how it relates to the topics we covered in class and your personal thoughts, via a word document. There is a rubric provided under Assignments for the individual assignments. This part will not be due until Module 7, but I want you to be prepared.)

You will receive a separate grade for your post with the article and summary, so it does not count as a discussion reply. If you need more explanation, please send me an email.

 

ECO105 Macroeconomics

Module 5 Discussion

DQ1 Fiscal Policy

According to the textbook, increased government purchases, with taxes held constant, can eliminate a recessionary gap.

How could a tax cut achieve the same result?

Would the tax cut have to be larger than the increase in government purchases? Why or why not?

I look forward to your thoughts.

DQ2 Current Event Article Discussion

Each week, we will discuss different topics relating to Macroeconomics and show examples of real world application through this current event discussion forum.

Each classmate will be responsible for providing an article for discussion.  Please read all directions before posting. You only have to post one article throughout the course, so find your name on the list to learn when it is your turn, and what topic to cover! Everyone will "reply" to the articles posted.

Schedule of current event topics and posts dates (Modules):

Module 1 - Chapter 1 - I will provide the article and topic of discussion.

Module 2 - Chapter 2 - Hailey A., Jessica G., Jeel R.

Module 3 -  Chapter 3 -  Nicholas, B., William G., Sarah S.

                     Chapter 4 - Ronald C., Megan H., Eli S.

Module 4 - Chapter 5 -  Madeline C., Megan K., Matthew S.

                   Chapter 7 - Kennith C., David K.

Module 5 - Chapter 11 - Katherine C., Amber M., Rolanda V.

                    Chapter 13 - Ashlee D., Christian O.

Module 6 - Chapter 14 -Deanna S., Cassandra O., Elizabeth W.

                    Chapter 15- Brian G., Amisha R.

Your task is two-fold:

1) When it is your turn to post an article - Find a current article (6 months old or sooner), provide the link and a short (1 paragraph summary), and the class will discuss thoughts. Your article should reflect the chapter/topic we are discussing. You must post the link to the discussion forum on Monday by 11:55 pm. This will count as a separate assignment, so do not count it as one of your replies toward discussion. This is only when it is your week for the initial reply.

2) When it is not your week to post an article - Reply to other student article posts/summaries. Think about how the topic relates to what we are covering in the chapters. Does this concept affect you directly/indirectly? What are the impacts on economics?

(You are also required to write up a summary of the article, how it relates to the topics we covered in class and your personal thoughts, via a word document. There is a rubric provided under Assignments for the individual assignments. This part will not be due until Module 7, but I want you to be prepared.)

You will receive a separate grade for your post with the article and summary, so it does not count as a discussion reply. If you need more explanation, please send me an email.

 

ECO105 Macroeconomics

Module 6 Discussion

DQ1 Banking

In chapters 14 and 15, we discuss banking and the banking system. Let's start this week's discussion with your own banking experiences.

Do you have a bank account? Checking/savings/etc.

https://youtu.be/zLUkEPO1D88

Do you write checks or use a debit card?

Check out this video. Do you take advantage of any of these concepts?

Make sure if you are utilizing outside sources to document where the information was retrieved. Document those sources in your post/reply.

DQ2 Current Event Article Discussion

Each week, we will discuss different topics relating to Macroeconomics and show examples of real world application through this current event discussion forum.

Each classmate will be responsible for providing an article for discussion.  Please read all directions before posting. You only have to post one article throughout the course, so find your name on the list to learn when it is your turn, and what topic to cover! Everyone will "reply" to the articles posted.

Schedule of current event topics and posts dates (Modules):

Module 1 - Chapter 1 - I will provide the article and topic of discussion.

Module 2 - Chapter 2 - Hailey A., Jessica G., Jeel R.

Module 3 -  Chapter 3 -  Nicholas, B., William G., Sarah S.

                     Chapter 4 - Ronald C., Megan H., Eli S.

Module 4 - Chapter 5 -  Madeline C., Megan K., Matthew S.

                   Chapter 7 - Kennith C., David K.

Module 5 - Chapter 11 - Katherine C., Amber M., Rolanda V.

                    Chapter 13 - Ashlee D., Christian O.

Module 6 - Chapter 14 - Deanna S., Cassandra O., Elizabeth W.

                    Chapter 15- Brian G., Amisha R.

Your task is two-fold:

1) When it is your turn to post an article - Find a current article (6 months old or sooner), provide the link and a short (1 paragraph summary), and the class will discuss thoughts. Your article should reflect the chapter/topic we are discussing. You must post the link to the discussion forum on Monday by 11:55 pm. This will count as a separate assignment, so do not count it as one of your replies toward discussion. This is only when it is your week for the initial reply.

2) When it is not your week to post an article - Reply to other student article posts/summaries. Think about how the topic relates to what we are covering in the chapters. Does this concept affect you directly/indirectly? What are the impacts on economics?

(You are also required to write up a summary of the article, how it relates to the topics we covered in class and your personal thoughts, via a word document. There is a rubric provided under Assignments for the individual assignments. This part will not be due until Module 7, but I want you to be prepared.)

You will receive a separate grade for your post with the article and summary, so it does not count as a discussion reply. If you need more explanation, please send me an email.

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