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post university eco202 all week discussions

Question # 00008090
Subject: Economics
Due on: 03/28/2014
Posted On: 02/08/2014 07:46 PM

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Unit 1 discussion

In your opinion should our government impose price floors and/or price ceilings in our economy? Do they do more harm than good?

Do you feel there is an excessive amount of regulation in our economy in general? Why or why not?

Make sure to stay on topic. If you want to discuss something else, please use the "Optional" discussion thread. Also, please respond to at least

two of your classmates' posting.



Unit 2 Discussion

This Unit looks at the costs of taxation on products in our economy.

Do you feel we are overtaxed in our economy? Why or Why not?

Do we have too many imported goods in our economy? Why or Why not?

Make sure to stay on topic.

If you want to discuss something else please use the "Optional" discussion thread.Also, respond to at least two of your classmates' posting




Unit 3 Discussion

This Unit we look at externalities and public goods.

Please give an example of an externality (positive or negative) that you have experienced AND a benefit from a public good.

Make sure to stay on topic. If you want to discuss something else please use the "Optional" discussion thread. Also, respond to at least two of your

classmates' postings.




Unit 4 Discussion

You are a utilitarian social planner and have a very limited number of vaccines to a new and potentially deadly virus.

How do you allocate them? Do you:

give them to specific groups, such as high-risk populations, or

sell them to the highest bidder and rebate the revenue lump-sum to everyone?

If you choose (A), do you allow those individuals allocated the vaccine to sell their dose to someone else?

Remember -your goal is to Maximize Total Utility.

Make sure to stay on topic. If you want to discuss something else please use the "Optional" discussion thread.

Also, respond to at least two of your classmates' postings




Unit 5 Discussion

We have now looked at the four economic market models.

In your opinion, which is the best market model and which is the worst?

Please give examples to back up your thoughts.

Also, give an example of your best and worst market model.

Make sure to stay on topic.

If you want to discuss something else please use the "Optional" discussion thread.

Also, respond to at least two of your classmates' posting





Unit 6 Discussion

In this Unit we have looked at some of the factors of production such as labor.

Do you feel you are fairly compensated for the work you do?

Do you feel there are any imbalances to our wage structure in our economy? Please use examples to back up your thoughts.

Make sure to stay on topic. If you want to discuss something else please use the "Optional" discussion thread.

Also, respond to at least two of your classmates' postings.




Unit 7 Discussion

In this Unit we have looked at earnings and a view on education and its impact on earnings. In your opinion, do you feel education is important in getting a better job and earning more money. Why or why not? Do you believe there are opportunity costs to furthering your education? If so, what are they? If not, why?

Make sure to stay on topic. If you want to discuss something else please use the "Optional" discussion thread. Also, respond to at least two of your classmates' postings.





Unit 8 Discussion

In Unit 5, I had each of my ECO202 courses take slightly different surveys (if you missed it, it was in Unit 5).

One group answered:

You go to an electronic store to buy a new MP3 player.

When finally deciding on a $55 player, a customer in the store hands

you an advertisement showing the same exact MP3 player is on sale for

$35 at the store 20 minutes down the road. The products are identical, guaranteed to be in stock, and come with the same warrantee. What store do you make the purchase?

A) The current store you are in for $55

B) The store 20 minutes away for $35

And the other group answered:

You go to an electronic store to buy a new Digital Camera.

When finally deciding on a $500 camera, a customer in the store hands

you an advertisement showing the same exact camera is on sale for $480

at the store 20 minutes down the road. The products are identical, guaranteed to be in stock, and come with the same warrantee. What store do you make the purchase?

A) The current store you are in for $500

B) The store 20 minutes away for $480

In each case the savings was $20 to travel the 20 minutes. Classical economics would tell us the two decisions would have the same benefits and costs (including opportunity costs) associated with it. Why then did 89% of you choose to travel for the MP3 Player, but only 40% travel for the same savings for the digital camera? Can behavioral economics give us insight into these results?Make sure to stay on topic. If you want to discuss something else please use the "Optional" discussion thread. Also, respond to at least two of your classmates' postings

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Tutorial Preview …8 xxxxxxx in xxxxxx then someone xxx earns 400 xxxxxxx should xxx xx dollars xx taxes I xxxxx that it xx something xxxx xxx economy xxx to have xx order to xxx and xxxxxx xxxxx however xxxx the government xxxx to apply xx debt xx xxxxxxxxxxxxx less xxxx what we xxx spending on xxxxx So xx xxx hand x do feel xxxx taxes are xxxxxxxxxx yet xx xxx other xxxx I would xxx it is xxxxxxxxxx with xxxxxxxxx xxxx it xxxxx to imports xxxxxxxx I feel xxxx we xx xxxx heavily xx imported goods, xxxxx is not xxxx When xxx xxxx at xxx imports and xxxxxxxx is it xxxxxxx i xx xxx feel xx is Just xxxxxxx that means xxxx is xxxx xxxx we xxxx in the xxxxxx states which xx turn xxxxxxxx xxx amount xx income produced xxxxxx the United xxxxxxx as xxxx xx reducing xxx amount of xxxxx turned into xxx and xxxxxxx xxx there xxx some things xx need, and xxxx to xxxxxxx xxx when xx import more xxxx we export xx have x xxxxxxx We xxxx to better xxxxxxx our economy xxxx home xxxxx xxxxxx that xx can potentially xxxxxx to increase xxx income xxxxxx xxx United xxxxxx Which in xxxx will create xxxx jobs xxx xxxx money xx our economy xxxx 3 Discussion xxxx Unit xx xxxx at xxxxxxxxxxxxx and public xxxxx Please give xx example xx xx externality xxxxxxxxx or negative) xxxx you have xxxxxxxxxxx AND x xxxxxxx from x public good xxxx sure to xxxx on xxxxx xx you xxxx to discuss xxxxxxxxx else please xxx the xxxxxxxxxx xxxxxxxxxx thread xxxxx respond to xx least two xx your xxxxxxxxxxx xxxxxxxx An xxxxxxx of a xxxxxxxx externality that x have xxxxxxxxxxx xx being xxxx to pursue xx degree online xxxxxx going xx xx actual xxxxxx It allows xx to take xx many xx xx few xxxxxxx that suit xx needs and xxxx me xxx xxxxxxxxxxx of xxxxxxxxx class on xx schedule I xxxx attempted xxxxxxx xxxxx to xx back to xxxxxxx to get xx degree xxx xxxxxxx feel xxxx this opportunity xxxx Post University xxx provided xxxxxx xx excuses xx finish this xxxx Going to xxxxxx online xx xxxxxxxxxx by xxx government no xxxxxxxxxxx than attending xxxxxxxxxxxxx and xxxxx xx allowing xxxxxxxx no matter xxxx age to xxxxx for xxxxxxxxx xxx and xxxxxxx loans A xxxxxxx from a xxxxxx good xxxx xxxxx to xxxx is our xxxxx church The xxxxx are xxxxxx xxxx to xxx public to xxxxxxx regardless of xxxxxxxxxxxx I xx xxx profess xx be of xxx particular demonination xxx I xx xxxxxxxx with xxxx arms at xxx Catholic church xx husband xxxxxxx xx It xx a public xxxx that does xxx rival xx xxxxxxxxxxx as xxxxxx can come xx at any xxxx and xx xxxx not xxxxxxx anyone from xxxxxx in to xxxxxxx their xxxxx xxxx 4 xxxxxxxxxx You are x utilitarian social xxxxxxx and xxxx x very xxxxxxx number of xxxxxxxx to a xxx and xxxxxxxxxxx xxxxxx virus xxx do you xxxxxxxx them? Do xxxx give xxxx xx specific xxxxxxx such as xxxxxxxxx populations, or xxxx them xx xxx highest xxxxxx and rebate xxx revenue lump-sum xx everyone? xx xxx choose xxxx do you xxxxx those individuals xxxxxxxxx the xxxxxxx xx sell xxxxx dose to xxxxxxx else? Remember xxxxx goal xx xx Maximize xxxxx Utility Make xxxx to stay xx topic xx xxx want xx discuss something xxxx please use xxx "Optional" xxxxxxxxxx xxxxxx Also, xxxxxxx to at…
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Preview: product xxx does xxx limit you xxxx a perfect xxxxxxxxxxx Unit x xxxxxxxxxxxx this xxxx we have xxxxxx at some xx the xxxxxxx xx production xxxx as labor xx you feel xxx are xxxxxx xxxxxxxxxxx for xxx work you xxxxx you feel xxxxx are xxx xxxxxxxxxx to xxx wage structure xx our economy? xxxxxx use xxxxxxxx xx back xx your thoughts xxxx sure to xxxx on xxxxx xx you xxxx to discuss xxxxxxxxx else please xxx the xxxxxxxxxx xxxxxxxxxx thread xxxxx respond to xx least two xx your xxxxxxxxxxx xxxxxxxx My xxxxxx might have xxxx no in xxx past xxx x really xxxxx that as xx today and xxx current xxxxxxxx x hold, x am compensated xxxx for the xxxx I xx x finally xxxx like I xxxx a position xxxx treats xx xxxx the xxxxxxx of an xxxxx I have x supervisor xxx x am xxx micromanaged to xxxxx I don't xxxxx a xxxx xxxxx any xxxxxx and what x do now, xx is xxxx xxxxx the xxxxxxx of work xxx do and xxxxxxx it xxxx xxxx making xxxx you beat xxx clock to xxxxx in xxx xxx via x time clock xxx I do xxxxx there xxx xxxx imbalances xx our wage xxxxxxxxx When I xxxxxx in xxx xxxxxxx business, xxx positions the xxxxxx held dictated xxx amount xx xxxxx you xxxx In my xxxxxxx what incentive xx that xx xx your xxxx best at xxxx job? It xxx frustrating xx xx to xxxxx people make xxx same amount xx money xx x did xxx only perform xxxxx job well xxxxxx as xx xxx get xxxxx I would xxxxx get transferred xx clean xx xxxxxxx else's xxxx and there xxx no compensation xxx a xxx xxxx done xx until this xxxx at my xxxxxxx job xx xxx the xxxx way People xxxx given just x blanket xxxxx xx any, xxx everyone got xxx same percentage xxxxxx This xxxx xx have x new GM xxx it was xxxx based xx xxx performance xxxxx is the xxx it should xx Unit x xxxxxxxxxxxx this xxxx we have xxxxxx at earnings xxx a xxxx xx education xxx its impact xx earnings In xxxx opinion, xx xxx feel xxxxxxxxx is important xx getting a xxxxxx job xxx xxxxxxx more xxxxx Why or xxx not? Do xxx believe xxxxx xxx opportunity xxxxx to furthering xxxx education? If xxx what xxx xxxxx If xxxx why?Make sure xx stay on xxxxx If xxx xxxx to xxxxxxx something else xxxxxx use the xxxxxxxxxx discussion xxxxxx xxxxx respond xx at least xxx of your xxxxxxxxxxx postings xx xxxx opinion, xx you feel xxxxxxxxx is important xx getting x xxxxxx job xxx earning more xxxxx Why or xxx not?Yes, xxxxxxxxx xx important xx getting a xxxxxx job and xxxxxxx more xxxxxx xxxxxxxx without x degree many xxxxxxxxx won’t hire xxx without xxx xxxxxxxxxx since xxxxx are so xxxx people looking xxx a xxx xxxx companies xxx be more xxxxxxxxx and require xx associates, xxxxxxxxx xx masters xx is no xxxxxx sufficient to xxxx have xxxxxxxxxx xx the xxxxx The companies xxxx don’t require x degree xxxx xxxxxxxx pay xxxx than a xxxxxxx that requires x degree xxxxxx xxx degree xxxx affect the xxxxxx of money xxx earn xx x job xx you believe xxxxx are opportunity xxxxx to xxxxxxxxxx xxxx education? xx so, what xxx they? If xxxx why?Yes, xxx xxxx.....
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