Economics for Managers ECO 6301 Unit II This unit’s readings include information on pricing. You are introduced to the shutdown price, using elasticity to determine the effects of price changes, and cost-based pricing. Discuss the importance of considering elasticity in pricing decisions and the danger of relying solely on costs. Your initial post should be…

Politicians often warn about problems associated with the U.S. trade deficit. For this discussion, cordially debate whether the U.S. should be concerned about the trade deficit. For your initial post, first discuss how the balance of payments can influence exchange rates and purchasing power. Then take a position either for or against trade deficits. In…

For this discussion forum, you may choose to use Walmart as an example or select a new company, as long as you address the following prompts. Discuss how comparative analysis, trade restrictions, tariffs, and exchange rates of your chosen company will impact the decision to expand. You need to take these macroeconomic concepts and apply…

What helps economists forecast the economy? Imagine you are presenting the index of leading indicators concept to a small group of newly hired analysts. In a minimum of 200 words, with at least two scholarly and credible resources, Discuss the index of the leading indicators. Is the Phillips curve a helpful predictor? Why or why…

The United States’ monetary policy is largely determined by the Federal Reserve Bank (Fed). For this discussion, you will cordially debate the necessity of the Fed. For your initial post, address the following: How does the Fed control the money supply? Be sure to explain how they can expand or restrict the money supply. How…

https://www.usdebtclock.org/ In your post, you will cordially debate a controversial and often misunderstood macroeconomic topic. The huge U.S. government debt continues to grow and is constantly reported in the news. For your initial post address the following: Is the large and increasing national debt an issue Americans should be concerned about? Your initial response should…

How is unemployment calculated, and what is and is not included in the calculation? What were the unemployment figures for the last three quarters in the United States? Why is unemployment often mentioned in business news and used as an important metric for the economy? What might cause the unemployment numbers to be questioned from…

What is measured and, just as importantly, what is not measured in the GDP? What has GDP been for the last three quarters in the United States? Why is GDP often mentioned in business news and used as an important metric for the economy? Is this number accurate? What are the pros and cons of…

For this discussion you will debate with your peers the concept of increasing minimum wage. To participate in a knowledgeable debate, you must have a firm understanding of each side of the issue. Your textbook discusses minimum wage in detail and like many traditional economists, for the most part, does not support increasing the minimum…

Define capitalism and socialism and provide examples of countries that govern using each structure. Discuss why capitalism and socialism are currently spotlighted in U.S. politics giving the pros and cons of each organizational structure. Be specific and give supporting facts, not just opinions. Finally, address the question: Does capitalism create wealth inequality and is this…