ECO 203 NEW Course Tutorial/UOPHELP

ECO 203 NEW Course Tutorial/UOPHELP

ECO 203 Week 1 DQ 1 Economics Systems


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Economics Systems-Discussion 1
Discuss how your college education could be considered an investment in human capital. What is the opportunity cost of your degree?
Reference: Chapter 1, section 1.1: Economics and Chapter 2, section 2.1: Limited Resources.


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ECO 203 Week 1 DQ 2 Role of Government


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Role of Government-Discussion 2

Economics is the study of how society chooses to allocate its scarce productive resources (labor, capital, land, entrepreneurial talent).
In a mixed economy, elements of both central planning and market allocation of resources are used in allocating productive resources. The United States economy is a mixed economy, with a bias towards market allocation of resources. This means most resources are allocated in the private sector by way of markets.
Discuss whether you favor a larger or smaller role of government in the economy. Refer to concepts found in the reading to support your opinion.
Reference: Chapter 2: Markets, Governments, and Nations: The Organization of Economic Activity
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ECO 203 Week 1 Question


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Discuss how your college education could be considered an investment in human capital. What is the opportunity cost of your degree?

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ECO 203 Week 2 DQ 1 The Current State of the Economy and Unemployment


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The Current State of the Economy and Unemployment
Imagine a scenario where...

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