ECO 205 Economic Theory
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ECO 205 Week 7 DQ 1 And DQ 2
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Week 7 DQ 1
What are the advantages and disadvantages of using the Gross Domestic Product (GDP) as a measure of productivity and economic health? Explain your answers.
Week 7 DQ 2
Discuss the relationship between the level of GDP and economic well-being. What factors of well-being are missing from the GDP? Is there a point where the GDP could increase to such a high level that economic well-being could be compromised? If so, describe some of the opportunity costs associated with maximizing the GDP.
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ECO 205 Week 1 CheckPoint Principles of Economics
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Resource: Principles of Economics and Economist.com.
Complete question 16 under Problems and Applications in Ch. 1 of Principles of Economics.
Find three current articles about the economy on http://www.economist.com.
Post a 200- to 300-word response identifying one unique principle for each article.
Note: Disregard the last part of question 16, asking you to look at the table of contents.
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ECO 205 Week 1 DQ 1 And DQ 2
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Week 1 DQ 1
The principles of economics influence your decision making, interaction with others, and the economy as a whole. Give one example of how you are personally affected by each of the three areas. Are you affected positively or negatively? Explain your reasoning. How...