Macroeconomics

Task: Develop and describe two scenarios where two countries are making two products or taking two different actions: A. In the first scenario, describe a situation where one player has absolute advantage in two goods or actions B. In the second scenario, describe a situation where each player has an absolute advantage in one of … Read more

Opportunity Cost

PROMPT:  One of the major concerns related to the US economy at the moment is INFLATION. On this Discussion you will start exploring this topic.  As so many economists say “ uncontrolled inflation is too much money chasing the same goods and services” Here you will research the forces behind inflation. Make sure you leave … Read more

Week 4 Milestone 2

 Milestone 2 comprises reading from Weeks 3 and 4 (Chapters 29-33). Include these critical requirements in your submission: How do inflation, unemployment, aggregate demand, and supply in the company’s key market (country) affect the company’s profitability? Discuss the five transmission mechanisms (intertemporal substitution, uncertainty, and irreversible investments, labor adjustment costs, time bunching, and network effects … Read more

Week 2 Assignment: Blog Post 1

 This class does not have discussion boards. The Regent University Economics faculty have established and maintain a blog called Economics is Everywhere (https://rueconblog.wixsite.com/website). Instead of a discussion board requirement, ALL online economics classes participate in the blog. You are encouraged to participate frequently but there are two weeks (Week 2 and 6) in which your … Read more

Income and Wealth Inequality

Describe how a country can measure its income inequality. Evaluate the trend in the measure of income inequality for the United States from 1940–2020. Evaluate the roles of globalization and advances in technology as causes of widening income inequality in the United States. Compare wealth inequality to income inequality. Explain trends in wealth inequality in … Read more

Macroeconomics

  Competencies In this project, you will demonstrate your mastery of the following competencies: Make decisions informed by macroeconomic principles and the business cycle Determine the economic impact of historical and current events using models of macroeconomics Assess how changes to macroeconomic policies impact the economy Scenario You have just completed your seven-year term as … Read more