Shopping Cart
Your shopping cart is empty!
Categories
ECO 561 Week 1 Assignment Influence of Economics on Household Decision (2 Papers)
$9.00

ECO 561 Week 1 Assignment Influence of Economics on Household Decision (2 Papers)

This Tutorial was purchased 25 times & rated A+ by student like you.

 

This Tutorial contains following Attachments

  • ECO 561 NS Week 1 Assign Influ of Eco on Household Decision.docx

This Tutorial contains 2 Papers

Purpose of Assignment 

To locate, retrieve, and evaluate the effects of macroeconomic indicators on your own decision making. 

Assignment Steps 

Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. 

Scenario: Consider your last big purchase such as a car, appliances, home repairs, home purchase, computer equipment, college tuition, or another "big-ticket" item, which are often purchased using loans/financing (by borrowing money). Also consider your decision-making process that led you to choose a particular make, model, or brand of the product (or service) you purchased and whether it was the right time to make the purchase given economic conditions at the time of your purchase. While analyzing your decision, keep in mind everything from interest rates to the prices of complementary and substitute goods are driven by human economic behavior. 

Develop a minimum 1,050-word analysis of your decision-making process in which you include the following:

  • Retrieve statistics on Real Gross Domestic Product (GDP) and on Real Personal Consumption Expenditures (PCE) by year for the last ten years. You can retrieve those statistics from internet sources including, but not limited to, the Federal Reserve of St. Louis's FRED web site, the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) web site, or another credible source of your choice. Post these statistics in a single worksheet of an Excel® workbook and submit your Excel® file with your report. In your report, discuss the latest 10-year trends in both GDP and PCE. Also discuss how the trends in GDP compare with trends in PCE. You are encouraged to include graphs of these statistics in your report; you could create the graphs in Excel®and copy them into your report.
  • Retrieve statistics on the Effective Federal Funds Rate and on the Consumer Price Index: All Items Less Food and Energy by year for the last 30 years. You can retrieve those statistics from internet sources including, but not limited to, the Federal Reserve of St. Louis's FRED web site, the U.S. Department of Labor's Bureau of Labor Statistics (BLS) web site, or other credible sources of your choice. Post these statistics in a single worksheet of an Excel® workbook and submit your Excel® file with your report. In your report, discuss how the trends in the Effective Federal Funds Rate compare with trends in inflation. If you took out a loan to pay for your "big-ticket" purchase, what was the interest rate on your loan? Were interest rates rising or falling at that time?  Were interest rates relatively high or low at that time? You are also encouraged to include graphs of these statistics in your report.
  • Discuss the influence of any Federal government or state government programs, such as tax credits or tax deductions for energy-saving/efficiency purchases, on your decision to make your last big purchase; or if government incentives did not factor into your decision, explain why not.
  • Develop conclusions about the economy's influence on personal and business decision-making relative to purchases of big-ticket items, investments, or other major purchases. 

Cite a minimum of three peer-reviewed sources. Note: The Federal Reserve of St. Louis, the Bureau of Economic Analysis, and the Bureau of Labor Statistics can be cited to fulfill this requirement. 

Format your paper consistent with APA guidelines. 

Click the Assignment Files tab to submit your assignment. Be sure you submit your paper as well as the two required Excel® files.

Write a review

Order Id


Order Id will be kept Confidential
Your Name:


Your Review:
Rating:   A   B   C   D   F  

Enter the code in the box below:



Related Tutorials
$3.00

This Tutorial was purchased 2 times & rated A by student like you.

How much has the growth in international trade impacted your company, or industry? Has the devaluation of the U.S. dollar impacted your company, or industry? Explain.  ..
$3.00

This Tutorial was purchased 2 times & rated A by student like you.

How would you evaluate monetary policy today?  Is monetary policy contradictory with fiscal policy? Why or Why not?  Support your analysis with examples. ..
$3.00

This Tutorial was purchased 1 times & rated A+ by student like you.

How does the Federal Reserve's monetary policy affect your industry's, or company's growth?  ..
$3.00

This Tutorial was purchased 2 times & rated B+ by student like you.

How would you evaluate monetary policy today?  Is monetary policy contradictory with fiscal policy? Why or Why not?  Support your analysis with examples. ..
$3.00

This Tutorial was purchased 1 times & rated A+ by student like you.

How does the Federal Reserve's monetary policy affect your industry's, or company's growth?  ..
$3.00

This Tutorial was purchased 1 times & rated A+ by student like you.

In your industry, would you support regulation or deregulation and why or why not? ..
$3.00

This Tutorial was purchased 2 times & rated A by student like you.

Do you think that competition can be counted on to discipline the industrial business firms of a modern economy? Explain.  ..
$3.00

This Tutorial was purchased 1 times & rated A+ by student like you.

Among the types of costs faced by a firm (short-run costs, fixed and variable, as well as long-run costs), how can technology help firms to lower their costs? What are some specific examples of how firms have used technology to lower costs? ..
$3.00

This Tutorial was purchased 1 times & rated A+ by student like you.

Cost is a big issue with every company, and changing the technology is the biggest cost for most companies, how your company was able to cope with this problem and maintain the level of profit in a very competitive market?   ..
$3.00

This Tutorial was purchased 1 times & rated A+ by student like you.

What is price elasticity? Give examples of five products whose demand is price elastic, and five products whose demand is price inelastic and elaborate on the choices you make. ..
$3.00

This Tutorial was purchased 4 times & rated A by student like you.

What kinds of changes in underlying conditions can cause the supply and demand curves to shift? Give examples and explain the direction in which the curves shift.  ..
$50.00

This Tutorial was purchased 7 times & rated A+ by student like you.

This Tutorial contains 2 Papers for each Assignment     ECO 561 Week 1 Assignment Influence of Economics on Household Decision (2 Papers)   ECO 561 Week 2 Assignment Government Interventions (Bailout of U.S. auto makers) &nbs..
$15.00

This Tutorial was purchased 31 times & rated A+ by student like you.

THIS TUTORIAL CONTAINS 2 PAPERS   ECO 561 WEEK 6 CHALLENGES OF EXPANSION TO A FOREIGN LOCATION Revise your Week 3 economic analysis using the feedback provided by your facilitator to evaluate the challenges of expanding your company's production to a foreign market. Thi..
$10.00

This Tutorial was purchased 18 times & rated A by student like you.

This Tutorial contains 2 Papers ECO 561 WEEK 5 TEAM ASSIGNMENT COMPARATIVE AND ABSOLUTE ADVANTAGE Develop a 1,750-word analysis of the international economy in which you do the following: Analyze measures of economic growth, and comparative and absolute advantage in internation..
$12.00

This Tutorial was purchased 9 times & rated A+ by student like you.

ECO 561 WEEK 4 TEAM ASSIGNMENT BUSINESS CYCLES, ECONOMIC SHOCKS, AND RESTORING EQUILIBRIUM As a manager, it is important to understand how the business cycle affects supply and demand, prices, and how economic shocks will impact your company's markets, supply chain, and financing. The r..
$12.00

This Tutorial was purchased 10 times & rated A by student like you.

ECO 561 WEEK 3 MARKET STRUCTURE AND PRICING POWER   Select a new, realistic good or service for an existing industry, preferably an industry you current work in or one in which you are interested in working. Develop a 1,400-word evaluation of pricing strategies availabl..
$12.00

This Tutorial was purchased 20 times & rated A+ by student like you.

THIS TUTORIAL CONTAINS 2 PPT   ECO 561 WEEK 2 GOVERNMENT INTERVENTIONS VS. MARKET BASED SOLUTIONS   The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market fai..
$9.00

This Tutorial was purchased 25 times & rated A+ by student like you.

This Tutorial contains 2 Papers Purpose of Assignment  To locate, retrieve, and evaluate the effects of macroeconomic indicators on your own decision making.  Assignment Steps  Resources: Tutorial help on Excel® and Word functions can be found on the Micro..
$12.00

This Tutorial was purchased 19 times & rated A by student like you.

Research Analysis for Business   Scenario: Imagine you are a business consultant to a Business. You have been asked to analyze, advise, and create recommendations on how the firm can ensure its future success in its current market. Prepare a minimum 1,050-word analys..
$9.00

This Tutorial was purchased 5 times & rated A+ by student like you.

This Tutorial contains Presentations     Purpose of Assignment  In this week, students are learning about managing different types of economic costs. Organizations typically have either high fixed costs or low fixed costs, and it is important to understand how busin..
$10.00

This Tutorial was purchased 7 times & rated A+ by student like you.

This Tutorial contains 2 Papers   Inflation and Analyses of Monetary Policies Purpose of Assignment  This assignment will introduce students to the U.S. Department of Labor's Bureau of Labor Statistics (BLS) data and provide students with the skills to calculate inflatio..
$10.00

This Tutorial was purchased 7 times & rated A by student like you.

This Tutorial contains 2 Presentation   ECO 561 Week 4 Assignment Inflation and Analyses of Monetary Policies ..
$9.00

This Tutorial was purchased 5 times & rated A+ by student like you.

This Tutorial contains 2 Papers   Paper 1: USA, China,France   Paper 2: USA, China, Democratic republic of Congo, Saudi Arabia   Develop a minimum 1,050-word analysis of the international economy in which you do the following..
$12.00

This Tutorial was purchased 16 times & rated A by student like you.

This Tutorial contains 2 Presentations   Purpose of Assignment  This assignment addresses how both monetary and fiscal policies have been used during the so-called Great Recession, which began in December 2007 and ended in June 2009, to the present to moderate the business c..
$12.00

This Tutorial was purchased 10 times & rated A+ by student like you.

Purpose of Assignment  This week students will review and revise their Week 3 Research Analysis for Business Signature Assignment based on economic analysis and the feedback provided by their facilitator. Students will also expand their Week 3 analyses to evaluate the challenges of ..
$12.00

This Tutorial was purchased 10 times & rated A+ by student like you.

Purpose of Assignment  This week students will review and revise their Week 3 Research Analysis for Business Signature Assignment based on economic analysis and the feedback provided by their facilitator. Students will also expand their Week 3 analyses to evaluate the challenges of expan..
$12.00

This Tutorial was purchased 5 times & rated A by student like you.

Purpose of Assignment  This week students will review and revise their Week 3 Research Analysis for Business Signature Assignment based on economic analysis and the feedback provided by their facilitator. Students will also expand their Week 3 analyses to evaluate the challenges of expan..
$12.00

This Tutorial was purchased 6 times & rated A+ by student like you.

Research Analysis for Business   Scenario: Imagine you are a business consultant to a Business. You have been asked to analyze, advise, and create recommendations on how the firm can ensure its future success in its current market. Prepare a minimum 1,050-word analysis of economi..
$12.00

This Tutorial was purchased 4 times & rated A by student like you.

Research Analysis for Business   Scenario: Imagine you are a business consultant to a Business. You have been asked to analyze, advise, and create recommendations on how the firm can ensure its future success in its current market. Prepare a minimum 1,050-word analysis of economi..
$9.00

This Tutorial was purchased 4 times & rated A+ by student like you.

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Students will exam..
$20.00

This Tutorial was purchased 6 times & rated A+ by student like you.

ECO 561 Final Exam Guide (New, 2017) (Score 29/30)     1 Which of the following have substantially equivalent effects on a nation's volume of exports and imports?​   ​Exchange rate appreciation and domestic deflation ​Exchange rate depreciation and domestic ..
$60.00

This Tutorial was purchased 11 times & rated A+ by student like you.

This Tutorial contains 2 Papers for each Assignment   ECO 561 Final Exam Guide (New, 2017) (Score 29/30)   ECO 561 Week 1 Assignment Influence of Economics on Household Decision (2 Papers)   ECO 561 Week 2 Assignment Government Interventions (Bailout of U.S...
$9.00

This Tutorial was purchased 8 times & rated A+ by student like you.

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Students will exam..
$9.00

This Tutorial was purchased 6 times & rated A by student like you.

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Students will exam..
$9.00

This Tutorial was purchased 5 times & rated A+ by student like you.

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Students will exam..
$12.00

This Tutorial was purchased 4 times & rated A+ by student like you.

This Tutorial contains 2 Presentations     Purpose of Assignment  This assignment addresses how both monetary and fiscal policies have been used during the so-called Great Recession, which began in December 2007 and ended in June 2009, to the present to moderate the..
ECO 561 © 2017 All Rights Reserved.Powered by:Ash Tutorial.