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ECO 205 Week 9 Final Project Industry Research 

Completion

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ECO 205 Week 9 Capstone DQ

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ECO 205 Week 9 Capstone DQ

What are the most important concepts you have 

learned in this course? How can you apply them to 

your life? What difference can these concepts or 

tools make in your everyday life?

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ECO 205 Week 8 CheckPoint Industry Research 

Part IV

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ECO 205 Week 8 CheckPoint Industry Research 

Part IV

Resource: Appendix B

Research monetary and fiscal policies that have 

affected your chosen industry.

Find two sources to help you answer the following 

questions about the industry you chose:

How have these policies affected the employment 

rates for your chosen industry?

ECO 205 Week 7 DQ 2

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ECO 205 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 7 DQ 1

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ECO 205 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.

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ECO 205 Week 7 CheckPoint Calculation Of The 

Consumer Price Index

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ECO 205 Week 7 CheckPoint Calculation of the 

Consumer Price Index

The Bureau of Labor Statistics follows five steps to 

calculate Consumer Price Index.

Resource: Ch. 24 (pp. 520-522) of Principles of 

Economics and Appendix D

Review Appendix D. Using the chart provided, 

identify three strengths and three weaknesses of 

the calculation.

ECO 205 Week 6 CheckPoint Industry Research 

Part III

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ECO 205 Week 6 CheckPoint Industry Research 

Part III

Resource: Appendix B

Research how wage inequality is measured and if it 

is present in your chosen industry.

Find two sources to help you answer the following 

questions about the industry you chose.

ECO 205 Week 5 DQ 2

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ECO 205 Week 5 DQ 2

Describe two factors that affect labor supply and 

two factors that affect labor demand. Using 

economic principles, describe how changes in the 

labor market have affected you or someone you 

know.

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ECO 205 Week 5 DQ 1

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ECO 205 Week 5 DQ 1

Since the September 11th attack there has been 

an increase in the demand for security 

personnel—police, air marshals, airport security, 

etc. How do you think the higher demand has 

affected the equilibrium wage? In which direction 

do you think the labor supply and demand shifted? 

Explain your reasoning.

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ECO 205 Week 5 CheckPoint Labor Market Scenario

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ECO 205 Week 5 CheckPoint Labor Market Scenario

CheckPoint: Labor Market Scenario

Write a scenario that would cause a shift in labor 

supply and demand. The following areas have had 

high job growth rates and can be used for your 

scenario: transportation, insurance, technology, 

and health care industries.

Post a 200- to 300–word response that focuses on 

the following:

What is the area of employment?

ECO 205 Week 4 CheckPoint International Trade 

Debate Part II

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ECO 205 Week 4 CheckPoint International Trade 

Debate Part II

Debate a classmate’s position to Part 1 of the 

CheckPoint.

Write a 200- to 300-word essay arguing the 

opposite position of your classmate. Use 

suggestions from Part I to guide your responses.

Post II as a Microsoft© Word attachment.

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ECO 205 Week 4 CheckPoint International Trade 

Debate Part I

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ECO 205 Week 4 CheckPoint International Trade 

Debate Part I

Write a 200- to 300-word essay in APA format 

arguing for or against unrestricted international 

trade. Some possible platforms on which to write 

are comparative advantage, gains from trade, 

World Trade Organization, and trade restrictions. 

Support your position with three specific reasons.

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ECO 205 Week 4 Assignment Taxation

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ECO 205 Week 4 Assignment Taxation

Find two articles that discuss the local, state, or 

federal taxation of a good.

Write a 700- to 1,050-word paper in APA format 

describing the effects of taxation and price controls 

on the economy.

Is the tax levied on the producers or consumers?

How does the tax affect supply or demand?

ECO 205 Week 3 DQ 2

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ECO 205 Week 3 DQ 2

Identify similarities and differences between 

common goods, public goods, private goods, and 

natural monopolies. Provide an example of each 

type of good and justify your answers. Discuss 

possible positive or negative externalities 

associated with each example. How do the 

externalities affect the economy?

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