ECO203

Dr. Noamana EYES ONLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!       The discussions are due today

1. Economics Systems
   
   
2. Discuss how your college education could be considered an investment in human capital.  What is the opportunity cost of your degree?
3. Reference: Chapter 1, section 1.1: Economics and Chapter 2, section 2.1: Limited Resources.
4. Guided Response: Review and respond to at least two of your classmates’ posts by replying to their posts on how a college education contributes to human capital and the opportunity cost of a degree.  Be sure to refer to concepts found in the reading when responding to your classmates.
5. Role of Government
   
   

   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
    
   Guided Response: Review and respond to at least two of your classmates’ by stating why you agree or disagree which economic activities the government is more efficient at providing, and which economic activities the private sector is more efficient at providing.

Quiz

Week One Quiz

This quiz consists of 10 questions. The amount of time the quiz will take to complete will vary by individual.

This week is very simple and to the point

Discussion 1

2 paragraphs with all Questions included and anwsered along with 2 responds to classmates in which I will send later

Discussion 2

Follow all instructions please along with responds from 2 classmates in which I will send

In all including the quiz 25 for this week, I'm still waiting on the results from the last class in which LOOKS GOOD, Discussions are due in 48 hrs, respondses due in 60 hrs and quiz in 72 hrs.