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dbs global economics

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DB1 Week 1 DUE JULY 09

Define capitalism and socialism and provide examples of countries that govern using each structure.

Discuss why capitalism and socialism are currently spotlighted in U.S. politics giving the pros and cons of each organizational structure. Be specific and give supporting facts, not just opinions.

Finally, address the question: Does capitalism create wealth inequality and is this necessarily a bad outcome?

200 words 2 scholarly resources

DB2 Week 1 DUE JULY 09

For this discussion you will debate with your peers the concept of increasing minimum wage. To participate in a knowledgeable debate, you must have a firm understanding of each side of the issue. Your textbook discusses minimum wage in detail and like many traditional economists, for the most part, does not support increasing the minimum wage. The text discusses the negative impacts that such increases may create. Find at least two scholarly and credible resources (other than the Macroeconomics: Private and Public Choice text) that discuss minimum wage. In your post, use facts; do not simply document or restate opinion.

Write an initial post of at least 200 words that either supports or does not support an increase in minimum wage. Be sure to use economist terminology and include facts. Support your response with at least two scholarly and credible resources.

DB3 Week 2 DUE JULY 16

What is measured and, just as importantly, what is not measured in the GDP?

What has GDP been for the last three quarters in the United States?

Why is GDP often mentioned in business news and used as an important metric for the economy? Is this number accurate? What are the pros and cons of this measurement?

Explain how real GDP is different and how it is calculated.

Your initial response should be a minimum of 200 words. 1 scholarly and credible resource

DB4 Week 2 DUE JULY 16

How is unemployment calculated, and what is and is not included in the calculation?

What were the unemployment figures for the last three quarters in the United States?

Why is unemployment often mentioned in business news and used as an important metric for the economy?

What might cause the unemployment numbers to be questioned from an accuracy standpoint and a relevancy perspective?

How do the phases of the business cycle impact unemployment?

Your initial response should be a minimum of 200 words. 1 scholarly and credible resource

DB Week 3 DUE JULY 23

In your post, you will cordially debate a controversial and often misunderstood macroeconomic topic. The huge U.S. government debt continues to grow and is constantly reported in the news.

For your initial post address the following:

Is the large and increasing national debt an issue Americans should be concerned about?

Your initial response should be a minimum of 200 words. One scholarly reference

DB WEEK 4 DUE JULY 23

The United States’ monetary policy is largely determined by the Federal Reserve Bank (Fed). For this discussion, you will cordially debate the necessity of the Fed.

For your initial post, address the following:

How does the Fed control the money supply? Be sure to explain how they can expand or restrict the money supply.

How does the banking system create money?

List two or three pros and cons of the Federal Reserve Bank.

What is your conclusion? Is the Fed necessary? Support your opinion.

Your initial response should be a minimum of 200 words. One scholarly reference

DB WEEK 5 DUE AUG 01

What helps economists forecast the economy? Imagine you are presenting the index of leading indicators concept to a small group of newly hired analysts. In a minimum of 200 words, with at least
two scholarly and credible resources,

Discuss the index of the leading indicators.

Is the Phillips curve a helpful predictor? Why or why not?

As a businessperson, how could you use this predictive macroeconomic information to help make business decisions? (Give at least one specific example.)

DB WEEK 6 DUE AUG 01

For this discussion forum, you may choose to use Walmart as an example or select a new company, as long as you address the following prompts.

Discuss how comparative analysis, trade restrictions, tariffs, and exchange rates of your chosen company will impact the decision to expand. You need to take these macroeconomic concepts and apply them directly to the Walmart (or other selected company) expansion decision.

Consider the topics you have studied throughout this course. What other economic factors may impact the decision to expand?

Your initial response should be a minimum of 200 words. one scholarly and credible resource

DB WEEK 6

Politicians often warn about problems associated with the U.S. trade deficit. For this discussion, cordially debate whether the U.S. should be concerned about the trade deficit.

For your initial post, first discuss how the balance of payments can influence exchange rates and purchasing power. Then take a position either for or against trade deficits. In your position, address the pros or cons of the U.S. trade deficits.

Your initial response should be a minimum of 200 words. one scholarly and credible resource

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