This document provides an overview and discussion prompts for 6 weekly discussions in an economics course. It includes: 1) An introduction and link to the course discussions. 2) Weekly discussion questions on topics like decision making, competition, income distribution, international trade, economic growth, and capital flows. 3) Instructions to post an initial response and reply to two classmates for each discussion by the due dates.

1. ECO 561 All Discussions
The Latest Version A+ Study Guide
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ECO 561 All Discussions Link
https://uopcourses.com/category/eco-561/
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ECO 561 Wk 1 Discussion – Decision Making and Buyer Behavior
Post a total of 3 substantive responses over 2 separate days for full participation.
This includes your initial post and 2 replies to other students.
Due Monday
Respond to the following in a minimum of 175 words:
 People may make bad decisions because they fail to compare the relevant costs
and benefits. Do you agree? Provide an example of when you made a bad decision, and an
example of when you made a good decision. Did you compare the relevant costs and
benefits?
 Discuss an example of behavior you have observed that could be described as
“smart for one but dumb for all.”
Due Monday
Reply to at least 2 of your classmates. Be constructive and professional in your responses.
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2. ECO 561 Wk 2 Discussion – Competition and the Invisible Hand
Post a total of 3 substantive responses over 2 separate days for full participation.
This includes your initial post and 2 replies to other students.
Due Thursday
Respond to the following in a minimum of 175 words:
 Read the following statement and discuss if you agree or disagree, and your
rationale: If the demand of illegal drugs is inelastic, increased arrests of illegal-drug sellers
will increase total expenditures on illegal drugs.
 Discuss at least 2 reasons for the change in this scenario: Early suppliers of more
fuel-efficient cars were able to charge premium prices for them, but that ability faded as
other suppliers adopted similar technologies.
Due Monday
Reply to at least 2 of your classmates. Be constructive and professional in your
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ECO 561 Wk 3 Discussion – Explaining the Imperfections
Post a total of 3 substantive responses over 2 separate days for full participation.
This includes your initial post and 2 replies to other students.
Due Thursday
Respond to the following in a minimum of 175 words:
 Explain why monopoly sellers usually offer discount prices to buyers who are
willing to mail in a rebate coupon or endure some other type of inconvenience.
 Discuss why traditional economic models find it difficult to explain why people
would pay to attend weight-loss camps that restrict their daily calorie intake.
Due Monday
Reply to at least 2 of your classmates. Be constructive and professional in your
responses.

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ECO 561 Wk 4 Discussion – Income Distribution and Labor Markets
Post a total of 3 substantive responses over 2 separate days for full participation.
This includes your initial post and 2 replies to other students.
Due Thursday
Respond to the following in a minimum of 175 words:
 Discuss at least two self-interested reasons that a top earner might favor policies
to redistribute income.
 Discuss why the supply curve of labor for any specific occupation is likely to be
upward-sloping, even if, for the economy as a whole, people work fewer hours when wage
rates increase.
Due Monday
Reply to at least 2 of your classmates. Be constructive and professional in your
responses.
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ECO 561 Wk 5 Discussion – Open Economy Activities
Post a total of 3 substantive responses over 2 separate days for full participation.
This includes your initial post and 2 replies to other students.
Due Thursday
One standard that corporations use to evaluate their performance against their
competitors is the set of rankings developed by Fortune magazine. These include the
Fortune 500, the 100 Best Companies to Work For, and other lists. The public also uses
these rankings to decide to what companies they should give their business
Respond to the following in a minimum of 175 words:

4.  Discuss who gains and who loses when an economy opens for trade.
 Explain what determines exchange rates in the short and long run.
Due Monday
Reply to at least 2 of your classmates. Be constructive and professional in your
responses.
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ECO 561 Wk 6 Discussion – Economic Growth and Capital Flow
Post a total of 3 substantive responses over 2 separate days for full participation.
This includes your initial post and 2 replies to other students.
Due Thursday
Respond to the following in a minimum of 175 words:
 Discuss the following statement from Principles of Economics: “Because the
environment is fragile and natural resources are finite, ultimately economic growth must
come to an end.”
 Explain why, in any period, a country’s net capital inflows equal its trade deficit?
Include examples.
Due Monday
Reply to at least 2 of your classmates. Be constructive and professional in your
responses.
For More Classes Please Visit
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