Ecn 601 topic 1 Study guides, Class notes & Summaries
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![ECN 601 Topic 4 DQ 1 plus DQ 2](/docpics/3546477/651ba8fc70f6a_3546477_121_171.jpeg)
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ECN 601 Topic 4 DQ 1 plus DQ 2
- Other • 4 pages • 2023
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Topic 4DQ1 
Feb23-25,2023 
 
Identifyapersonaleconomicdecisionthatwasdrivenbyabehavioralbiasratherthanbypurerationalbehavior.Givenyourunderstandingofbehavioraleconomics,howwouldyourdecisiondiffertoday? 
 
Topic 4DQ1 
Feb23-25,2023 
 
Identifyapersonaleconomicdecisionthatwasdrivenbyabehavioralbiasratherthanbypurerationalbehavior.Givenyourunderstandingofbehavioraleconomics,howwouldyourdecisiondiffertoday?
ECN 601 Topic 7 Problems Chapters 21 and 22

ECN 601 Topic 7 DQ 1

ECN 601 Topic 7 DQ 2

ECN 601 Topic 7 DQ 1 plus DQ 2
![ECN 601 Topic 3 DQ 1 plus DQ 2](/docpics/3546167/651b8962b89f5_3546167_121_171.jpeg)
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ECN 601 Topic 3 DQ 1 plus DQ 2
- Other • 3 pages • 2023
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Topic3DQ1 
Feb16-18, 2023 
 
Whatmarketstructurebestdescribestheenvironment withinwhichyourorganizationoperates?What challenges and opportunities would arise from higher and lower degrees of governmentintervention? Provide arationaleto supportyour selected marketstructure. 
 
Topic3DQ2 
Feb16-20, 2023 
 
How do firms contribute to the efficiency of the market economy in ways that networks ofindependentcontractorsdonot?Useyourorganization, oronewithwhichyouarefamiliar, toillustrate your response.
![ECN 601 Topic 5 DQ 1 plus DQ 2](/docpics/3546540/651baea2a5f2b_3546540_121_171.jpeg)
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ECN 601 Topic 5 DQ 1 plus DQ 2
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Topic5DQ1 
Mar2-4, 2023 
 
The order of play tends to matter in sequential games where rivals must predict best reply-responses and counter-responses in order to achieve a desired payoff. Discuss an instance inwhich you or your firm used game theory and explain why the relationship between the playerswas a strategic one. Did the use of a credible threat or commitment affect the outcome? Werethere any first-mover offast-secondstrategiesused? 
 
Topic5DQ2 
Mar2-6, 2023 
 
In business, sports, poli...
![ECN 601 Topic 8 DQ 1 plus DQ 2](/docpics/3546741/651bb40122ebd_3546741_121_171.jpeg)
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ECN 601 Topic 8 DQ 1 plus DQ 2
- Other • 3 pages • 2023
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Topic 8DQ1 
Mar23-25,2023 
 
GotoTheEconomistwebsiteandsearchfortheBigMacIndexforarecenttimeperiod.ComparethePurchasingPoweroftheUnitedStateswithanothercountry.Trytochooseacountrywithwhichyouarenotveryfamiliar.Whatdoesthisparitysayaboutthepotentialstandardoflivinginthecountryyouchose?Whatdoesitsayaboutthepotentialwagelevel? 
 
Topic 8DQ2 
Mar23-27,2023 
 
Overseveraldecades,someindustries,suchastextileandclothing,whichwereonceasignificantpartoftheU.S.economy,haveshiftedmanufacturingabroad.Usingt...
![ECN 601 Topic 6 DQ 1 plus DQ 2](/docpics/3546608/651bb07ba9f20_3546608_121_171.jpeg)
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ECN 601 Topic 6 DQ 1 plus DQ 2
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Topic 6DQ1 
Mar9-11,2023 
Whatisthedifferencebetweenriskanduncertainty?Provideexamplesofwhatyourorganizationhasdone,ornotdone,todealwithriskanduncertainty.Howdidthoseactionsaffectthefirmonceacontingencyofriskoruncertaintymaterialized 
 
Topic 6DQ2 
Mar9-13,2023 
 
Howdoesthefinancialstrengthofanorganizationinfluencedecisionmakingandoutcomes?Provideexamplesthatsupportyourrationale.
![ECN 601 Topic 7 DQ 1 plus DQ 2](/docpics/3546674/651bb2634b9b6_3546674_121_171.jpeg)
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ECN 601 Topic 7 DQ 1 plus DQ 2
- Other • 3 pages • 2023
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Topic 7DQ1 
Mar16-18,2023 
 
Giveexamplesfromyouremploymenthistorywhereyouwitnessedmoralhazardintheworkplace.Whatweretheincentivesthatgaverisetomoralhazard?Didthefirmtakestepstoeliminatemoralhazard? 
 
Topic 7DQ2 
Mar16-20,2023 
 
Beginbylocatingascholarlyarticleregardingtheeffectsofincreasesonminimumwagesanddiscussitsfindings.Doesaminimumwageincreaseleadtoreductionsinemployment,oristheoveralleffectonemploymentnetpositive?Doyouagreeordisagreewiththeresultsofthestudy?Whatdoyouthinkareothervitalco...
![ECN 601 Topic 2 DQ 1 plus DQ 2](/docpics/3546056/651b8381d1c10_3546056_121_171.jpeg)
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ECN 601 Topic 2 DQ 1 plus DQ 2
- Other • 3 pages • 2023
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Topic 2DQ1 
Feb9-11,2023 
Explainasituationyouhaveobserved(orreadabout)inwhichafirmmadeadecisionconsideringirrelevantcostsordidnotconsiderrelevantcosts.Whatwastheoutcomeofthedecision,andwhatcouldhavebeendonedifferently? 
 
Topic 2DQ2 
Feb9-13,2023 
Explain why pricing and production are extent decisions and not decisions that should be tackled with break-even analysis. Does the same apply for investment decisions? Provide a rationale to support your response.
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