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ADM 614 Topic 1 Discussion 1 Tradeoffs

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ADM 614 Topic 1 Discussion 1 Tradeoffs

The economic way of thinking requires administrators to incorporate eight principles. One of the principles relates to “tradeoffs” and another principle relates to “opportunity costs” for scarce resources. Describe how public administrators must make trade-offs by assessing opportunity costs relating to scarce resources. --------------------------------------------------------------------------

ADM 614 Topic 1 Discussion 2 Scarcity And Poverty

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ADM 614 Topic 1 Discussion 2 Scarcity And Poverty


Explain how scarcity and poverty are different. Give examples to support your reasoning. --------------------------------------------------------------------------

ADM 614 Topic 2 Discussion 1 Public Budgets And Public Needs

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ADM 614 Topic 2 Discussion 1 Public Budgets And Public Needs

Assess discrepancies between public budgets and public needs. Explain the relationship between the public budget and the demand for public goods. --------------------------------------------------------------------------

ADM 614 Topic 2 Discussion 2 Scarce Resources

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ADM 614 Topic 2 Discussion 2 Scarce Resources

Markets and government both allocate scarce resources. Please explain how government adjusts market outcomes though subsidies and whether Pareto efficiencies are achieved. Discuss the role of subsidies in the Affordable Care Act as explained in the assigned article “How Millionaires Get Obamacare Subsidies Intended to Aid the Poor� by Managan.

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ADM 614 Topic 3 Discussion 1 Government Failure And Market Failure

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ADM 614 Topic 3 Discussion 1 Government Failure And Market Failure


Explain the difference between government failure and market failure. Discuss the role of government in a market economy to address market failure.

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ADM 614 Topic 3 Discussion 2 Economic Efficiency

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ADM 614 Topic 3 Discussion 2 Economic Efficiency

Economic efficiency is how economists assess the desirability of outcomes. Discuss the two requirements for efficiency in a market economy. --------------------------------------------------------------------------

ADM 614 Topic 4 Discussion 1 Impacts Of Monopolies On The Economy

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ADM 614 Topic 4 Discussion 1 Impacts Of Monopolies On The Economy

Monopolies are good for producers but not consumers. Differentiate between the positive and negative impacts of monopolies on the economy. Discuss why or why not monopolies are bad for the economy?

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ADM 614 Topic 4 Discussion 2 Three Types Of Unemployment

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ADM 614 Topic 4 Discussion 2 Three Types Of Unemployment

Compare and contrast the three types of unemployment. Discuss how these three types of unemployment demystify a


common myth that “unemployment would not exist if the economy were operating efficiently.�

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ADM 614 Topic 5 Discussion 1 Flow Of Money And Income

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ADM 614 Topic 5 Discussion 1 Flow Of Money And Income

Discuss the circular flow of money and income through the four basic markets of (a) goods and services, (b) resource markets, (c) loanable fund, and (d) foreign exchange. Identify a key factor related to the flow of money and income in two of the four identified markets. --------------------------------------------------------------------------

ADM 614 Topic 5 Discussion 2 Market Crisis

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ADM 614 Topic 5 Discussion 2 Market Crisis

Read special Topic 5 (page 610) regarding the market crisis of 2008. Explain what caused the recession. Discuss how the economy reacted to the 2008 market crisis and continues to react to its impacts. Explain how you might prevent this type of problem from reoccurring. Support your response with research.

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ADM 614 Topic 6 Discussion 1 Keynesian Model Budget Deficits

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ADM 614 Topic 6 Discussion 1 Keynesian Model Budget Deficits


Explain what a budget deficit is. Describe how under the Keynesian model budget deficits increase aggregate demand.

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ADM 614 Topic 6 Discussion 2 Economic Recovery

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ADM 614 Topic 6 Discussion 2 Economic Recovery

Evaluate whether or not fiscal stimulus will increase or decrease economic recovery. Explain --------------------------------------------------------------------------

ADM 614 Week 1 Private Ownership and Markets

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ADM 614 Week 1 Private Ownership and Markets

Details:

Read the case study on page 27 “Protecting Endangered Species with Private Property Rights.� Write an essay 1,000-1,250 words, answering the following questions:

Economists argue that scarcity is different than poverty. To understand why many wild animals are scarce we need to look at scarcity in the context of private property. Explain how scarcity is affected by private property rights in the case study.

Compare and contrast how incentives accompanying private property rights can both help protect and endanger the rhino, an endangered species.

Be sure to cite at least three relevant scholarly sources in support of your content. These sources can include trade journals and think tank reports. Use only sources found at the GCU Library or those provided in Topic Materials.


This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center. --------------------------------------------------------------------------

ADM 614 Week 2 Supply and Demand

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ADM 614 Week 2 Supply and Demand

Details:

Create a Paper discussing supply and demand in the public sector. Include the following:


Choose an economist discussed in Chapters 3-4 and explain that philosopher’s market theory.

Explain demand theory. Discuss factors that cause changes in demand and quantity demanded.

Explain supply theory. Discuss factors that cause changes in supply and quantity supplied.

How do changes in supply and demand effect market price and quantity?

Explain the implications of tax on both supply and demand. Discuss the black market and government’s response. How do the laws create higher risks for suppliers? Explain.

Be sure to include graphs, charts and other visuals in your presentation that will enhance your analysis. Include slide notes containing explanations and rationale.

Be sure to cite three to five relevant scholarly sources in support of your content. Use only scholarly sources found in the GCU Library or those provided in Topic Materials.


This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

While APA Style format is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center. --------------------------------------------------------------------------

ADM 614 Week 3 Public Goods and Collective Action in the public Sector

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Public Goods and Collective Action in the public Sector Details:


Write an essay of 1,000-1,250 words regarding public goods.

Include the following:

Explain what a public good is.

Discuss how a public good is different than a private good.

Discuss whether only government can supply a public good.

What are the challenges related to public goods.

How should the “free rider� problems be addressed?

Be sure to cite at least three relevant scholarly sources in support of your content. These sources can include trade journals and think tank reports. Use only sources found at the GCU Library or those provided in Topic Materials.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.


Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center. --------------------------------------------------------------------------

ADM 614 Week 4 Economic Growth and Market Dynamics

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ADM 614 Week 4 Economic Growth and Market Dynamics

Details:

Create a Essay on discussing Economic Growth and Market Dynamics. Include the following:

What is GDP and how is it measured?


Evaluate the validity of using GDP as a measure of economic output.

Explain how the consumer price index and GDP work together to measure price index change from year to year.

Assess the importance of the business cycle relating to the labor market and economic activity.

Select one formula for a key labor market indicator and give an example. Use the formula to explain how the labor market indicator measures labor force participation.

Be sure to include graphs, charts and other visuals in your presentation that will enhance your analysis. Include slide notes containing explanations and rationale.

Be sure to cite three to five relevant scholarly sources in support of your content. Use only scholarly sources found in the GCU Library or those provided in Topic Materials.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.


While APA Style format is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center. --------------------------------------------------------------------------

ADM 614 Week 8 The Future of the Public Sector of the Economy

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ADM 614 Week 8 The Future of the Public Sector of the Economy

Details:

Create a Essay on discussing the future of the Public sector of the Economy. Include the following:


Explain economist Paul North’s institutional theory as a model for economic reform.

Discuss how institutions promote growth based on Douglass North’s theory.

Discuss how institutions such as the rule of law, competitive markets, stable money and prices, and regulation are sources of economic growth.

Looking forward, which institutions or polices do you think will promote economic growth in the future?

How will economic inequality and poverty challenge economic growth in the future?

Be sure to include graphs, charts and other visuals in your presentation that will enhance your analysis. Include slide notes containing explanations and rationale.

Be sure to cite three to five relevant scholarly sources in support of your content. Use only scholarly sources found in the GCU Library or those provided in Topic Materials.


This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

While APA Style format is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center.

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Adm 614  

For more course tutorials visit uophelp.com is now newtonhelp.com www.newtonhelp.com ADM 614 Topic 1 Discussion 1 Tradeoffs The economic...

Adm 614  

For more course tutorials visit uophelp.com is now newtonhelp.com www.newtonhelp.com ADM 614 Topic 1 Discussion 1 Tradeoffs The economic...

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