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Southern New Hampshire University | ECO-202 | MODULE 8 DISCUSSION

Discrimination occurs when people are offered or denied opportunities based on race, ethnicity, gender, age, religion, sexual orientation, or other personal characteristics. Discrimination in the workplace reflects broader prejudices in society. Measuring discrimination is often difficult and can occur for statistical reasons. To correct for discrimination in the macroeconomy, policymakers...

Southern New Hampshire University | ECO-202 | MODULE 7 DISCUSSION

For this discussion, play your second run of the Macroeconomics Simulation: Econland (from Harvard Business Publishing), in which you act as a the chief economic policy advisor for the fictional country of Econland. Select either the Rollercoaster or Stagnation scenario option. You may play the simulation as many times as...

Southern New Hampshire University | ECO-202 | MODULE 6 DISCUSSION

Fiscal policies are used by the government to stabilize the economy. During the 2020 emergency caused by the coronavirus pandemic, the U.S. government approved stimulus spending. According to the U.S. Department of Treasury, the federal government spent 91% more than it collected in revenue, creating a $3.1 trillion deficit. The...

Southern New Hampshire University | ECO-202 | MODULE 5 DISCUSSION

Recently, there have been comparisons between today’s economy and the 2008–2009 Great Recession (GR). Some argue that the COVID-19 pandemic recession is materially different from the GR, while others argue there are many parallels. As you learned in your reading, policymakers in both eras were confronted with a sudden decrease...

Southern New Hampshire University | ECO-202 | MODULE 4 DISCUSSION

For this discussion, research two current or historical examples from the United States where the Federal Reserve changed the federal funds rates. The first example should be one in which the Fed raised the rates, and the second example should be one where the rates were lowered. In your initial...

Southern New Hampshire University | ECO-202 | MODULE 1 DISCUSSION

An economist plays two roles: scientist and policy advisor. As scientists, economists explain the world, and as policy advisors they help improve the world. Because these two roles have different goals, they require different types of language. Economists as scientists make positive claims, whereas economists as policy advisors make normative...

Southern New Hampshire University | ECO 201 | MODULE 8 DISCUSSION

In the article “Lack of Diversity in Economics Holds Back Its Relevance and Value to Society” provided in the module resources, the authors wrote the following: “…students from lower socio-economic backgrounds and ethnic minority groups are more likely to drop out of university, and less likely to be awarded an...

Southern New Hampshire University | ECO 201 | MODULE 5 DISCUSSION

In a competitive market, there are many buyers and sellers. The goods offered are largely the same, and firms can freely enter or exit the market. Buyers and sellers are both price takers. The amount of output produced determines the revenue of a firm. Costs of production are an important...

Southern New Hampshire University | ECO 201 | MODULE 2 DISCUSSION

For this discussion, read the advice article by economist Emily Oster entitled “You’re dividing the chores wrong.” Oster argues for an approach to household chores that is informed by economic principles. She shows how family economic decisions can be like how businesses make production decisions. In your initial post, consider...

Southern New Hampshire University | ECO 201 | MODULE 1 DISCUSSION

In your initial post, begin by introducing yourself briefly, including your program of study and career interests. Then, address the following as part of your response: • Imagine you own your own business and have to make daily decisions about how to allocate available resources such as input of production,...