Tag Archives: eco 550 week 3

ECO 550 Week 11 Discussion Question – NEW

ECO 550 Week 11 Discussion Question – Strayer New

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Week 11 Discussion

Please give best or most enjoyable or interesting 1 or 2 parts of class for you.

ECO 550 Week 10 Discussion Question – NEW

ECO 550 Week 10 Discussion Question – Strayer New

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Week 10 Discussion

“Long-Term Investment and Cost-Benefit Analysis” Please respond to the following:
Long Term Investment–How about Ethical bankers for a change class! 4 short videos on –“Micro-credit” in Bangladesh and developing nations. also now in U.S.
Ethical banking –Prof. Muhammad Yunus Nobel Peace Prize Announcement for Micro-Credit http://www.youtube.com/watch?v=kBBemklV5vU
President Obama giving Prof. Yunus Medal of Freedom http://www.youtube.com/watch?v=L2P8DcHh6T0&feature=related
Yunus- Microcredit in Bangladesh http://www.youtube.com/watch?v=veaVikY3u98

Yunus – Microcredit for “beggars” http://www.youtube.com/watch?v=T8lMhj2w874

ECO 550 Week 9 Discussion Question – NEW

ECO 550 Week 9 Discussion Question – Strayer New

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Week 9 Discussion

“Impact of Government Regulation” Please respond to the following:
John Stossel (TV personality) on Regulation

Government regulation- various videos

There is a economics phrase “The Seen and The Unseen.” or unintended consequences of government regulation. This is the title of a famous essay by French economist Frederic Bastiat. It is easier to see the seen, the effects or unintended effects or consequences, but harder to see the unseen which is what would have been, what inventions were stifled, what production was stifled by regulation.
Frederic Bastiat on the Seen and Unseen
YouTube URL: http://www.youtube.com/watch?v=ZFxy6BmMJd8

ECO 550 Week 8 Discussion Question – NEW

ECO 550 Week 8 Discussion Question – Strayer New

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Week 8 Discussion

” Moral Hazard”
The managerial economist runs into moral hazard issues frequently. It is also in our political system. Just listen to Donald Trump as he describes contributing to all sorts of campaigns of people with both parties so he could get favors later on. He knows how the system works, and says correctly it is filled with moral hazard, and he wishes to put a damper on it. He says our system is broken. WATCH THIS VIDEO . https://www.youtube.com/watch?v=BtvPewHoXtM

Robert Reich interesting observations–Corporate tax “reform” is high on the Republican agenda because the GOP’s corporate patrons are demanding payoff from their investments in the 2014 election. Watch your wallets. Here are the four biggest right-wing whoppers about corporate taxes:
1. The U.S. corporate tax rate of 35% is one of the highest among advanced countries. True but misleading. The effective corporate income-tax rate – what corporations actually pay after all deductions, credits, and loopholes – is 27.7%, close to the average of all rich countries (27.2%).
2. Today’s corporate tax rate is high by historic standards. Baloney. In the 1950s it was over 50%.
3. The corporate tax reduces corporate profits, which makes it harder for corporations to hire. Wrong. Corporate profits today are the highest they’ve been since World War II as a percentage of the economy.
4. Lowering the corporate income-tax would spur economic growth. Baloney. There’s no relation between corporate tax rates and growth. In the 1950s and 60s, when the corporate tax was over 50%, the economy grew faster (at an annual average rate of 3.9%) than it has since the rate was reduced.
Moral Hazard–4 short but fascinating videos on President Andrew Jackson, as well as various U.S. founding fathers, on fearing the actions and corruptions of big bankers!!! Sound familiar to today!!
1 President Andrew Jackson and Big Banks–sounds like today!!!) –(from History Channel)-http://www.youtube.com/watch?v=Knf8KA5aAjw&feature=related
2 (Also Thomas Jefferson) — http://www.youtube.com/watch?v=3cnItVN1Gk0 and
3 http://www.youtube.com/watch?v=H7yjfI19b7s
4 ( from HBO film mini series on President John Adams– (Watch at the dinner table–George Washington, Thomas Jefferson- who had just returned from Paris, Alexander Hamilton, our first Secretary of the Treasury, and John Adams) http://www.youtube.com/watch?v=UrxKOO0nKwc

ECO 550 Week 7 Discussion Question – NEW

ECO 550 Week 7 Discussion Question – Strayer New

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Week 7 Discussion

“Predicting Price-Setting Strategies” Please respond to the following:
• Videos on Pricing Strategies

Value Proposition videos

Closing a sale http://www.youtube.com/watch?v=WdYGdpTTLEs
Oligopoly http://www.youtube.com/watch?v=bP3l0TQRFY4
Planned obsolescence http://www.youtube.com/watch?v=N2KLyYKJGk0

Game theory http://www.youtube.com/watch?v=3Y1WpytiHKE (FYI class- I studied for my Masters degree under Professor Oskar Morgenstern, who toghether with Von Nuemann of Princeton University, developed game Theory. Professor Morgenstern was a wonderful professor ;.) http://www.econlib.org/library/Enc/bios/Morgenstern.html , AND https://images.search.yahoo.com/search/images;_ylt=A0LEVySvGMlUOnwAiVBXNyoA;_ylu=X3oDMTBsa3ZzMnBvBHNlYwNzYwRjb2xvA2JmMQR2dGlkAw–?_adv_prop=image&fr=mcafee&va=oskar+Morgenstern who invented Game Theory, with John Von Neumann. https://www.youtube.com/watch?v=cYyQcWPywHo (Copy and paste to view Von Nuemann and Atom Bomb development as well)

ECO 550 Week 6 Discussion Question – NEW

ECO 550 Week 6 Discussion Question – Strayer New

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Week 6 Discussion

A movie you will never forget-a true “classic”–managerial economics ethical or not/ including banking- a historical perspective. This film is all based on fact. It happened like you see it. How does this compare to our Wall Street big bankers today?
The House of Rothschild (1934 full length historical biography movie)- the world’s most famous bankers
Duration: (86:43)
User: mbrewerdc – Added: 3/3/13
YouTube URL: http://www.youtube.com/watch?v=pk93JIkolAU Click this URL to see movie in Full Screen
Comment regarding todays Managerial Economist–Nathan Rothschild’s great great grandson–on today’s economics and finance– https://www.youtube.com/watch?v=7Fw1RMKWypo
Another subject– “Business Incubators”
in U.S. http://www.youtube.com/watch?v=-aIyAZmZs_Y

ECO 550 Week 5 Discussion Question – NEW

ECO 550 Week 5 Discussion Question – Strayer New

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Week 5 Discussion

“Market Structures”
Managerial Economist awareness of consequences of Wealth Inequality across different states in U.S., across Canada, and across World. http://www.youtube.com/watch?v=cZ7LzE3u7Bw and Robert Reich trailer of film on the subject http://www.youtube.com/watch?v=YCbAyk8aRxI and this on heathcare “hotspots in the U,S. – the case of Camden NJ https://www.youtube.com/watch?v=0DiwTjeF5AU

ECO 550 Week 4 Discussion Question – NEW

ECO 550 Week 4 Discussion Question – Strayer New

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Week 4 Discussion

“Production Economics and Decisions” Please respond to the following:
Bill Gates Jr. and Bill Gates Sr. http://www.youtube.com/watch?v=DwE0wjNgVoo
Dr. Parick Dixon On Labor Motivation– http://www.youtube.com/watch?v=l1t3yh6laO0
another great video of Patrick Dixon on labor motivation–http://www.youtube.com/watch?v=lA-ifiDuvls

Camden Doctor and Organization Makes National News in Healthcare Reform–his is a small movement towards what they have in France, England etc. as per movie Sick-Short 10 minute Video on PBS http://www.pbs.org/wgbh/pages/frontline/doctor-hotspot/ Frompage 1 of (Trenton) The Times on Memorial Day May 28, 2012, on Dr. Brenner’s work– http://www.nj.com/mercer/index.ssf/2012/05/health_teams_seek_to_treat_nee.html

Trends in Global Trade
• –Arctic Trade Route and Arctic riches and lower prices for all world because of lower transportation costs over the Arctic http://www.youtube.com/watch?v=Rf1VIhcVFeM and http://www.youtube.com/watch?v=VTHsd9wiyio and http://www.youtube.com/watch?v=VTHsd9wiyio http://www.youtube.com/watch?v=-1LPEDzgnhE
• Nicaragua Canal https://www.youtube.com/watch?v=0ygaLZDTipM

ECO 550 Week 3 Discussion Question – NEW

ECO 550 Week 3 Discussion Question – Strayer New

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Week 3 Discussion

“Managing in the Global Economy and Outsourcing Offshore” Please respond to the following:
Economic life in Europe compared with the United States- I lived in England and France and it is really like this!
France- http://www.youtube.com/watch?v=6UwQ2fyEgzo and http://www.youtube.com/watch?v=lueHW9EL7kc and http://www.youtube.com/watch?v=ovO18E-hgew

General Motors -http://www.youtube.com/watch?v=3fn9uw_y318 where GM gets away literally with murder?

ECO 550 Week 2 Discussion Question – NEW

ECO 550 Week 2 Discussion Question – Strayer New

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Week 2 Discussion

Please discuss this important but only 2 minute video, and how it can relate to our class. —Dr. Robert Reich, former Secretary of Labor under President Bill Clinton, professor, author and speaker —Robert Reich-What is wrong with economy in a little over 2 minutes! http://www.youtube.com/watch?v=JTzMqm2TwgE
Please discuss as related to managerial economics–Wealth Inequality http://www.youtube.com/watch?v=QPKKQnijnsM