ECO 561

Influence of Economics on Household Decision Making

Influence of Economics on Household Decision Making University of Phoenix, School of Business Economics ECO/561 Introduction The base level understanding of general economics can have a profound effect on how an individual rationalizes big purchases such a car, appliances, home repairs, home purchase, computer equipment, college tuition, or another “big-ticket” item, which are often purchased …

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Government Intervention – PowerPoint Presentation

Government Intervention ECO/561 Overview Intervention & history of Social Security retirement benefitsArguments for government intervention Arguments on market based solutionsWho may be helped?Who may be hurt?Externalities & unintended consequencesCost trendsEvaluation of interventionRecommendations Social Security Retirement Benefits Arguments for Government Intervention Arguments for Market Based Solutions Raise the full retirement ageRaise the earnings capChange the cost …

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Effectiveness of the Counter-Cyclical Policies – PowerPoint Presentation

Effectiveness of the Counter-Cyclical Policies ECO/561 The Great Recession Declines began in the early 2000’sWorldwide shift in the marketThe largest down turn since the Great DepressionBackdrop of sharp credit boomsSignificant declines in the unemployment rate The Housing bubble Vital force to the debt crisisSparked a global recessionFueled a down turn in European Sovereign debt crisisWhose …

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Effectiveness of the Counter-Cyclical Policies

Effectiveness of the Counter-Cyclical Policies ECO/561 Table of Contents IntroductionThe Great RecessionThe Housing MarketSupply and DemandGovernment PoliciesFiscal PoliciesMonetary PoliciesConclusion Introduction Between December 2007-June 2009 the United States experienced the Great Recession. During the worst part of the Great Recession, virtually every segment of the U.S. economy was adversely affected. Employment losses were severe, but also …

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