ECO 201 Unit 1 Module 1 Assignment 1 Discussion Autobiography,ECO 201 Unit 1 Module 1 Assignment 2 Discussion Discouraged Workers and the Economy
ECO 201 Unit 1 Module 1 Assignment 1 Discussion Autobiography
Post a brief paragraph to the Discussion Area outlining your reasons for taking the course, career aspirations, and anything else that you wish to share by Thursday, January 2, 2017.
Introduce yourself to your classmates and include the following details:
o Your name
o Your location
o Your profession
o Your expectations from this course—explain what you expect to learn about the current state of the economy, economic policies, and the role of the government
Also, describe any prior experience you may have had with:
o Budgeting, management, and governmental taxation
o Foreign trade or international finance
o Life in a country plagued by hyperinflation or financial instability
o Unemployment or career shifts to avoid unemployment
o Investment planning
Finally, review and comment on the autobiographies of at least two other students by the end of the module.
ECO 201 Unit 1 Module 1 Assignment 2 Discussion Discouraged Workers and the Economy
A “discouraged worker” is an individual without a job who has a desire to work; however, the worker has not actively searched for a job within the last six months, because the worker believes that there are no jobs available. Such a worker is not included in the official unemployment count.
Consider a scenario where discouraged workers are now included in the official unemployment rate during a recessionary period in the economy. Which of the three types of unemployment—frictional, structural, or cyclical—do you believe that these unemployed workers would most closely qualify for? How about during a period of economic expansion? Explain your answers and include examples.
Next, discuss and explain how including discouraged workers in the official unemployment rate would affect both the federal deficit and the national debt. Include examples to support your conclusions.
By Saturday, January 4, 2017, post your initial discussion response in the M1: Assignment 2 Discussion Area. By Wednesday, January 8, 2017, read all of the other students’ postings, and post comments in the Discussion Area on at least two other responses.
Answers
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Posted 01 May 2017 04:05 PM
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file 1493654947-M1 Assignment 1 and 2 Discussion.docx preview (274 words )
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