Directions: Discussion Forum
Please answer all of the assigned module questions in the discussion forum. Each module question is worth a total of 25 points (15 points for content and 10 points for lecture notes content reference). Hit reply in the discussion forum area to respond to all questions in one post. You must post your responses to all questions first, before reading other postings.
You must provide lecture notes references in each module response worth a total of 10 points per module question, the other 15 points are based on student content provided.
You are not required to reply to other students in the course, but I strongly encourage that you do since it provides an avenue for debate and a chance for you to get to know your fellow classmates.
Below is an example of how to provide lecture notes references in each module discussion question response. Please let me know if the directions are not clear, or if you require further explanation.
I am a very fair grader in terms of student content provided but I do deduct 10 points off for each module discussion response that does not include lecture notes references. It is important to tie the concepts you are learning in the course to the discussion questions being asked. This is the real-world application of economics.
Keep in mind that you may reference a website (approved in advance by me), but it must be in addition to the lecture notes references. I have provided a list of approved websites that you can use in this module folder.
Example
Module 33 Discussion:
Students,
Are you aware of antitrust proceedings against a specific firm? If not, please research and find. What type of behavior was found to be illegal?
Are you aware of any antitrust court cases? If not, discuss the Microsoft antitrust case by visiting http://www.usdoj.gov/atr/cases/ms_index.htm
Answer:
Antitrust policy involves efforts by the government to prevent oligopolistic industries from becoming or behaving like monopolies (Module 33 lecture notes, page 182). In the case of United States vs. Apple Inc., Apple was charged with price fixing which the court found to be illegal. Apple worked with several publishing companies in attempt to monopolize the e-book market and charge higher prices. The court ruled that these publishers had to end any and all agreements they had that prevented selling e-books at a lower price than what they wanted.
Module 33 Oligopoly in Practice lecture notes pages (182-184)