Eco 365 Supply And Demand Simulation Essays and Term Papers

  • Eco 365 Supply and Demand Simulation

    Supply and Demand Simulation ECO/365 November 26, 2012 The purpose of this paper is to discuss the Supply and Demand simulation from the student website. The idea is to identify two microeconomic and two macroeconomic principles present in the simulation and to explain...

    851 Words | 3 Pages

  • Eco/365 Supply and demand

    Working through the simulation in our week 2 studies was a focus on supply and demand and how it would relate to the housing market in the city of Atlantis. Working as a property manager of Goodlife Management, overseeing properties and making the right decisions in order to make sure that the apartments...

    772 Words | 2 Pages

  • Eco 365 Supply and Demand

    Supply and Demand Supply and Demand Microeconomics vs. Macroeconomics The supply and demand simulation shows different aspects of economic structures. Although mostly focused on microeconomics, the simulation does show a small role of macroeconomics. The principles of microeconomics would apply...

    550 Words | 2 Pages

  • Eco/365 Supply and Demand

    Supply and Demand ECO/365 Supply and Demand The economy is run by the concept of supply and demand. The simulation provided a practical learning experience that brings together the concept of micro and macro economics. I will try to summarize my findings and the inner workings of the concept...

    874 Words | 3 Pages

  • Eco 365 Supply & Demand Paper

    Supply & Demand Simulation Erica Bradford ECO/365 June 19, 2013 Jeremy Alessandro Supply & Demand Simulation Goodlife Management is the sole provider of apartments available for rent in the city of Atlantis in which the supply and demand simulation provided by UPOX takes place. The simulation...

    1081 Words | 3 Pages

  • Supply & Demand Paper Eco/365

    Supply and Demand Simulation University of Phoenix May 9, 2013 ECO/365 - Principles of Microeconomics The Supply and Demand Simulation consist of microeconomics and macroeconomics concepts. The concepts are explained and how they apply to the principle of microeconomics and macroeconomics....

    1097 Words | 3 Pages

  • Eco 354 Supply and Demand Simulation

    Supply and Demand Simulation ECO/365 July 24, 2013 Supply and Demand Simulation The Supply and Demand Simulation was very insightful. I related to it since I am in property management although I did have some difficulty with the reasoning. The simulation was designed to help us understand demand...

    1032 Words | 3 Pages

  • Supply and Demand Simulation

    Supply and Demand Simulation Supply and Demand processes are shown in a simulation provided by University of Phoenix called “Applying Supply and Demand Concepts” (UoP, 2008). The simulation is based on an apartment management group named GoodLife Management. GoodLife is based out of a town called Atlantis...

    832 Words | 2 Pages

  • Supply & Demand Simulation

    Hawkins ECO 365 June 24, 2013 Mubarak Laminu The availability of the rental apartments are affected by the supply and demand in the simulation. This includes the demand for the rentals, the number of available renters, and the price. The simulation shows a demand curve...

    563 Words | 2 Pages

  • Eco360 Supply & Demand Simulation

    Supply and Demand Simulation The Supply and Demand Simulation (UoP, 2005) presented in the Economics for Business 1 class revolves around the supply and demand of two-bedroom rentals in the imaginary city of Atlantis. To complete the simulation, the user must assume the role of a Property Manager for...

    1404 Words | 4 Pages

  • Simulation on Supply and Demand

    price is the supply and demand in the local real estate market. Supply and demand is a basic economic principal in which a product’s price is either positively or negatively affected by the availability of the product. Consequently, if there is a high demand for a product that is in low supply, the price...

    1784 Words | 5 Pages

  • supply and demand simulation

    and macroeconomics provide fundamental tools when studying the economy. This paper will discuss the examples of the supply and demand curves as they were presented in the simulation. In addition, factors affecting these curves such as changes in population, government, employment, and trend all take...

    1331 Words | 4 Pages

  • Supply and Demand Simulation Paper

    Supply and Demand Simulation Paper Christine Thompson University of Phoenix ECO365 What causes the changes in supply and demand in the simulation? An increase in population due to Lintech’s arrival caused an increase in income causing an increase in demand for detached homes which was the substitute...

    883 Words | 3 Pages

  • Supply and Demand Simulation

    Supply and Demand Simulation Debbie Adams, Danita Booth, Annie Edwards and Justin P Levick ECO/365 July 15, 2013 Robert Emrich Supply and Demand Simulation As seen in the simulation, supply and demand can have a significant effect on price and quantity. In most cases, if the demand for...

    1652 Words | 5 Pages

  • Supply and Demand Simulation eco365

    of Phoenix ECO/365 Supply and Demand Simulation Principles of Microeconomics 9/16/2013 The simulation shows a number of changes that happen to the Atlantis population, as well as to the supply and demand of the apartment housing. Throughout the simulation there are two...

    1085 Words | 3 Pages

  • Supply and Demand Simulation

    Supply and Demand Simulation Timothy J. Vrabel Axia College University of Phoenix In the video, several principles and concepts of microeconomics and macroeconomics were simulated. In the simulated neighborhood of Atlantis, there are many amenities that customers demand. The simulation uses two...

    942 Words | 3 Pages

  • Supply and Demand Simulation

     Supply and Demand Simulation Supply and Demand Simulation During this simulation, many scenarios covered an understanding of demand and supply, equilibrium, shifts in demand and supply, and price ceiling that a monopoly had to face when different situations arose. I was able to understand...

    751 Words | 2 Pages

  • Supply And Demand simulation

    Supply and Demand Simulation Gabriel Cathey ECO/365 October 20, 2014 Instructor: Paul Andoh Supply and Demand Simulation The day begins with the rising of the sun as preparations for the day are put into order. What is not known are the facts of who, what, when and were...

    805 Words | 3 Pages

  • Supply and Demand Simulation

    Supply and Demand Simulation Supply and Demand Simulation There is a wealth of opportunity in the rental market and with one company to supply rental apartments in the city of Atlantis they are bound to make a lot of money. The key is to apply the laws of supply and demand to the business so that is...

    719 Words | 1 Pages

  • Supply and Demand Simulation

     Supply and Demand Simulation ECO/365 August 12, 2013 Supply and Demand Simulation In this paper I will discuss and identify two microeconomics and two macroeconomics principles or concepts from the simulation. I will explain why I have categorized these principles or concepts as macroeconomic...

    1129 Words | 4 Pages