One of the lessons of economics is that “there is no such thing as a free lunch.”  This means that businesses, consumers and whole societies face tradeoffs whenever they make a decision

The Discussion Board (DB) is part of the core of online learning. Classroom discussion in an online environment requires the active participation of students and the instructor to create robust interaction and dialogue. Every student is expected to create an original response to the open-ended DB question as well as engage in dialogue by responding to posts created by others throughout the week. At the end of each unit, DB participation will be assessed based on both level of engagement and the quality of the contribution to the discussion.

At a minimum, each student will be expected to post an original and thoughtful response to the DB question and contribute to the weekly dialogue by responding to at least two other posts, either the instructor’s response to one of your posts, or posts from students. The first contribution must be posted before midnight (Central Time) on Friday of each week. Two additional responses are required, each on different days, after Friday of each week. Students are highly encouraged to engage on the Discussion Board early and often – at a minimum of three (3) different days each week, as this promotes learning and is an important factor in grading for the Discussion Board assignment.

The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each week.

Assignment Details

This assignment has 3 parts.

One of the lessons of economics is that “there is no such thing as a free lunch.”  This means that businesses, consumers and whole societies face tradeoffs whenever they make a decision.  Please draw on your own experiences in order to discuss the following:

Explain a decision that you have made at work or concerning your career.

Identify and explain the tradeoffs you faced.

List the alternatives, identify the highest valued alternative, and explain the particular course of action you chose.

In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.