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ECO 372 EDU Expect Success eco372edudotcom

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ECO 372 Week 1 Individual Assignment Macroeconomic Terms ECO 372 Week 1 Individual Assignment Economic Definitions Worksheet (New) ECO 372 Week 1 Knowledge Check ECO 372 Week 1 Discussion Question 1 ECO 372 Week 1 Discussion Question 2 ECO 372 Week 2 knowledge Check ECO 372 week 2 Team Weekly Reflection Economic Forecasting Paper (2 Papers) – PowerPoint PPT presentation

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Title: ECO 372 EDU Expect Success eco372edudotcom


1
ECO 372 EDU Expect Success /eco372edudotcom
  • FOR MORE CLASSES VISIT
  • www.eco372edu.com

2
ECO 372 Entire Course
  • ECO 372 Week 1 Individual Assignment
    Macroeconomic Terms
  • ECO 372 Week 1 Individual Assignment Economic
    Definitions Worksheet (New)
  • ECO 372 Week 1 Knowledge Check
  • ECO 372 Week 1 Discussion Question 1
  • ECO 372 Week 1 Discussion Question 2
  • ECO 372 Week 2 knowledge Check
  • ECO 372 week 2 Team Weekly Reflection Economic
    Forecasting Paper (2 Papers)
  • ECO 372 Week 2 Discussion Question 1
  • ECO 372 Week 2 Group Discussion Question
  • ECO 372 Week 2 Individual Assignment Product
    Purchases and the Economy

3
ECO 372 Final Exam (New)
  • 1. News Story Workers at a car-manufacturing
    plant in Flint, Michigan are laid off because the
    economy is weak and GM cars aren't selling well.
    GM isn't sure when the plant will reopen. What
    type of unemployment describes the workers'
    situation?
  • Frictional unemployment
  • Structural unemployment
  • Full unemployment
  • Cyclical unemployment

4
ECO 372 Final Exam Guide (Uop)
  • 1) The largest source of household income in the
    U.S. is obtained from
  • 2) The market where business sell goods and
    services to households and the government is
    called the3) Real gross domestic product is best
    defined as4) Underemployment includes people A.
    who work "off-the-books" to avoid tax liabilities
    B. who are working part time, or not using all
    their skills at a full-time job5) The Bureau of
    Economic Analysis is responsible for which of the
    following?6) The Federal Reserve provides which
    of the following data?

5
ECO 372 Week 1 Discussion Question 1 (Uop)
  • What is the difference between real and nominal
    GDP? Does GDP accurately reflect our nations
    well being? Explain.

6
ECO 372 Week 1 Discussion Question 2 (Uop)
  • Unemployment rate measures the number of
    unemployed workers in the labour force. List and
    explain three types of unemployment. Find the
    most recent unemployment rate of your state. From
    a personal perspective, can you explain your view
    of the current job market in your local area?

7
ECO 372 Week 2 Individual Assignment Product
Purchases and the Economy
  • You've been debating on making a purchase for
    yourself. This is a product you've wanted for a
    while, but one that requires budgeting because
    you will be making monthly payments.
  • Select a product in which the demand for the
    product is clearly affected by the strength or
    weakness of the overall economy such as new
    homes, cars, appliances, smart phones, etc.
  • Write a 1,050- to 1,400-word paper in which you
    address the following
  • Identify and define two economic indicators that
    reflect the strength of the economy (e.g. real
    GDP, unemployment rate, inflation rate, interest
    rate, housing starts, etc.).
  • With these economic indicators in mind, how has
    the economy affected the demand for and supply of
    your selected product over the last 2 years?

8
ECO 372 Week 1 Individual Assignment
Macroeconomic Terms
  • Complete the Macroeconomic Terms.

9
ECO 372 Week 1 Knowledge Check
  • 1.The two frameworks conventional economists
    generally use to analyze macroeconomic issues are
  • 2.The relationship between real and nominal
    interest rate can be expressed by
  • 3.Which of the following economic activities
    would be included in the U.S. domestic gross
    product (GDP)?
  • 4.Cyclical unemployment is defined as
    unemployment that results from
  • 5.The longest business cycle expansion in U.S.
    history occurred in the 10 years from
  • 6.Economics is the study of how
  • 7.Given that diesel cars get much better gas
    mileage than the typical car, an increase in the
    price of gasoline would be expected to

10
ECO 372 Week 2 Discussion Question 1 (Uop)
  • How do Classical and Keynesian economists differ
    in their view of the aggregate supply curve?How
    does this influence what Classical and Keynesian
    economists believe about fiscal policy?
  • Do you think the current President and Congress
    were taking Classical approach in their fiscal
    policies? Explain your answer.

11
ECO 372 Week 2 Group Discussion Question (Uop)
  • What is the difference between contractionary and
    expansionary fiscal policies? Which is more
    appropriate today? Explain your answer. How might
    contractionary and expansionary fiscal policies
    affect your organization?

12
ECO 372 Week 2 knowledge Check
  • 1.The globalized AS/AD curve is the standard
    AS/AD model with an added
  • 2.According to Say's Law, people
  • 3.A shift in the long-run aggregate supply curve
    will change
  • 4.The hypothesis about the macroeconomy that sees
    the recent problems with the U.S. economy
    directly related to the structural problems
    caused by globalization is referred to as the
    __________ hypothesis.
  • 8.The central difference between the standard
    theory and the structural stagnation hypothesis
    when it comes to growth is
  • 5.In 2009, the personal savings rate rose. If the
    additional savings were not translated into

13
ECO 372 Week 2 Team Weekly Reflection Economic
Forecasting Paper (2 Papers)
  • Develop a list of resources you might use to
    gather historical economic data as well as
    economic forecast data.
  • Explain how and why each source is valuable and
    useful.
  • Identify any quantitative or qualitative
    forecasting factors contained in the sources.
  • Discuss this weeks objectives with your team.
    Your discussion should include the topics you
    feel comfortable with, any topics you struggled
    with, and how the weekly topics relate to
    application in your field.
  • Write a 350- to 1,050-word paper that details
    your team's findings.

14
ECO 372 Week 3 Discussion Question 1 (Uop)
  • What is the difference between contractionary and
    expansionary monetary policy? Which is more
    appropriate today? What are the impacts of this
    policy on US economy?

15
ECO 372 Week 3 Group Discussion Question (Uop)
  • What are the uses of money?Describe how rapid
    inflation can undermine moneys ability to
    perform its three basic functions. Will current
    Fed's policy hinder money's ability to perform
    its three basic functions? Explain your rational.

16
ECO 372 Week 3 knowledge Check
  • 1.If you expect interest rates to rise, you will
    want to be holding
  • Bottom of Form
  • Top of Form
  • 2.The interest rate is the price paid for the use
    of a
  • Bottom of Form
  • Top of Form
  • 3.Which of the following do policy makers tend to
    target when setting monetary policy?
  • Bottom of Form
  • Top of Form
  • 4.If the Federal Reserve reduced its reserve
    requirement from 6.5 percent to 5 percent, this
    policy would most likely

17
ECO 372 Week 3 Team Assignment Fiscal Policy Paper
  • Select an organization with which the team is
    familiar.
  • Write a 1,400- to 1,750-word paper in which you
    include the following
  • Research federal government spending and taxes
    over the last 3-5 years (fiscal policy). Has
    total government spending increased or decreased?
    Explain. Have income tax rates increased or
    decreased? Explain.
  • Describe the impact of these fiscal policies on
    the U.S. economy
  • Describe the impact of these fiscal policies on
    your team's selected organization.
  • Have other macroeconomic events impacted the
    economy and/or your selected organization? If so,
    explain.

18
ECO 372 Week 4 Discussion Question 1 (Uop)
  • Who benefits from a tariff or quota? Who loses?
    What are the positives and negatives of
    protectionist trade policies? Which policy is
    best right now?

19
ECO 372 Week 4 Group Discussion Question (Uop)
  • Define trade surplus and trade deficit? How do
    trade deficits and surpluses affect exchange rate
    and the industry in which you work?

20
ECO 372 Week 4 Individual Assignment
International Economics Paper
  • Select an organization that both U.S. and
    international presences.
  • Write a 1,050- to 1,400-word paper in which you
    answer address the following
  • What does the president and congress do to
    stimulate the economy? What does the president
    and congress do to contract the economy?
  • What does the Federal Reserve do to stimulate the
    economy? What does the Federal Reserve do to
    contract the economy?

21
ECO 372 Week 4 knowledge Check
  • 1.In the long-run framework, budget surpluses
  • 2. The budget deficit or surplus is
  • 3.Deficits and surpluses are best viewed as
  • 4.Suppose the government increases spending by
    30 billion and raises taxes at by 20 billion at
    the same time. Then,
  • 5 Because automatic stabilizers lower transfer
    payments and raise tax receipts as an economy
    recovers from a recession, they
  • 6.Most of the government budget is mandatory
    spending through programs like Medicare and
    Social Security, and much of the rest is
    politically difficult to alter. Because of this,

22
ECO 372 Week 4 Team Reflection Supply Chain and
Demand Model
  • Discuss the relationship between supply chain and
    the supply and demand model.
  • Prepare a 350- to 1,050- word paper detailing the
    findings of your discussion.

23
ECO 372 Week 5 knowledge Check
  • 1.In the U.S. current account, most of the trade
    deficit results from an excess of imported
  • 2.What is the difference between the balance of
    trade and the balance of payments?
  • 3.If a government has implemented significantly
    higher trade tariffs, but does not want this
    action to affect the value of its currency, it
    will
  • 4. During 2007, the United States and Japan
    announced possible limits on Chinese imports
    through higher tariff rates on Chinese products.
    To avoid these limits, China would have to

24
ECO 372 Week 5 Team Assignment Deficit and Debt
Presentation
  • Create a 15- to 18-slide PowerPoint presentation
    including detailed speaker notes in which you
    include the following
  • Research the direction of monetary policy over
    the last 3-5 years. Has the money supply
    increased or decreased? Explain. Have interest
    rates increased or decreased? Explain.
  • Describe the impact of these monetary policies on
    the U.S. economy
  • Describe the impact of these monetary policies on
    your team's selected organization.

25
ECO 372 EDU Expect Success /eco372edudotcom
  • FOR MORE CLASSES VISIT
  • www.eco372edu.com
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