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This tutorial contains New Assignments as well, Check Details below 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 – PowerPoint PPT presentation

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Title: ECO 372 Read, Lead, Succeed/uophelpdotcom


1
ECO 372 Read, Lead, Succeed/uophelpdotcom
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2
ECO 372 Entire Course
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  •  
  • This tutorial contains New Assignments as well, Ch
    eck Details below
  • ECO 372 Week 1 Individual Assignment Macroeconomic
     Terms
  • ECO 372 Week 1 Individual Assignment Economic Defi
    nitions 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 For
    ecasting Paper (2 Papers)
  • ECO 372 Week 2 Discussion Question 1 
  • ECO 372 Week 2 Group Discussion Question

3
ECO 372 Final Exam (New)
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  •  
  •  
  • 1. News Story Workers at a car-manufacturing plan
    t in Flint, Michigan are laid off because the econ
    omy is weak and GM cars aren't selling well. 
  • GM isn't sure when the plant will reopen. What typ
    e of unemployment describes the workers' situation
    ?
  • Frictional unemployment
  • Structural unemployment
  • Full unemployment
  • Cyclical unemployment
  • 2.

4
ECO 372 Final Exam Guide
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  • 1) The largest source of household income in the U
    .S. is obtained from2) The market where business 
    sell goods and services to households and the gove
    rnment is called the 3) Real gross domestic produ
    ct is best defined as   4) Underemployment includ
    es people     A.   who work "off-the-books" to av
    oid tax liabilities    B.   who are working part t
    ime, or not using all their skills at a full-time 
    job5) The Bureau of Economic Analysis is respons
    ible for which of the following?    6) The Federa
    l Reserve provides which of the following data?7)
     Consider if the government instituted a 10 percen
    t income tax surcharge. In terms of the AS/AD mode
    l, this change should have8) If the depreciation 
    of a country's currency increases its aggregate ex
    penditures by 20, the AD curve will     A.   shif
    t right by more than 20    B.   shift right by les
    s than 20    C.   shift right by exactly 20    D. 
      not shift at all    9) Aggregate demand managem
    ent policies are designed most directly to

5
ECO 372 Week 1 Discussion Question 1
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  • 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
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  • 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 1 Individual Assignment Economic
Definitions Worksheet (New)
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  •  
  • Complete the Macroeconomic Terms Worksheet.
  • Click the Assignment Files tab to submit your assi
    gnment.
  •  

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

9
ECO 372 Week 1 Knowledge Check
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  • 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
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  • 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
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  • 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 Individual Assignment Product
Purchases and the Economy
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  • You've been debating on making a purchase for your
    self.  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 produ
    ct is clearly affected by the strength or weakness
     of the overall economy such as new homes, cars, a
    ppliances, smart phones, etc.
  • Write a 1,050- to 1,400-word paper in which you ad
    dress the following 
  •  Identify and define two economic indicators that
     reflect the strength of the economy (e.g. real GD
    P, unemployment rate, inflation rate, interest rat
    e, 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?
  •  What was the impact on the supply of the product
     and the impact on the demand for the product?
  •  Explain the impact on the price of the product a
    nd your decision on whether or not to buy the prod
    uct. 
  •  Include responses to the following 
  • o How might you apply what you learned about suppl

13
ECO 372 Week 2 knowledge Check
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  •  
  • 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

14
ECO 372 Week 2 Team Weekly Reflection Economic
Forecasting Paper (2 Papers)
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  • This Tutorial contains 2 different 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.
  •  

15
ECO 372 Week 3 Discussion Question 1
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  • 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? 

16
ECO 372 Week 3 Group Discussion Question
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  • 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.

17
ECO 372 Week 3 knowledge Check
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  •  
  • 1.If you expect interest rates to rise, you will
    want to be holding
  • 2.The interest rate is the price paid for the use
    of a
  • 3.Which of the following do policy makers tend to
    target when setting monetary policy?
  • 4.If the Federal Reserve reduced its reserve
    requirement from 6.5 percent to 5 percent, this
    policy would most likely
  • 5.If banks hold excess reserves whereas before
    they did not, the money multiplier
  • 6.The process of money multiplier depends on
  • 7.Quantitative easing refers to 
  • 8.If the Fed wants an easier monetary policy, it
    might
  • 9.When the Fed raised the interest rates between
    2004 and 2007, the Federal Reserve
  •  

18
ECO 372 Week 3 Team Assignment Fiscal Policy
Paper
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  •  
  • Select an organization with which the team is fami
    liar.
  • Write a 1,400- to 1,750-word paper in which you in
    clude the following 
  •  Research federal government spending and taxes o
    ver the last 3-5 years (fiscal policy). Has total 
    government spending increased or decreased? Explai
    n.  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 eco
    nomy and/or your selected organization?  If so, ex
    plain.
  •  What are expectations regarding the strength of 
    the economy in the next 2 years?
  •  Make recommendations for your organization regar
    ding how to best compete in the expected economy. 
  • Include a minimum of 3 peer reviewed sources not i
    ncluding your textbook.
  • Click the Assignment Files tab to submit your assi
    gnment.

19
ECO 372 Week 4 Discussion Question 1
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  • 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?

20
ECO 372 Week 4 Group Discussion Question
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  •  
  • Define trade surplus and  trade deficit? How do
    trade deficits and surpluses affect exchange rate
    and the industry in which you work?

21
ECO 372 Week 4 Individual Assignment
International Economics Paper
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  •  
  • Select an organization that both U.S. and internat
    ional presences.
  • Write a 1,050- to 1,400-word paper in which you an
    swer address the following  
  •  What does the president and congress do to stimu
    late the economy? What does the president and cong
    ress do to contract the economy?
  •  What does the Federal Reserve do to stimulate th
    e economy? What does the Federal Reserve do to con
    tract the economy?
  •  What motivates policymakers to stimulate the eco
    nomy or contract the economy?
  •  Based on your research, what does the Federal Re
    serve say about its policy goals?
  •  What does the Federal Reserve say about the stre
    ngth of the economy?
  •  How does the strength of other economies outside
     of the U.S. affect your organization?
  •  Based on your research, recommend changes in you
    r organization's competitive strategies or supply 
    chain. 
  • Use a minimum of 3 peer reviewed sources not inclu
    ding your textbook

22
ECO 372 Week 4 knowledge Check
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  •  
  • 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,
  •  

23
ECO 372 Week 4 Team Reflection Supply Chain and
Demand Model
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  • 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.
  •  

24
ECO 372 Week 5 knowledge Check
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  •  
  • .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
  • 5.If a country wants to prevent its exchange rate
    from falling, it could
  • 6.All other things being equal, an increase in
    trade restrictions on imports will
  •  

25
ECO 372 Week 5 Team Assignment Deficit and Debt
Presentation
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  •  
  • Create a 15- to 18-slide PowerPoint presentation 
    including detailed speaker notes in which you incl
    ude the following 
  •  Research the direction of monetary policy over t
    he last 3-5 years. Has the money supply increased 
    or decreased? Explain.  Have interest rates increa
    sed or decreased? Explain. 
  •  Describe the impact of these monetary policies o
    n the U.S. economy
  •  Describe the impact of these monetary policies o
    n your team's selected organization.
  •  Have events in the economies of other countries 
    impacted the U.S. economy?  If so, explain.
  •  What are expectations regarding the strength of 
    the U.S. economy in the next 2 years?
  •  How do changes in the value of the U.S. dollar i
    mpact your selected organization?
  •  Make recommendations for your organization regar
    ding how to best compete in the expected global ec
    onomy. 
  • Include a minimum of 3 peer reviewed sources not i
    ncluding your text.
  • Click the Assignment Files tab to submit your assi
    gnment.

26
ECO 372 Read, Lead, Succeed/uophelpdotcom
  • For more course tutorials visit
  • www.uophelp.com
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