ECO 372 Reading feeds the Imagination/uophelpdotcom

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ECO 372 Reading feeds the Imagination/uophelpdotco
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ECO 372 Entire Course

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•  This tutorial contains New Assignments as well, C
  heck 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 

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ECO 372 Final Exam (New)

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•   1. News Story Workers at a car-manufacturing pl
  ant in Flint, Michigan are laid off because the ec
  onomy 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

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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?

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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.
• .

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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?

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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.
•  

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ECO 372 Week 1 Individual Assignment
Macroeconomic Terms

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•   Complete the  Macroeconomic Terms.

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ECO 372 Week 1 Knowledge Check

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• .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
•  

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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.

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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?

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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 

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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
• 5.In 2009, the personal savings rate rose. If the
  additional savings were not translated into
  investment, Keynes would predict that aggregate
  income would
•  6.According to the Keynesian model,
• 7.The study of economic growth focuses on the
  factors that cause an

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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.

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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?

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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.

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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
•  

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ECO 372 Week 3 Team Assignment Fiscal Policy Paper

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•  
•  Select an organization with which the team is fam
  iliar.
• 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?

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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?

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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?

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ECO 372 Week 4 Individual Assignment
International Economics Paper

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•  Select an organization that both U.S. and interna
  tional 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?

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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,

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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.

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ECO 372 Week 5 knowledge Check

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•  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
• 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

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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 inc
  lude 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.

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ECO 372 Reading feeds the Imagination/uophelpdotco
m

• For more course tutorials visit
• www.uophelp.com