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Title: ECO 372 Reading feeds the Imagination/Uophelpdotcom


1
ECO 372 Reading feeds the Imagination/Uophelp.com
  • For more course tutorials visit
  • www.uophelp.com

2
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Entire Course
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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

3
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Final Exam (New)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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

4
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 1 Discussion Question 1
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • What is the difference between real and nominal
    GDP? Does GDP accurately reflect our nations
    well being? Explain.

5
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 1 Discussion Question 2
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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?

6
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 1 Individual Assignment Economic
    Definitions Worksheet (New)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Complete the Macroeconomic Terms Worksheet.
  • Click the Assignment Files tab to submit your assi
    gnment.
  •  

7
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 1 Individual Assignment
    Macroeconomic Terms
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Complete the  Macroeconomic Terms.

8
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 1 Knowledge Check
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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

9
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 2 Assignment The Real Economy in the
    Long Run
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Select on an organization and a product line or
    specific product from the Fortune 500 Use the
    University Library to locate this list in one of
    the following industries Transportation,
    Manufacturing, or Housing.
  • The organizations strategic plan calls for an
    aggressive growth plan, requiring investment in
    facilities and equipment, growth in productivity,
    and labor over the next five years. It is your
    teams task to determine where, outside the
    United States, your organization should locate
    its new manufacturing plant.

10
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 2 Discussion Question 1
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 2 Group Discussion Question
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 2 Individual Assignment Product
    Purchases and the Economy
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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.

13
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 2 knowledge Check
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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,

14
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 2 Principles of Economics and the
    Data of Macroeconomics (2 Papers)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • This Tutorial contains 2 Papers
  • Your organization's CEO is concerned that members
    of the strategic planning committee are not
    familiar with current economic thought and
    principles. The CEO has assigned you the task of
    developing an 875-word report to introduce some
    of these thoughts and principles. Use Chapters 1,
    2, 3, 4, 5, 6 and 7 in Principl0065s of
    Macroeconomics as your only source.

15
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 3 Discussion Question 1
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 3 Group Discussion Question
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 3 knowledge Check
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 3 Team Assignment Fiscal Policy
    Paper
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Select an organization with which the team is fami
    liar.

19
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 3 Team Assignment Money and the
    Prices in the Long Run and Open Economies (2
    Papers)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • This Tutorial contains 2 Papers
  • The organization's strategic plan you wrote about
    in Week 2 calls for an aggressive growth plan,
    requiring investment in facilities and equipment,
    growth in productivity, and labor over the next
    five years. It is your responsibility to
    determine how the U.S economy during this five
    year period will impact such an aggressive growth
    plan.

20
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 4 Discussion Question 1
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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?

21
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 4 Group Discussion Question
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • Define trade surplus and  trade deficit? How do
    trade deficits and surpluses affect exchange rate
    and the industry in which you work?

22
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 4 Individual Assignment
    International Economics Paper
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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?

23
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 4 knowledge Check
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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,
  •  

24
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 4 Team Assignment Short-Run Economic
    Fluctuations (2 PPT)
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • This Tutorial contains 2 Presentations
  • Select an organization your team is familiar with
    or an organization where a team member currently
    works.
  • Create a 15- to 20-slide Microsoft PowerPoint
    presentation that will be presented to the
    organization's Executive Committee. The
    presentation should cover the following items
  • Identify the three key facts about short-run
    economic fluctuations and how the economy in the
    short run differs from the economy in the long
    run.

25
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 4 Team Reflection Supply Chain and
    Demand Model
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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.
  •  

26
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 5 knowledge Check
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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

27
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 5 Team Assignment Deficit and Debt
    Presentation
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • 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.

28
ECO 372 Reading feeds the Imagination/Uophelp.com
  • ECO 372 Week 5 Team Assignment Major Debates over
    Macroeconomic Policy
  • For more course tutorials visit
  • www.uophelp.com
  •  
  • This Tutorial contains 2 Papers
  • Select two subjects from the following list of
    topics and write a 1,050-word analysis
  • Active monetary and fiscal policy
  • Increased government spending to fight
    recessions
  • Reducing federal government's discretionary
    powers
  • Zero-inflation target
  • Balanced government budget
  • Tax incentives for saving
  • Evaluate both the advocates' position and the
    critics' position.

29
ECO 372 Reading feeds the Imagination/Uophelp.com
  • For more course tutorials visit
  • www.uophelp.com
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