ECO 372 EDU Inspiring Minds/eco372edu.com

1
ECO 372 EDU Inspiring Minds/eco372edu.com

• For more course tutorials visit
• www.eco372edu.com

2
ECO 372 All Assignments (2 Set) FOR MORE
CLASSES VISIT www.eco372edu.com This Tutorial
contains 2 Papers/PPT for each Assignment ECO 372
Week 1 Assignment Ten Principles of Economics and
the Data of Macroeconomics (2 Papers) ECO 372
Week 2 Assignment The Real Economy in the Long
Run (2 Papers) ECO 372 Week 2 Principles of
Economics and the Data of Macroeconomics (2
Papers) ECO 372 Week 3 Team Assignment Money and
the Prices in the Long Run and Open Economies (2
Papers)
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ECO 372 Final Exam (New) FOR MORE CLASSES
VISIT www.eco372edu.com 1. News Story Workers a
t 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 t
he workers' situation? Frictional unemployment
Structural unemployment Full unemployment
Cyclical unemployment
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ECO 372 Week 1 Assignment Ten Principles of
Economics and the Data of Macroeconomics (2
Papers) FOR MORE CLASSES VISIT www.eco372edu.com
This Tutorial contains 2 Papers   Your
organizations 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 Principles of Macroeconomics as
your only source. Explain the following
information in your report to members of the
strategic planning committee How economists are
both scientists and policymakers and what
principles society uses to allocate its scarce
resources
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ECO 372 Week 1 Discussion Question 1 (Uop) FOR
MORE CLASSES VISIT www.eco372edu.com 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 (Uop) FOR
MORE CLASSES VISIT www.eco372edu.com Unemploymen
t 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) FOR MORE CLASSES
VISIT www.eco372edu.com Complete the Macroeconom
ic Terms Worksheet. Click the Assignment Files tab
 to submit your assignment.
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ECO 372 Week 1 Individual Assignment
Macroeconomic Terms FOR MORE CLASSES
VISIT www.eco372edu.com Complete the  Macroecono
mic Terms.
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ECO 372 Week 1 Knowledge Check FOR MORE CLASSES
VISIT www.eco372edu.com 1.The two frameworks con
ventional economists generally use to analyze macr
oeconomic issues are 2.The relationship between re
al 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 (GD
P)? 4.Cyclical unemployment is defined as unemploy
ment that results from 5.The longest business cycl
e expansion in U.S. history occurred in the 10 yea
rs from
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ECO 372 Week 2 Assignment The Real Economy in
the Long Run (2 Papers) FOR MORE CLASSES
VISIT www.eco372edu.com This Tutorial contains 2
Papers 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. Develop a 10-15 slide PPT that recommends
an off-shore country and support your choice with
the following data
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ECO 372 Week 2 Discussion Question (Uop) FOR
MORE CLASSES VISIT www.eco372edu.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?
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  ECO 372 Week 2 Discussion Question 1 (Uop) FOR
MORE CLASSES VISIT www.eco372edu.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.
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ECO 372 Week 2 Individual Assignment Product
Purchases and the Economy FOR MORE CLASSES
VISIT www.eco372edu.com You've been debating on ma
king a purchase for yourself.  This is a product y
ou've wanted for a while, but one that requires bu
dgeting because you will be making monthly payment
s.  Select a product in which the demand for the p
roduct is clearly affected by the strength or weak
ness of the overall economy such as new homes, car
s, appliances, smart phones, etc. Write a 1,050- t
o 1,400-word paper in which you address the follow
ing   Identify and define two economic indicator
s that reflect the strength of the economy (e.g. r
eal GDP, unemployment rate, inflation rate, intere
st rate, housing starts, etc.).  With these econo
mic indicators in mind, how has the economy affect
ed the demand for and supply of your selected prod
uct over the last 2 years?
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ECO 372 Week 2 Knowledge Check FOR MORE CLASSES
VISIT www.eco372edu.com 1.The globalized AS/AD c
urve is the standard AS/AD model with an added 2.A
ccording to Say's Law, people 3.A shift in the lon
g-run aggregate supply curve will change 4.The hyp
othesis about the macroeconomy that sees the recen
t problems with the U.S. economy directly related 
to the structural problems caused by globalization
 is referred to as the __________ hypothesis.  8.T
he central difference between the standard theory 
and the structural stagnation hypothesis when it c
omes to growth is
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ECO 372 Week 2 Principles of Economics and the
Data of Macroeconomics (2 Papers) FOR MORE
CLASSES VISIT www.eco372edu.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 Principles
of Macroeconomics as your only source.  Explain th
e following information in your report to members
of the strategic planning committee         
How economists are both scientists and
policymakers and what principles society uses to
allocate its scarce resources
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ECO 372 Week 3 Discussion Question 1 (Uop) FOR
MORE CLASSES VISIT www.eco372edu.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?
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ECO 372 Week 3 Knowledge Check FOR MORE CLASSES
VISIT www.eco372edu.com 1.If you expect interest r
ates to rise, you will want to be holding   Bottom
 of Form Top of Form 2.The interest rate is the pr
ice paid for the use of a   Bottom of Form Top of 
Form 3.Which of the following do policy makers ten
d to target when setting monetary policy?  
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ECO 372 Week 3 Team Assignment Fiscal Policy
Paper FOR MORE CLASSES VISIT www.eco372edu.com S
elect an organization with which the team is famil
iar. Write a 1,400- to 1,750-word paper in which y
ou include the following   Research federal gove
rnment spending and taxes over the last 3-5 years 
(fiscal policy). Has total government spending inc
reased or decreased? Explain.  Have income tax rat
es increased or decreased? Explain.   Describe th
e impact of these fiscal policies on the U.S. econ
omy  Describe the impact of these fiscal policies
 on your team's selected organization.
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ECO 372 Week 3 Team Assignment Money and the
Prices in the Long Run and Open Economies (2
Papers) FOR MORE CLASSES VISIT www.eco372edu.com T
his 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. To do so, you should Develop a 2,100-word
economic outlook forecast that includes the
following   Analyze the history of changes in
GDP, savings, investment, real interest rates,
and unemployment and compare to forecast for the
next five years.   Discuss how government
policies can influence economic growth.
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ECO 372 Week 4 Individual Assignment
International Economics Paper FOR MORE CLASSES
VISIT www.eco372edu.com Select an organization t
hat both U.S. and international presences. Write a
 1,050- to 1,400-word paper in which you answer ad
dress the following    What does the president a
nd congress do to stimulate the economy? What does
 the president and congress do to contract the eco
nomy?  What does the Federal Reserve do to stimul
ate the economy? What does the Federal Reserve do 
to contract the economy?  What motivates policyma
kers to stimulate the economy or contract the econ
omy?
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ECO 372 Week 4 knowledge Check FOR MORE CLASSES
VISIT www.eco372edu.com 1.In the long-run framew
ork, budget surpluses 2. The budget deficit or sur
plus is 3.Deficits and surpluses are best viewed a
s 4.Suppose the government increases spending by 
30 billion and raises taxes at by 20 billion at t
he same time. Then, 5 Because automatic stabilizer
s lower transfer payments and raise tax receipts a
s an economy recovers from a recession, they 6.Mos
t of the government budget is mandatory spending t
hrough 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 Assignment Short-Run
Economic Fluctuations (2 PPT) FOR MORE CLASSES
VISIT www.eco372edu.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.   Explain economic fluctuations
and how shifts in either aggregate demand or
aggregate supply can cause booms and recessions
using the model of aggregate demand and aggregate
supply.
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ECO 372 Week 4 Team Reflection Supply Chain and
Demand Model FOR MORE CLASSES VISIT www.eco372edu.
com Discuss the relationship between supply chai
n and the supply and demand model.  Prepare a 350-
 to 1,050- word paper detailing the findings of yo
ur discussion.
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ECO 372 Week 5 knowledge Check FOR MORE CLASSES
VISIT www.eco372edu.com 1.In the U.S. current ac
count, most of the trade deficit results from an e
xcess of imported 2.What is the difference between
 the balance of trade and the balance of payments?
3.If a government has implemented significantly h
igher trade tariffs, but does not want this action
 to affect the value of its currency, it will 4. D
uring 2007, the United States and Japan announced 
possible limits on Chinese imports through higher 
tariff rates on Chinese products. To avoid these l
imits, China would have to 5.If a country wants to
 prevent its exchange rate from falling, it could
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ECO 372 Week 5 Team Assignment Deficit and Debt
Presentation FOR MORE CLASSES VISIT www.eco372edu.
com Create a 15- to 18-slide PowerPoint presentat
ion including detailed speaker notes in which you 
include the following   Research the direction o
f monetary policy over the last 3-5 years. Has the
 money supply increased or decreased? Explain.  Ha
ve interest rates increased or decreased? Explain.
   Describe the impact of these monetary policies
 on the U.S. economy  Describe the impact of thes
e monetary policies on your team's selected organi
zation.  Have events in the economies of other co
untries impacted the U.S. economy?  If so, explain
.  What are expectations regarding the strength o
f the U.S. economy in the next 2 years?
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ECO 372 Week 5 Team Assignment Major Debates
over Macroeconomic Policy (2 Papers) FOR MORE
CLASSES VISIT www.eco372edu.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
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ECO 372 EDU Inspiring Minds/eco372edu.com

• For more course tutorials visit
• www.eco372edu.com