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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
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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
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ECO 372 Final Exam Guide   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
the  3) Real gross domestic product is best
defined as  4) 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
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ECO 372 Week 1 Discussion Question 1   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   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)   Complete the
Macroeconomic Terms Worksheet. Click the
Assignment Files tab to submit your assignment.
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ECO 372 Week 1 Individual Assignment
Macroeconomic Terms   The Macroeconomic Terms.
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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
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ECO 372 Week 2 Assignment The Real Economy in the
Long Run   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.
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ECO 372 Week 2 Discussion Question 1   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   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   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
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ECO 372 Week 2 Individual Fundamentals of
Macroeconomics Paper   Write a 700- to 1,400-word
paper summarizing the results. Consider the
following examples of economic activities Purchas
ing of groceries Massive layoff of
employees Decrease in taxes
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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.
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ECO 372 Week 2 Principles of Economics and the
Data of Macroeconomics (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 the following
information in your report to members of the
strategic planning committee
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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.
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ECO 372 Week 3 Discussion Question 1   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   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   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
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ECO 372 Week 3 Team Aggregate Demand and Supply
Models (2 Papers)   For this assignment, you will
choose from the following options
Option 1 Economic Advisement Paper
Option 2 Economic Critique Read the
instructions in the University of Phoenix
Material Aggregate Demand and Supply Models
located on the student website and select one
option to complete the assignment.
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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.
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ECO 372 Week 3 Team Assignment Money and the
Prices in the Long Run and Open Economies (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
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ECO 372 Week 4 Discussion Question 1   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   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   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?
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ECO 372 Week 4 Individual Federal Reserve
Presentation (2 PPT)   Your boss has chosen you
to give a presentation to a number of foreign
officials regarding the United States Federal
Reserve System. These officials are very
interested in doing business in the United
States, but they would like to learn more about
the Federal Reserve and how it operates. Develop
a 10- to 15-slide Microsoft PowerPoint
presentation. Address the following questions and
include a notes page which contains the write-up
portion to each question What are the
factors that would influence the Federal Reserve
in adjusting the discount rate?
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ECO 372 Week 4 knowledge Check   .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 Assignment Short-Run Economic
Fluctuations (2 PPT)   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.
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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.
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ECO 372 Week 5 Individual/Team International
Trade and Finance Speech (2 Papers)   Assume that
you have been appointed as the Speaker of the
House. You must deliver a speech about the
current state of the U.S. macroeconomy to a
number of amateur reporters who are unfamiliar
with economics. Prepare a 750- to 1,050-word
speech in simple terms and concepts that focus on
international trade and foreign exchange
rates. Integrate a summary of your answers tothe
following questions and cite external research to
further justify your facts
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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
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ECO 372 Week 5 Learning Team Fiscal Policy Paper
(2 Papers)   Discuss within your Learning Team
how and why the U.S.s deficit, surplus and debt
have an effect on the following Tax
payers Future Social Security and
Medicare users Unemployed individuals
University of Phoenix student
The United States financial reputation on an
international level
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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. Have events in the economies of
other countries impacted the U.S. economy? If
so, explain.
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ECO 372 Week 5 Team Assignment Major Debates over
Macroeconomic Policy (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. Determine which position you support
and defend your position.
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The Best way to predict the Future is to create
it.....To Best way....
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