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ECO 372 Course Tutorial

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ECO 372 Course Tutorial

• ECO 372 Final Exam Guide

• ECO 372 Week 1 Discussion Question 1

• ) The largest source of household income in the U.
  S. is obtained from     2) The market where busi
  ness sell goods and services to households and the
   government is called the    3) Real gross domes
  tic product is best defined as   4) Underemploym
  ent includes people 

• What is the difference between real and nominal
  GDP? Does GDP accurately reflect our nations
  well being? Explain.

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ECO 372 Course Tutorial

• ECO 372 Week 1 Discussion Question 2

• ECO 372 Week 1 Individual Assignment Term
  Definition Paper

• 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?

• Prepare a 700- to 1,050-word paper in which you
  define the following terms
•  
• Gross domestic product (GDP)
• Real GDP
• Unemployment rate
• Inflation rate
• Interest rate

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ECO 372 Course Tutorial

• ECO 372 Week 2 Discussion Question 1

• ECO 372 Week 2 Group Discussion Question

• 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.

• 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 Course Tutorial

• ECO 372 Week 2 Team Assignment Industry Overview
  Paper

• ECO 372 Week 3 Discussion Question 1

• Prepare a 1,400-1,750-word paper based on your
  selected industry. Include in your paper a brief
  history of the industry, an industry overview,
  and a SWOTT (Strengths, Weaknesses,
  Opportunities, Threats, and Trends) analysis of
  the industry. Define and address the impact of
  the following required economic elements
•  
• Real GDP
• Unemployment rate
• Inflation rate as measured by the Consumer Price
  Index (CPI)

• 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 Course Tutorial

• ECO 372 Week 3 Group Discussion Question

• ECO 372 Week 3 Individual Assignment Fiscal
  Policy Alternatives Simulation

• 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.

• Resource Evaluating Fiscal Policy Alternatives
  simulation
•  
• Access and complete the Evaluating Fiscal Policy
  Alternatives simulation on the student website.
  Based on your learning, reading, and the
  simulation, prepare a 200-400-word summary
•  
• Address your Growing Further results.
• List the effects of the changes in fiscal policy
  in the simulation.

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ECO 372 Course Tutorial

• ECO 372 Week 3 Team Assignment Economic
  Indicators Paper

• ECO 372 Week 4 Discussion Question 1

• Prepare a 1,400- to 1,750-word paper in which you
  define each indicator from the Industry Overview
  paper, and describe its current status. In
  addition, present a separate graph for each
  indicator, illustrating each historic trend.

• 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 Course Tutorial

• ECO 372 Week 4 Group Discussion Question

• ECO 372 Week 4 Team Assignment Economic Indicator
  Forecast Paper

• Define trade surplus and  trade deficit? How do
  trade deficits and surpluses affect exchange rate
  and the industry in which you work?

• Use the economic indicators from your Industry
  Overview Paper.
•  Prepare a 1,400- to 1,750-word paper in which
  you compare and contrast at least two two-year
  forecasts from separate sources, for each
  economic indicator.
• Include an explanation of the differences among
  forecasts for each indicator and a
  rationalization for which forecasts are most
  accurate. How does your chosen forecast affect
  operational and planning issues in your industry?
  Defend your opinion.

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ECO 372 Course Tutorial

• ECO 372 Week 5 Individual Assignment Applying
  International Trade Concepts Simulation

• ECO 372 Week 5 Team Assignment Economic Project
  Paper

• Resource Applying International Trade Concepts
  simulation
• Access and complete the Applying International
  Trade Concepts simulation, located on the
  Materials page of the student website.
• Prepare a 200-400-word summary
•  
• Address your Concept Summary results.

• Prepare a 3,500- to 4,550-word paper based on the
  analysis in your Learning Team assignments that
  are applicable to the final project.
•  
• Include an in-depth analysis on how your forecast
  will affect your industry.
•  
• Include an evaluation of the effect of past and
  current fiscal policies, monetary policies,
  budget deficits, or surpluses on the economy and
  your industry.

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ECO 372 Course Tutorial
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