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1
ECO 372 Course Extraordinary Success
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ECO 372 Course Extraordinary Success
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  • ECO 372 Entire Course
  • ECO 372 Final Exam (New)
  • This tutorial contains New Assignments as well,
    Check Details below
  • 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
  • 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 Course Extraordinary Success
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  • ECO 372 Week 1 Discussion Question 1 (UOP Course)
  • ECO 372 Week 1 Discussion Question 2 (UOP Course)
  • What is the difference between real and nominal
    GDP? Does GDP accurately reflect our nations
    well being? Explain.
  • 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 Course Extraordinary Success
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  • ECO 372 Week 1 Individual Assignment Economic
    Definitions Worksheet (New)
  • ECO 372 Week 1 Individual Assignment
    Macroeconomic Terms
  • Complete the Macroeconomic Terms Worksheet.
  • Click the Assignment Files tab to submit your
    assignment.
  • Complete the Macroeconomic Terms.

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ECO 372 Course Extraordinary Success
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  • ECO 372 Week 1 Individual Assignment Term
    Definition Paper (UOP Course)
  • ECO 372 Week 1 Knowledge Check
  • 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
  • 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

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ECO 372 Course Extraordinary Success
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  • ECO 372 Week 2 Assignment The Real Economy in the
    Long Run
  • ECO 372 Week 2 Discussion Question 1 (UOP Course)
  • 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.
  • 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 Course Extraordinary Success
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  • ECO 372 Week 2 Individual Assignment Product
    Purchases and the Economy
  • ECO 372 Week 2 knowledge Check
  • 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
  • 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 Course Extraordinary Success
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  • ECO 372 Week 2 Principles of Economics and the
    Data of Macroeconomics (2 Papers)
  • ECO 372 Week 2 Team Assignment Industry Overview
    Paper (UOP Course)
  • 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.
  • 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)

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ECO 372 Course Extraordinary Success
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  • ECO 372 Week 3 Discussion Question 1 (UOP Course)
  • ECO 372 Week 3 Group Discussion Question (UOP
    Course)
  • What is the difference between contractionary and
    expansionary monetary policy? Which is more
    appropriate today? What are the
  • 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.

10
ECO 372 Course Extraordinary Success
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  • ECO 372 Week 3 Individual Assignment Fiscal
    Policy Alternatives Simulation (UOP Course)
  • ECO 372 Week 3 knowledge Check
  • 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.
  • List four key points from the readings
    emphasized in the simulation.
  • This assignment is due in the Assignment Folder
    by Sunday (Day 6).
  • 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

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ECO 372 Course Extraordinary Success
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  • ECO 372 Week 3 Team Assignment Economic
    Indicators Paper (UOP Course)
  • ECO 372 Week 3 Team Assignment Fiscal Policy Paper
  • 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.
  • Analyze the relationship among inflation,
    unemployment, and the business cycle on the
    industry.
  • Assess the effect of inflation, unemployment, and
    the business cycle on the industry. Explain
    whether current economic conditions are more
    consistent with Keynesian or classical economic
    theories.
  • 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

12
ECO 372 Course Extraordinary Success
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  • ECO 372 Week 3 Team Assignment Money and the
    Prices in the Long Run and Open Economies (2
    Papers)
  • ECO 372 Week 4 Discussion Question 1 (UOP Course)
  • 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. To do so, you should
  • 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 Extraordinary Success
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  • ECO 372 Week 4 Group Discussion Question (UOP
    Course)
  • ECO 372 Week 4 Individual Assignment
    International Economics Paper
  • Define trade surplus and trade deficit? How do
    trade deficits and surpluses affect exchange rate
    and the industry in which you work?
  • 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 Course Extraordinary Success
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  • ECO 372 Week 4 knowledge Check
  • ECO 372 Week 4 Team Assignment Economic Indicator
    Forecast Paper (UOP Course)
  • 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
  • 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 Extraordinary Success
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  • ECO 372 Week 4 Team Assignment Short-Run Economic
    Fluctuations (2 PPT)
  • ECO 372 Week 4 Team Reflection Supply Chain and
    Demand Model
  • 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
  • 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 Course Extraordinary Success
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  • ECO 372 Week 5 Individual Assignment Applying
    International Trade Concepts Simulation (UOP
    Course)
  • ECO 372 Week 5 knowledge Check
  • 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.
  • Explain how changes in monetary
    policies affect exchange rate.
  • List four key points from the readings
    emphasized in the simulation.
  • 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 Course Extraordinary Success
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  • ECO 372 Week 5 Team Assignment Deficit and Debt
    Presentation
  • ECO 372 Week 5 Team Assignment Economic Project
    Paper (UOP Course)
  • 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.
  • 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 Extraordinary Success
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  • ECO 372 Week 5 Team Assignment Major Debates over
    Macroeconomic Policy (2 Papers)
  • 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

19
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