ECO 372 Course Experience Tradition / eco372tutor.com

1
ECO 372 Course Experience Tradition /
eco372tutor.com
The goal of higher education should be to
champion the airing of all honest viewpoints.
Nothing less is acceptable.
For more Tutorials
Visit Now
www.eco372tutor.com
2
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Entire Course
This tutorial contains New Assignments as well, Ch
eck Details  below  ECO 372 Week 1 Individual Assi
gnment Macroeconomic Terms ECO 372 Week 1 Individu
al Assignment Economic Definitions Worksheet (New)
ECO 372 Week 1 Knowledge Check ECO 372 Week 1 Dis
cussion Question 1 ECO 372 Week 1 Discussion Quest
ion 2 ECO 372 Week 2 knowledge Check ECO 372 week 
2 Team Weekly Reflection Economic Forecasting Pape
r (2 Papers) ECO 372 Week 2 Discussion Question 1 
ECO 372 Week 2 Group Discussion Question
3
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Final Exam (New)
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 i
sn't sure when the plant will reopen. What type of
 unemployment describes the workers' situation?
Frictional unemployment Structural unemployment
Full unemployment Cyclical unemployment
4
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Final Exam Guide (New 2017)
1. Martha lends 200 to a friend who promises to
return it after a year. Instead of lending it to
her friend, Martha could have put the money in a
bank where she could have earned an interest rate
of 2 percent per annum. Marthas opportunity cost
of lending the money is _____. 2 The exhibit
given below shows the short-run aggregate demand
and supply curves in an economy, AD1 and AS1, and
the long-run aggregate supply curve, LRAS. The
economy was initially in equilibrium when there
was a decrease in aggregate demand, causing a
shift of the aggregate demand curve from AD1 to
AD2. Which of the following is true in this case?
5
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 1 Assignment Ten Principles of
Economics and the Data of Macroeconomics (2
Papers)
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
6
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 1 Discussion Question 1 (Uop)
What is the difference between real and nominal
GDP? Does GDP accurately reflect our nations
well being? Explain
7
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 1 Discussion Question 2 (Uop)
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?
8
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 1 Individual Assignment Economic
Definitions Worksheet (New)
Complete the Macroeconomic Terms Worksheet. Click
the Assignment Files tab to submit your assignment
9
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 1 Individual Assignment
Macroeconomic Terms
Complete the Macroeconomic Terms.
10
ECO 372 Course Experience Tradition /
eco372tutor.com
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 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
11
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 2 Assignment The Real Economy in the
Long Run (2 Papers)
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.
12
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 2 Discussion Question 1 (Uop)
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.
13
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 2 Group Discussion Question (Uop)
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?
14
ECO 372 Course Experience Tradition /
eco372tutor.com
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 Identify and define two economic
indicators that reflect the strength of the
economy (e.g. real GDP, unemployment rate,
inflation rate, interest rate, housing starts,
etc.).
15
ECO 372 Course Experience Tradition /
eco372tutor.com
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.  8.The
central difference between the standard theory
and the structural stagnation hypothesis when it
comes to growth is
16
ECO 372 Course Experience Tradition /
eco372tutor.com
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
How economists are both scientists and
policymakers and what principles society uses to
allocate its scarce resources Using the
circular flow model, explain the flow of money
and goods in an economy.
17
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 3 Discussion Question 1 (Uop)
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?
18
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 3 Group Discussion Question (Uop)
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.
19
ECO 372 Course Experience Tradition /
eco372tutor.com
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
20
ECO 372 Course Experience Tradition /
eco372tutor.com
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.
21
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 3 Team Assignment Money and the
Prices in the Long Run and Open Economies (2
Papers)
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 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.
22
ECO 372 Course Experience Tradition /
eco372tutor.com
 ECO 372 Week 4 Discussion Question 1 (Uop)
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?
23
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 4 Group Discussion Question (Uop)
Define trade surplus and  trade deficit? How do
trade deficits and surpluses affect exchange rate
and the industry in which you work?
24
ECO 372 Course Experience Tradition /
eco372tutor.com
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? What
motivates policymakers to stimulate the economy
or contract the economy? Based on your
research, what does the Federal Reserve say about
its policy goals?
25
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 4 knowledge Check
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,
26
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 4 Team Assignment Short-Run Economic
Fluctuations (2 PPT)
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.
27
ECO 372 Course Experience Tradition /
eco372tutor.com
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 5.If a country wants
to prevent its exchange rate from falling, it
could
28
ECO 372 Course Experience Tradition /
eco372tutor.com
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.
29
ECO 372 Course Experience Tradition /
eco372tutor.com
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 Tax incentives for saving Evaluate both
the advocates' position and the critics'
position.
30
ECO 372 Course Experience Tradition /
eco372tutor.com
ECO 372 Week 5 Team Assignment Major Debates over
Macroeconomic Policy
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.
31
ECO 372 Course Experience Tradition /
eco372tutor.com
The goal of higher education should be to
champion the airing of all honest viewpoints.
Nothing less is acceptable.
For more Tutorials
Visit Now
www.eco372tutor.com