ECO 372 edu Endless Education/eco372edu.com

1. ECO 372 edu Endless Education/eco372edu.com FOR MORE CLASSES VISIT www.eco372edu.com

2. ECO 372 All Assignments (2 Set) • 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) • ECO 372 Week 4 Team Assignment Short-Run Economic Fluctuations (2 PPT) • ECO 372 Week 5 Team Assignment Major Debates over Macroeconomic Policy (2 Papers) • ECO 372 Week 1 Individual Assignment Macroeconomic T

3. 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

4. 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. Martha’s 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 Week 1 Assignment Ten Principles of Economics and the Data of Macroeconomics (2 Papers) • 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 the following information in your report to members of the strategic planning committee:

6. ECO 372 Week 1 Discussion Question 1 (Uop) • What is the difference between real and nominal GDP? Does GDP accurately reflect our nation’s well being? Explain.

7. 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 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 Week 1 Individual Assignment Macroeconomic Terms • Complete the  Macroeconomic Terms.

10. 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 

11. 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 organization’s 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 team’s 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:

12. 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 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.). • · With these economic indicators 

14. 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 • 5.In 2009, the personal savings rate rose. If the additional savings were not translated into investment, Keynes would predict that aggregate income would •  6.According to the Keynesian model, • 7.The study of economic growth focuses on the factors that cause an

15. ECO 372 Week 2 Principles of Economics and the Data of Macroeconomics (2 Papers) • 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 the following information in your

16. ECO 372 Week 3 Knowledge Check • 1.If you expect interest rates to rise, you will want to be holding • Bottom of Form • Top of Form • 2.The interest rate is the price paid for the use of a • Bottom of Form • Top of Form

17. 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. • · Have other macroeconomic events impacted the economy 

18. 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:

19. ECO 372 Week 3 Team Assignment Money and the Prices in the Long Run and Open Economies PRESENTATION • Money and the Prices in the Long Run and Open Economies • Purpose of Assignment  • Week 3 will help students develop an understanding of what money is, what forms money takes, how the banking system helps create money, and how the Federal Reserve controls the quantity of money. Students will learn how the quantity of money affects inflation and interest rates in the long run, and production and employment in the short run. Students will find that, in the long run

20. 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 

21. 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 

22. 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 s

23. 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.

24. 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 • 6.All other things being equal, an increase in trade restrictions on imports will

25. 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. • · What are expectations regarding the strength 

26. 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

27. ECO 372 edu Endless Education/eco372edu.com FOR MORE CLASSES VISIT www.eco372edu.com