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Eco 372 UOP Course Tutorial For more course tutorials visit www.uophelp.com
Eco 372 UOP Course Tutorial ECO 372 Final Exam Guide ECO 372 Week 1 Discussion Question 1 What is the difference between real and nominal GDP? Does GDP accurately reflect our nation’s well being? Explain. • 1) 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
Eco 372 UOP Course Tutorial ECO 372 Week 1 Discussion Question 2 ECO 372 Week 1 Individual Assignment Term Definition 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 • 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?
Eco 372 UOP Course Tutorial ECO 372 Week 2 Discussion Question 1 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? • 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.
Eco 372 UOP Course Tutorial ECO 372 Week 2 Team Assignment Industry 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? • 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:
Eco 372 UOP Course Tutorial ECO 372 Week 3 Group Discussion Question ECO 372 Week 3 Individual Assignment Fiscal Policy 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: • What are the uses of money?Describe how rapid inflation can undermine money’s 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.
Eco 372 UOP Course Tutorial ECO 372 Week 3 Team Assignment Economic 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? • 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
Eco 372 UOP Course Tutorial ECO 372 Week 4 Group Discussion Question ECO 372 Week 4 Team Assignment Economic 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. • Define trade surplus and trade deficit? How do trade deficits and surpluses affect exchange rate and the industry in which you work?
Eco 372 UOP Course Tutorial ECO 372 Week 5 Individual Assignment Applying ECO 372 Week 5 Team Assignment Economic Project 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. • 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.
Eco 372 UOP Course Tutorial For more course tutorials visit www.uophelp.com