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ECO 372 UOP Tutorial ECO 372 Entire Course ECO 372 Final Exam Guide (Uop) • ECO 372 Week 1 Individual Assignment Macroeconomic Terms • ECO 372 Week 1 Knowledge Check • ECO 372 Week 1 Discussion Question 1 • ECO 372 Week 1 Discussion Question 2 • ECO 372 Week 2 Individual Fundamentals of Macroeconomics Paper • 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 • 22) Considering an economy with a current trade deficit and considering only the direct effect on income, an expansionary monetary policy tends to • 23) The balance of trade measures the • 24) When a country runs a trade deficit, it does so by: • 25) Expansionary fiscal policy tends to
ECO 372 UOP Tutorial ECO 372 Week 1 Discussion Question 1 (Uop) ECO 372 Week 1 Discussion Question 2 (Uop) • What is the difference between real and nominal GDP? Does GDP accurately reflect our nation’s 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?
ECO 372 UOP Tutorial ECO 372 Week 1 Individual Assignment Macroeconomic Terms ECO 372 Week 1 Knowledge Check • The Macroeconomic Terms. • 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)?
ECO 372 UOP Tutorial ECO 372 Week 2 Discussion Question 1 (Uop) ECO 372 Week 2 Group Discussion Question (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? • 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?
ECO 372 UOP Tutorial ECO 372 Week 2 Individual Fundamentals of Macroeconomics Paper ECO 372 Week 2 knowledge Check • Write a 700- to 1,400-word paper summarizing the results. • Consider the following examples of economic activities: • Purchasing of groceries • Massive layoff of employees • Decrease in taxes • Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity. Relate at least one current event to the activities. • 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.
ECO 372 UOP Tutorial ECO 372 Week 2 Team Weekly Reflection Economic Forecasting Paper (2 Papers) ECO 372 Week 3 Discussion Question 1 (Uop) • Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. • 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?
ECO 372 UOP Tutorial ECO 372 Week 3 Group Discussion Question (Uop) ECO 372 Week 4 Group Discussion Question (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? • 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 Tutorial ECO 372 Week 3 Team Aggregate Demand and Supply Models (2 Papers) ECO 372 Week 3 knowledge Check • For this assignment, you will choose from the following options: • · Option 1: Economic Advisement Paper • · Option 2: Economic Critique • Read the instructions in the University of Phoenix Material: Aggregate Demand and Supply Models located on the student website and select one option to complete the assignment. • 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
ECO 372 UOP Tutorial ECO 372 Week 4 Individual Federal Reserve Presentation (2 PPT) ECO 372 Week 4 knowledge Check • Your boss has chosen you to give a presentation to a number of foreign officials regarding the United States Federal Reserve System. These officials are very interested in doing business in the United States, but they would like to learn more about the Federal Reserve and how it operates. • 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,
ECO 372 UOP Tutorial ECO 372 Week 4 Team Reflection Supply Chain and Demand Model ECO 372 Week 5 Individual Team International Trade • 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. • Prepare a 750- to 1,050-word speech in simple terms and concepts that focus on international trade and foreign exchange rates. • Integrate a summary of your answers tothe following questions and cite external research to further justify your facts: • · What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved.
ECO 372 UOP Tutorial ECO 372 Week 5 Learning Team Fiscal Policy Paper (2 Papers) • Discuss within your Learning Team how and why the U.S.’s deficit, surplus and debt have an effect on the following: • · Tax payers • · Future Social Security and Medicare users • · Unemployed individuals • · University of Phoenix student • · The United State’s financial reputation on an international level