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2. ECO 372 Entire Course (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

3. ECO 372 Final Exam Guide (Uop) • 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 • 3) Real gross domestic product is best defined as

4. 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.

5. 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?

6. ECO 372 Week 1 Individual Assignment Macroeconomic Terms • Complete the Macroeconomic Terms.

7. ECO 372 Week 1 Knowledge Check • 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

8. 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?

9. 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?

10. ECO 372 Week 2 Individual Fundamentals of Macroeconomics Paper • Resource: Figure 3-1 in Ch. 3 of Macroeconomics. • Part 1 • Describe the following terms in your word. • · Gross domestic product (GDP)

11. 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

12. ECO 372 Week 2 Team Weekly Reflection Economic Forecasting Paper (2 Papers) • This Tutorial contains 2 different Papers • Develop a list of resources you might use to gather historical economic data as well as economic forecast data. • Explain how and why each source is valuable and useful. • Identify any quantitative or qualitative forecasting factors contained in the sources.

13. 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?

14. ECO 372 Week 3 Group Discussion Question (Uop) • 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.

15. 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

16. ECO 372 Week 3 Team Aggregate Demand and Supply Models • This Tutorial contains 2 Different Papers • For this assignment, you will choose from the following options: • · Option 1: Economic Advisement Paper

17. 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?

18. 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?

19. ECO 372 Week 4 Individual Federal Reserve Presentation • 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.

20. 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

21. ECO 372 Week 4 Learning Team Weekly Reflection • 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.

22. 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.

23. ECO 372 Week 5 Individual Team International Trade and Finance Speech (2 Papers) • This tutorial contains 2 different Papers • Assume that you have been appointed as the Speaker of the House. You must deliver a speech about the current state of the U.S. macroeconomy to a number of amateur reporters who are unfamiliar with economics. • Prepare a 750- to 1,050-word speech in simple terms and concepts that focus on international trade and foreign exchange rates.

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

25. ECO 372 Week 5 Learning Team Fiscal Policy Paper • 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

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