ECO 372 Entire Course

ECO 372 Entire Course
ECO 372 Week 1 Team

Download the Team Charter Template from the Library tab,
'Tools for Teams'. Completion by each member of the team is required



ECO 372 Week 2 Product
Purchases and the Economy

Write a
APA conforming 1,050- to 1,400-word paper in which you address the

• Select a product in which the demand for the product is clearly affected
by the strength or weakness of the overall economy in one of these
categories: Real Estate, Transportation, or Travel.

• Identify and define two economic indicators that reflect the strength of
the economy (e.g. real GDP, unemployment rate, inflation rate, interest
rate, and/or housing starts).

With these economic indicators in mind, how has the economy affected the
demand for and supply of your selected product over the last 2 years?
(Provide specific data and sources to confirm your notions)

• Explain the impact on the price of the product and your decision
on whether or not to buy the product.

• Include responses to the following:

    • How might you apply what you learned about supply and
demand to your work place or your understanding of the    
  product you are considering purchasing?

    • How do the concepts of macroeconomics help you understand
the factors that affect shifts in supply and demand      
  on the price of the product?

Cite a minimum of three peer-reviewed sources not including
your textbook. Click the Assignment Files tab to submit your

SupportingMaterial:Week 1 Khan Academy VideosProduct Purchases and the Economy
Grading Guide



ECO 372 Week 2 Economic

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.

Produce a 5-7 PPT documenting the discussion. Use the notes section of the
PPT to explain any additional points made on the slides



ECO 372 Week 3 Fiscal
Policy Paper

either a public or private [no quasi public or private entities]
organization such as a US Federal Agency (e.g. Dept. of Education) or a
Fortune 1000 Company and,

an APA conforming 1,400- to 1,750-word paper in which you include the

Research federal government spending and taxes over the last 3 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
in terms of the generalized business cycle terminology. Where are
we currently in the business cycle?

Describe the impact of these fiscal policies on your team's
selected organization. Provide specific data to justify your description

• Have other macroeconomic events impacted the economy and/or your
selected organization? If so, explain.

• What are expectations regarding the strength of the economy in the next
2 years, again in terms of the business cycle? [Use the data sites from
your Week 2 PPT]

• Make recommendations for your organization regarding how to adjust their
operation and/or product/service line in the expected economy.

Include a minimum of 3 peer reviewed sources not including
your textbook. Click the Assignment Files tab to submit your

SupportingMaterial:Fiscal Policy Grading GuideSuggested
Resources: Forecast DataSuggested Resources: Historical Data



ECO 372 Week 4 Monetary
and Fiscal Policy

Prepare a
12-15 slide PowerPoint in which you answer address the following:

What fiscal policies and tools does the president and congress have to
stimulate or contract the economy? When should they do either? [Use the
terms of the business cycle to explain your notions]

• What monetary policies and tools does the Federal Reserve have
to control the money supply?

• Based on your research, what does the Federal Reserve say about its
policy goals.

• What does the Federal Reserve say about the strength of the economy?
[Use the Beige Book]

• What motivates policymakers to stimulate the economy or contract the

• Using the organization you selected for the Week 3 Team assignment, and
based on your research, recommend changes in your organization's business
strategies or supply chain.

• How does the strength of other economies outside of the U.S. affect that

Use a minimum of 3 peer reviewed sources not including your textbook, but
do use the textbook.

Click the Assignment Files tab to submit your assignment.

SupportingMaterial:International Economics Paper Grading GuideSuggested
Resources: Forecast Data Suggested Resources:Historical Data



ECO 372 Week 4 Reflection

Challenging Concepts

concepts have been of the greatest concern or confusion for you.  What
strategies will you use to remove or reduce the confusion factor? Discuss these
in your team forum. Each member must post at least 2 posts of 50 words each for
full points award.



ECO 372 Week 5 International

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 8-10slide PPT for your speech and describe in simple terms and
concepts that focus on international trade and foreign exchange rates.

Integrate within 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.

What are the effects of international trade to GDP, domestic markets and
university students?

How do government choices in regards to tariffs and quotas
affect international relations and trade?

What are foreign exchange rates? How are they determined?

Why doesn't the U.S. simply restrict all goods coming in from China? Why
can't the U.S. just minimize the amount of imports coming in from all
other countries?

a minimum of 3 peer reviewed sources not including your text and use the
notes sections to elaborate on your points and include as one slide your

.Click the Assignment Files tab to submit your assignment.

Resources: Forecast DataSuggested Resources: Historical DataDeficit and
Debt Presentation Grading Guide



ECO 372 Week 5 Learning
Team Evaluation


download from the Library tab within the 'Tools for Teams' the individual
evaluation for the team and team members. Please complete this and submit.


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