ECO 372 Week 1 – 5 Complete Class All Assignments and DQs - A+ Graded Course Material

Week 2 Fundamentals of Macroeconomics Paper

Resource: Figure 3-1 in Ch. 3 of Macroeconomics.


Part 1


Describe the following terms in your words.


  • Gross domestic product (GDP)
  • Real GDP
  • Nominal GDP
  • Unemployment rate
  • Inflation rate
  • Interest rate


Part 2


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.


Write a 700- to 1,500-word paper summarizing the results.


Week 2 Weekly Reflection - Economic Forecasting Paper

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.

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.


Write a 350- to 1,050-word paper that details your team's findings.


Week 3 Aggregate Demand and Supply Models

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.


Week 4 Federal Reserve Report

Your boss has chosen you to prepare a report for 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.


Develop 1050 to 1500 word report addressing the following points.



Address the following questions and include appropriate citations and references in proper APA format.


  • What are the factors that would influence the Federal Reserve in adjusting the discount rate?
  • How does the discount rate affect the decisions of banks in setting their specific interest rates?
  • How does monetary policy aim to avoid inflation?
  • How does monetary policy control the money supply?
  • How does a stimulus program (through the money multiplier) affect the money supply?

Currently, what indictors are evident that there is too much or too little money within the economy? How is monetary policy aiming to adjust this?


Week 5 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
  • The United State’s financial reputation on an international level
  • A domestic automotive manufacturing (exporter)
  • An Italian clothing company (importer)
  • GDP


Write a 750- to 1,050-word paper summarizing the results.


Week 5 International Trade and Finance Speech

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.


Integrate  a summary of your answers to the 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?
  • Item #: 008

ECO 372 (Principles of Macroeconomics) Complete Class A+ Graded

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