ECO 372 EDU Teaching Effectively Eco372edudotcom

8/18/2019 ECO 372 EDU Teaching Effectively Eco372edudotcom

1/25

CO 372 DU Teaching ffecti

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2/25

CO 372 ntire Course

• ECO 372 Week !ndividual "ssignment #acroeconomic Terms

• ECO 372 Week !ndividual "ssignment Economic Definitions Worksheet $%e&'

• ECO 372 Week (no&ledge Check

•ECO 372 Week Discussion )uestion

• ECO 372 Week Discussion )uestion 2

• ECO 372 Week 2 kno&ledge Check

• ECO 372 &eek 2 Team Weekly *eflection Economic +orecasting ,a-er $2 ,a-ers'

• ECO 372 Week 2 Discussion )uestion

• ECO 372 Week 2 .rou- Discussion )uestion

• ECO 372 Week 2 !ndividual "ssignment ,roduct ,urchases and theEconomy

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3/25

CO 372 +inal am $%e&'

•0 %e&s 1tory Workers at a carmanufacturing -lant in +lint4

#ichigan are laid off 5ecause the economy is &eak and .# c

ars aren6t selling &ell0 .# isn6t sure &hen the -lant &ill reo-

en0 What ty-e of unem-loyment descri5es the &orkers6 situat

ion

•8 +rictional unem-loyment

•8 1tructural unem-loyment

•8 +ull unem-loyment

•8 Cyclical unem-loyment

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4/25

CO 372 +inal am .uide $

Uo-'

• ' The largest source of household income in the U010 is o5tained from

• 2' The market &here 5usiness sell goods and services to households and the government is called the

3' *eal gross domestic -roduct is 5est defined as9' Underem-loyment includes -eo-le"0 &ho &ork ;offthe5ooks; to avoid ta lia5ilities ' The


5/25

CO 372 Week Discussion )

uestion $

Uo-'

• What is the difference 5et&een real and nominal .D, Does .D, accurately reflect our nation@s &ell 5eing E-lain0

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6/25

CO 372 Week Discussion )

uestion 2 $

Uo-'

• Unem-loyment rate measures the num5er of unem-loyed &orkers in the la5our force0 Aist and e-lain three ty-es of unem-loyment0 +ind the most recent unem-loyment rate of your state0 +rom a -ersonal -ers-ective4 can you e-lain your vie& of the current =o5market in your local area



7/25

CO 372 Week 2 !ndividual "ssignment ,rodu

ct ,urchases and the conomy

• Bou6ve 5een de5ating on making a -urchase for yourself0 This is a-roduct you6ve &anted for a &hile4 5ut one that reCuires 5udgeting5ecause you &ill 5e making monthly -ayments0

• 1elect a -roduct in &hich the demand for the -roduct is clearly aff

ected 5y the strength or &eakness of the overall economy such asne& homes4 cars4 a--liances4 smart -hones4 etc0

• Write a 4> to 49&ord -a-er in &hich you address the follo& ing

• !dentify and define t&o economic indicators that reflect the strengt

h of the economy $e0g0 real .D,4 unem-loyment rate4 inflation rate4interest rate4 housing starts4 etc0'0

• With these economic indicators in mind4 ho& has the economy aff ected the demand for and su--ly of your selected -roduct over thelast 2 years7

http://www.eco372edu.com/product-58-ECO-372-Week-2-Individual-Assignment-Product-Purchases-and-the-Economyhttp://www.eco372edu.com/product-58-ECO-372-Week-2-Individual-Assignment-Product-Purchases-and-the-Economyhttp://www.eco372edu.com/product-58-ECO-372-Week-2-Individual-Assignment-Product-Purchases-and-the-Economyhttp://www.eco372edu.com/product-58-ECO-372-Week-2-Individual-Assignment-Product-Purchases-and-the-Economy


8/25

CO 372 Week !ndividual "ssignment #acr

oeconomic Terms

• Com-lete the #acroeconomic Terms0

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9/25

CO 372 Week (no&ledge

Check

• 0The t&o frame&orks conventional economists generally use to analye macroeconomic issues are

• 20The relationshi- 5et&een real and nominal interest rate can 5e e-ressed 5y

•

30Which of the follo&ing economic activities &ould 5e included in the U010 domestic gross -roduct $.D,'

• 90Cyclical unem-loyment is defined as unem-loyment that resultsfrom

• >0The longest 5usiness cycle e-ansion in U010 history occurred in t

he years from• ?0Economics is the study of ho&

• 70.iven that diesel cars get much 5etter gas mileage than the ty-ical car4 an increase in the -rice of gasoline &ould 5e e-ected to

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10/25

CO 372 Week 2 Discussion )

uestion $

Uo-'

• Fo& do Classical and (eynesian economists differ in their vie& of the aggregate su--ly curveFo& does this influence &hat Classicaland (eynesian economists 5elieve a5out fiscal -olicy

• Do you think the current ,resident and Congress &ere taking Class

ical a--roach in their fiscal -olicies E-lain your ans&er0



11/25

CO 372 Week 2 .rou- Discussion )uestion $

Uo-'

• What is the difference 5et&een contractionary and e-ansionary fiscal -olicies Which is more a--ro-riate today E-lain your ans&er0 Fo& might contractionary and e-ansionary fiscal -olicies affect your organiation

http://www.eco372edu.com/product-33-ECO-372-Week-2-Group-Discussion-Questionhttp://www.eco372edu.com/product-33-ECO-372-Week-2-Group-Discussion-Questionhttp://www.eco372edu.com/product-33-ECO-372-Week-2-Group-Discussion-Questionhttp://www.eco372edu.com/product-33-ECO-372-Week-2-Group-Discussion-Questionhttp://www.eco372edu.com/product-33-ECO-372-Week-2-Group-Discussion-Question


12/25

CO 372 Week 2 kno&ledge Check

• 0The glo5alied "1/"D curve is the standard "1/"D model &ith anadded

• 20"ccording to 1ay6s Aa&4 -eo-le

• 30" shift in the longrun aggregate su--ly curve &ill change

•

90The hy-othesis a5out the macroeconomy that sees the recent -ro5lems &ith the U010 economy directly related to the structural -ro5lems caused 5y glo5aliation is referred to as the GGGGGGGGGG hy-othesis0

• H0The central difference 5et&een the standard theory and the struc

tural stagnation hy-othesis &hen it comes to gro&th is• >0!n 2I4 the -ersonal savings rate rose0 !f the additional savings

&ere not translated into

http://www.eco372edu.com/product-51-ECO-372-Week-2-knowledge-Checkhttp://www.eco372edu.com/product-51-ECO-372-Week-2-knowledge-Check


13/25

CO 372 Week 2 Team Weekly *eflection cono

mic +orecasting ,a-er $2 ,a-ers'

• Develo- a list of resources you might use to gather historical economic data as &ell as economic forecast data0

• E-lain ho& and &hy each source is valua5le and useful0

• !dentify any uantitative or ualitative forecasting factors containe

d in the sources0• Discuss this &eek@s o5=ectives &ith your team0 Bour discussion sho

uld include the to-ics you feel comforta5le &ith4 any to-ics you struggled &ith4 and ho& the &eekly to-ics relate to a--lication in your field0

•

Write a 3> to 4>&ord -a-er that details your team6s findings0

http://www.eco372edu.com/product-45-ECO-372-Week-2-Learning-Team-Weekly-Reflection-Economic-Forecasting-Paperhttp://www.eco372edu.com/product-45-ECO-372-Week-2-Learning-Team-Weekly-Reflection-Economic-Forecasting-Paperhttp://www.eco372edu.com/product-45-ECO-372-Week-2-Learning-Team-Weekly-Reflection-Economic-Forecasting-Paperhttp://www.eco372edu.com/product-45-ECO-372-Week-2-Learning-Team-Weekly-Reflection-Economic-Forecasting-Paper


14/25


uestion $

Uo-'

• What is the difference 5et&een contractionary and e-ansionarymonetary -olicy Which is more a--ro-riate today What are the im-acts of this -olicy on U1 economy

http://www.eco372edu.com/product-31-ECO-372-Week-3-Discussion-Question-1-http://www.eco372edu.com/product-31-ECO-372-Week-3-Discussion-Question-1-http://www.eco372edu.com/product-31-ECO-372-Week-3-Discussion-Question-1-http://www.eco372edu.com/product-31-ECO-372-Week-3-Discussion-Question-1-http://www.eco372edu.com/product-31-ECO-372-Week-3-Discussion-Question-1-http://www.eco372edu.com/product-31-ECO-372-Week-3-Discussion-Question-1-http://www.eco372edu.com/product-31-ECO-372-Week-3-Discussion-Question-1-http://www.eco372edu.com/product-31-ECO-372-Week-3-Discussion-Question-1-


15/25

CO 372 Week 3 .rou- Discussion )uestion $

Uo-'

•What are the uses of moneyDescri5e ho& ra-id inflation can

undermine money@s a5ility to -erform its three 5asic functio

ns0 Will current +ed6s -olicy hinder money6s a5ility to -erfor

m its three 5asic functions -lain your rational0

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16/25


• 0!f you e-ect interest rates to rise4 you &ill &ant to 5e holding

•


17/25

CO 372 Week 3 Team "ssignm

ent +iscal ,olicy ,a-er

•1elect an organiEat ion & ith &hich the team is famil iar0

•Write a 49DD3 to 4 >D3&o rd -a-er in &hich you inc lude the f

ol lo&ing2

• *esearch federal government s-ending and taes over the last 3>

years $fiscal -olicy'0 Fas total government s-ending increased or d ecreased7 E-lain0 Fave income ta rates increased or decreased7E-lain0

• Descri5e the im-act of these fiscal -olicies on the U010 economy

• Descri5e the im-act of these fiscal -olicies on your team6s selected

organiation0• Fave other macroeconomic events im-acted the economy and/or

your selected organiation7 !f so4 e-lain0

http://www.eco372edu.com/product-57-ECO-372-Week-3-Team-Assignment-Fiscal-Policy-Paperhttp://www.eco372edu.com/product-57-ECO-372-Week-3-Team-Assignment-Fiscal-Policy-Paperhttp://www.eco372edu.com/product-57-ECO-372-Week-3-Team-Assignment-Fiscal-Policy-Paperhttp://www.eco372edu.com/product-57-ECO-372-Week-3-Team-Assignment-Fiscal-Policy-Paperhttp://www.eco372edu.com/product-57-ECO-372-Week-3-Team-Assignment-Fiscal-Policy-Paperhttp://www.eco372edu.com/product-57-ECO-372-Week-3-Team-Assignment-Fiscal-Policy-Paper


18/25


uestion $

Uo-'

• Who 5enefits from a tariff or uota Who loses What are the -ositives and negatives of -rotectionist trade -olicies Which -olicy is 5est right no&

http://www.eco372edu.com/product-27-ECO-372-Week-4-Discussion-Question-1-http://www.eco372edu.com/product-27-ECO-372-Week-4-Discussion-Question-1-http://www.eco372edu.com/product-27-ECO-372-Week-4-Discussion-Question-1-http://www.eco372edu.com/product-27-ECO-372-Week-4-Discussion-Question-1-http://www.eco372edu.com/product-27-ECO-372-Week-4-Discussion-Question-1-http://www.eco372edu.com/product-27-ECO-372-Week-4-Discussion-Question-1-http://www.eco372edu.com/product-27-ECO-372-Week-4-Discussion-Question-1-http://www.eco372edu.com/product-27-ECO-372-Week-4-Discussion-Question-1-


19/25

CO 372 Week 9 .rou- Discus

sion )uestion $

Uo-'

• Define trade sur-lus and trade deficit Fo& do trade deficits and sur-luses affect echange rate and the industry in &hich you &ork

http://www.eco372edu.com/product-26-ECO-372-Week-4-Group-Discussion-Question-http://www.eco372edu.com/product-26-ECO-372-Week-4-Group-Discussion-Question-http://www.eco372edu.com/product-26-ECO-372-Week-4-Group-Discussion-Question-http://www.eco372edu.com/product-26-ECO-372-Week-4-Group-Discussion-Question-http://www.eco372edu.com/product-26-ECO-372-Week-4-Group-Discussion-Question-http://www.eco372edu.com/product-26-ECO-372-Week-4-Group-Discussion-Question-http://www.eco372edu.com/product-26-ECO-372-Week-4-Group-Discussion-Question-http://www.eco372edu.com/product-26-ECO-372-Week-4-Group-Discussion-Question-


20/25

CO 372 Week 9 !ndividual "ssignment !ntern

ational conomics ,a-er

•1elect an organiEation that 5oth U010 and interna tio

nal -resences0

•Write a 4D>D3 to 49DD3&ord -a- er in &hich you an

s&er ad dress the fol lo&ing2

•W hat does the -resident and congress do to st im ul

ate the econom y7 What does the -resident and con

gress do to contract the econom y7

•

W hat does the +ed eral *eserve do to st imulate the

econom y7 Wh at does the +ederal *eserve do to con

tract the econom y7

http://www.eco372edu.com/product-56-ECO-372-Week-4-Individual-Assignment-International-Economics-Paperhttp://www.eco372edu.com/product-56-ECO-372-Week-4-Individual-Assignment-International-Economics-Paperhttp://www.eco372edu.com/product-56-ECO-372-Week-4-Individual-Assignment-International-Economics-Paperhttp://www.eco372edu.com/product-56-ECO-372-Week-4-Individual-Assignment-International-Economics-Paper


21/25


• 0!n the longrun frame&ork4 5udget sur-luses

• 20 The 5udget deficit or sur-lus is

• 30Deficits and sur-luses are 5est vie&ed as

• 901u--ose the government increases s-ending 5y J3 5illion and raises taes at 5y J2 5illion at the same time0Then4

• >


22/25

CO 372 Week 9 Team *eflection 1u--ly Cha

in and Demand #odel

• Discuss the relationshi- 5et&een su--ly chain and the su--ly and demand model0

• ,re-are a 3> to 4> &ord -a-er detailing the findin

gs of your discussion0

http://www.eco372edu.com/product-49-ECO-372-Week-4-Team-Reflection-Supply-Chain-and-Demand-Modelhttp://www.eco372edu.com/product-49-ECO-372-Week-4-Team-Reflection-Supply-Chain-and-Demand-Modelhttp://www.eco372edu.com/product-49-ECO-372-Week-4-Team-Reflection-Supply-Chain-and-Demand-Modelhttp://www.eco372edu.com/product-49-ECO-372-Week-4-Team-Reflection-Supply-Chain-and-Demand-Model


23/25

CO 372 Week > kno&ledge Check

• 0!n the U010 current account4 most of the trade deficit results from an ecess of im-orted

• 20What is the difference 5et&een the 5alance of trade a

nd the 5alance of -ayments• 30!f a government has im-lemented significantly higher

trade tariffs4 5ut does not &ant this action to affect thevalue of its currency4 it &ill

•

90 During 274 the United 1tates and Ka-an announced-ossi5le limits on Chinese im-orts through higher tariffrates on Chinese -roducts0 To avoid these limits4 China&ould have to

http://www.eco372edu.com/product-47-ECO-372-Week-5-knowledge-Checkhttp://www.eco372edu.com/product-47-ECO-372-Week-5-knowledge-Check


24/25

CO 372 Week > Team "ssignment Deficit and

De5t ,resentation

•Create a > to Hslide ,o&er,ointL -resentation i

ncluding detailed s-eaker notes in &hich you inclu

de the follo&ing

•

*esearch the direction of monetary -olicy over the last3> years0 Fas the money su--ly increased or decreased E-lain0 Fave interest rates increased or decreasedE-lain0

• Descri5e the im-act of these monetary -olicies on the U010 economy

• Descri5e the im-act of these monetary -olicies on yourteam6s selected organiation0

http://www.eco372edu.com/product-55-ECO-372-Week-5-Team-Assignment-Deficit-and-Debt-Presentationhttp://www.eco372edu.com/product-55-ECO-372-Week-5-Team-Assignment-Deficit-and-Debt-Presentationhttp://www.eco372edu.com/product-55-ECO-372-Week-5-Team-Assignment-Deficit-and-Debt-Presentationhttp://www.eco372edu.com/product-55-ECO-372-Week-5-Team-Assignment-Deficit-and-Debt-Presentation


25/25

CO 372 DU Teaching ffecti

vely/eco372edudotcomFOR MORE CLASSES VISIT

www.eco372edu.com
http://www.eco372edu.com/http://www.eco372edu.com/

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ECO 372 EDU Teaching Effectively Eco372edudotcom