PURCHASE TUTORIALS HERE ECO 372 Principles of Macroeconomics ECO 372 Week 2 Ten Principles of Economics and the Data of Macroeconomics ECO 372 Week 2 The Real Economy in the Long Run ECO 372 Week 3 Money and the Prices in the Long Run and Open Economies ECO 372 Week 4 Short-Run Economic Fluctuations ECO 372 Week 5 Major Debates over Macroeconomic Policy ECO 372 Week 5 Individual Evaluation of Team Experience
ECO 372 Week 2 Principles of Economics and the Data of Macroeconomics Explain the following information in your 1000 word report to members of the strategic planning committee for your company: • How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources • Using the circular flow model, explain the flow of money and goods in an economy. • How the economy coordinates society's independent economic actors • A country's gross domestic product (GDP) and how it is defined and calculated • How the consumer price index (CPI) is constructed and why it is an imperfect measurement of the cost of living ECO 372 Week 2 The Real Economy in the Long Run Select on an organization and a product line or specific product from the Fortune 500 [Use the University Library to locate this list] in one of the following industries: Transportation, Manufacturing, or Housing. The organization's strategic plan calls for an aggressive growth plan, requiring investment in facilities and equipment, growth in productivity, and labor over the next five years. It is your team's task to determine where, outside the United States, your organization should locate its new manufacturing plant. Develop a 10-15 slide PPT that recommends an off-shore country and support your choice with the following data: • The factors that determine the country's productivity • How the country's policies influence its productivity growth • How the country's financial system is related to key macroeconomic variables • How your organization can reduce the risk they would face in relocating • The current and projected unemployment over the next five years ECO 372 Week 3 Money and the Prices in the Long Run and Open Economies The organization's strategic plan you wrote about in Week 2 calls for an aggressive growth plan, requiring investment in facilities and equipment, growth in productivity, and labor over the next five years. It is your team's responsibility to determine how the U.S economy during this five
year period will impact such an aggressive growth plan. To do so, you will: Develop a 2,100-word economic outlook forecast that includes the following: Analyze the last 10 years of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years. Discuss how government fiscal policies can influence economic growth.
Analyze how monetary policy could influence the long-run behavior of price levels and inflation rates.
Describe how trade deficits or surpluses can influence the growth of productivity and GDP.
Discuss the importance of the market for loanable funds and the market for foreigncurrency exchange to the achievement of the strategic plan.
Recommend, based on your above findings, whether the strategic plan can be achieved and provide support.
ECO 372 Week 4 Short-Run Economic Fluctuations Using a firm in either the Transportation or Manufacturing, or Housing Industry, Create a 10-20slide Microsoft® PowerPoint® presentation that will be presented to the organization's Executive Committee. The presentation should cover the following items: Identify the three key facts about short-run economic fluctuations [the business cycle, using economic terms to discribe its pattern] and how the economy in the short run differs from the economy in the long run. Explain economic fluctuations and how shifts in either aggregate demand or aggregate supply can cause booms and recessions using the model of aggregate demand and aggregate supply.
Explain how monetary policy affects interest rates and aggregate demand.
Analyze how fiscal policy affects aggregate demand.
Evaluate why policymakers face a short-run trade-off between inflation and unemployment
ECO 372 Week 5 Major Debates over Macroeconomic Policy Select one topic from the following list of topics and write a 1,050-word analysis, where the team evaluates both sides of the issue. For example, do active monetary and fiscal policies collide with each other or are they more powerful when used together. Active monetary and fiscal policy Increased government spending to fight recessions Reducing federal government's discretionary powers
Balanced government budget
ECO 372 Week 5 Individual Evaluation of Team Experience Complete and submit an individual evaluation of the team experience using the team evaluation form.