ECO 372 WEEK 2 INDIVIDUAL FUNDAMENTALS OF MACROECONOMICS PAPER
For more course tutorials visit
www.uoptutorial.com
Resource: Figure 3-1 in Ch. 3 of Macroeconomics.
Part 1
Describe the following terms in your word.
• 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.
-----------------------------------------------------------------------------------------------------------------------------------------------------------
ECO 372 WEEK 2 LEARNING TEAM WEEKLY REFLECTION ECONOMIC FORECASTING PAPER
For more course tutorials visit
www.uoptutorial.com
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.
---------------------------------------------------------------------------------------------------------------------------------------------------------------
ECO 372 Week 3 Learning TeamAggregate Demand and Supply Models
For more course tutorials visit
www.uoptutorial.com
For this assignment, you will choose from the...