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ECO 372 FINAL EXAM

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ECO 372 Week 1

ECO/372 - Week 1 - DQ1 (3 Responses):

Using the Bureau of Labor Statistics, the Federal Reserve Bank
of St. Louis, or other reputable source, select a key economic
indicator that has not been discussed by another student.
Discuss how the indicator was created and its current value.
What does this key indicator say about the current economic
condition?

ECO/372 - Week 1 - DQ 2 (3 Responses):

What is the difference between real and nominal GDP? Does
GDP accurately reflect the nation’s welfare? Why or why not?
How can data on a country’s GDP be used to make a political
argument? In your opinion, how much does this happen in the
public arena? Please explain your answer.

ECO/372 - Week 1 - DQ 3 (3 Responses):

Identify economic factors that affect the real GDP, the
unemployment rate, the inflation rate, and a key interest rate.
How do you predict the economy will perform in the next two
years given the current state of two of the economic factors
you identified? How might your organization be affected by
these changes?

Week 1 – Complete:

DQ 1. Using the Bureau of Labor Statistics, the Federal Reserve
Bank of St. Louis, or other reputable source, select a key
economic indicator that has not been discussed by another
student. Discuss how the indicator was created and its current
value. What does this key indicator say about the current
economic condition?

DQ 2. What is the difference between real and nominal GDP?
Does GDP accurately reflect the nation’s welfare? Why or why
not? How can data on a country’s GDP be used to make a

political argument? In your opinion, how much does this
happen in the public arena? Please explain your answer.

DQ 3. Identify economic factors that affect the real GDP, the
unemployment rate, the inflation rate, and a key interest rate.
How do you predict the economy will perform in the next two
years given the current state of two of the economic factors
you identified? How might your organization be affected by
these changes?

ECO 372 Week 2

Explain the viewpoints of classical and Keynesian economists.
How did the economy that existed at the time of these theories
influence them? Which theory is more appropriate for the
economy today? Why?

ECO/372 - Week 2 - DQ 1 (3 Responses) |ECO/372 -
Week 2 - DQ 2 (3 Responses) | ECO/372 - Week 2 - DQ 3
(3 Responses) | ECO/372 - Week 2 - Fundamentals of
Macroeconomics Paper | ECO/372 - Week 2 - Economic
Forecasting Paper | ECO/372 - Week 2 – Complete:

DQ 1. Explain the viewpoints of classical and Keynesian
economists. How did the economy that existed at the time of
these theories influence them? Which theory is more
appropriate for the economy today? Why?

DQ 2. What is the economy's current stage in the business
cycle? Support your answer with an article written within the
last week from the popular press or blog. In light of the text
readings, evaluate the article and the source of the article.
Based on the information, determine where the economy fits in
the business cycle.
More: http://www.studentwhiz.com/Online-
Education/ECO/372-Week-2-Complete/91/

ECO 372 Week 3

DQ 1. What happens to the money supply, interest rates,
and the economy if the Federal Reserve is a net seller of
government bonds? What happens to the money supply,
interest rates, and the economy if the Federal Reserve is
a net buyer of government bonds? Why would the
government implement a stimulus program into the
economy?
DQ 2. What new measures and tools has the Federal
Reserve employed in the past several years that have not
been employed in the past 2 decades? How do you

evaluate the change in the approach? Is this sustainable
and appropriate in the medium term?
More: http://www.studentwhiz.com/Online-
Education/ECO/372-Week-3-Complete/97/
ECO/372 - Week 3 - DQ 1 (3 Responses) | ECO/372 -
Week 3 - DQ 2 (3 Responses) | ECO/372 - Week 3 - DQ 3
(3 Responses) | ECO/372 - Week 3 Aggregate demand
and Supply Models | ECO/372 - Week 3 - Learning Team
Weekly Reflection | ECO/372 - Week 3 – Complete

ECO 372 Week 4

How does a government budget surplus affect the U.S.
economy? Identify two periods in recent history in which
the United States has run budget surpluses. What were
the reasons for the surpluses during those time periods?

ECO/372 - Week 4 - DQ 1 (3 Responses) | ECO/372 -
Week 4 - DQ 2 (3 Responses)| ECO/372 - Week 4 -
DQ 3 (3 Responses) | ECO/372 - Week 4 - Learning
Team Reflection | ECO/372 - Week 4 - Federal

Reserve Presentation | ECO/372 - Week 4 –
Complete:

ECO 372 Week 5

Explain how foreign exchange rates are determined. How do
changes in interest rates, inflation, productivity, and income
affect exchange rates? What are the advantages and
disadvantages of a weak versus a strong dollar for imports,
exports, international and domestic markets?
Please use a current example of an exchange rate [Swiss Franc-
Euro, US Dollar - Japanese Yen, etc] and describe how it affects
the two [or more] countries involved.

ECO/372 - Week 5 - DQ 1 (3 Responses) | ECO/372 -

Week 5 - DQ 2 (3 Responses) | ECO/372 - Week 5 - DQ 3
(3 Responses)| ECO/372 - Week 5 - International Trade
and Finance Speech | ECO/372 - Week 5 - Fiscal Policy
Paper| ECO/372 - Week 5 - Complete.

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