ECO 372 Entire Course

Feb 3rd, 2012
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ECO 372 Week 2 Individual Fundamentals of Macroeconomics Paper 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 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

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