Week 9 Macroeconomic Concepts to Current & Personal Economic Events Report Please review attachment which has the requirements from the University I am attending. Thank you
Assignment 2: Final Report
Due Week 9, worth 175 points
This assignment is aligned to this course outcome:
Apply macroeconomic concepts to current and personal economic
events and decisions.
In addition to writing about macroeconomic concepts, it’s equally important to
be able to convey your understanding of these concepts by communicating
them to others. In the workplace you might do this by writing briefs (like you
did for Assignment 1), creating presentations, or writing reports for your
manager or team. An example final report and optional template are provided
below.
For this Final Report assignment, you can build off your previous economic
brief and selected industry from Assignment 1, or you can select another
industry such as Finance and Insurance, Health Care, or Manufacturing, and
examine one of the macroeconomic indicators or policies below:
GDP growth
Unemployment rates
Inflation rates
Interest rates
Imports and exports
Government fiscal policy and issues related to taxation, government
spending, and budget deficits
FED (central bank) monetary policy and issues related to the FEDs
mission to stabilize the economy
Instructions
Use Microsoft Word to prepare a Final Report that is a minimum of two to
three (2-3) pages long in which you:
Introduce your selected industry with a brief one-paragraph introduction. Refer
to the NAICS (North American Industry Classification System) to review the
details about your industry. (I chose Credit Card Issuing)
2. Assess your selected industrys relative size and growth rate in the
economy.
These macroeconomic resources will help you find the size and growth rate of
your industry in the U.S. economy and/or relative to GDP:
Real GDP Select Section 1, then table 1.1.6 (select MODIFY to change the
year range and frequency). Data is from Bureau of Economic Analysis
(bea.gov).
% Change in Real GDP Select Section 1, then table 1.1.1 (select MODIFY
to change the year range and frequency). Data is from Bureau of Economic
Analysis (bea.gov).
GDP by Industry Steps:
1. Select “Interactive Data.”
2. Select “Industry Data Tables.”
3. Select “Begin Using the Data.”
4. Select “Gross Output by Industry.”
5. Select “Real Gross Output by Industry (A) (Q).”
6. Select Quarterly or Annual.
7. Select “Next Step.” Data is from Bureau of Economic Analysis
(bea.gov).
% Change in GDP by Industry – Steps:
1. Select “Interactive Data.”
2. Select “Industry Data Tables.”
3. Select “Begin Using the Data.”
4. Select “Gross Output by Industry.”
5. Select “Percent Changes in Chain-Type Quantity Indexes for Gross
Output by Industry (A) (Q).”
6. Select Quarterly or Annual.
7. Select “Next Step.” Data is from Bureau of Economic Analysis
(bea.gov).
3. Identify one newsworthy macroeconomic indicator or policy (e.g., GDP,
unemployment, inflation rates, interest rates, government taxation and
spending decisions, and/or FED decisions) that the industry should monitor
and explain why its important and how it might impact your selected industry.
These resources are available to help you measure and track macroeconomic
indicators and outcomes of macroeconomic policies. Youll use one or more
depending on the macroeconomic indicator selected.
Unemployment rates Data is from Bureau of Labor Statistics (bls.gov).
Inflation rates as measured by the Consumer Price Index (CPI). Data is from
Bureau of Labor Statistics (bls.gov).
% Change in Real Exports and Imports – Select Section 4, then table 4.2.1.
(Select MODIFY to change the year range and frequency.) Data is from
Bureau of Economic Analysis (bea.gov).
Government receipts, expenditures, and savings Select Section 3, then
table 3.1 for total government and table for 3.2 for federal government. (Select
MODIFY to change the year range and frequency.) Data is from the Bureau of
Economic Analysis (bea.gov).
FED Funds Interest Rates. Data is from Trading Economics
(tradingeconomics.com).
Describe a recent trend in the macroeconomic indicator or policy.
Include a graph, chart, or table that illustrates the observed trend.
Summarize how you think this industry will perform in the future.
Provide support for your rationale.
This course requires use of Strayer Writing Standards (SWS). The
format is different compared to other Strayer University courses.
Please take a moment to review the SWS documentation for details.
(Note: Youll be prompted to enter your Blackboard login credentials
to view these standards.)
Your brief should include a cover page.
Your brief should be a minimum of two to three (2-3) pages in
length (not including the cover page), double-spaced, 12-point
font.
Your report should include a minimum of two (2)
references/citations in the text.
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