Gdp Growthunemployment Rates Inflation Strayer Ma

Gdp Growthunemployment Rates Inflation Strayer Ma

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 FED’s mission to stabilize the economy

Example Final Report, Assignment 2 Template, Strayer Writing Standards

  1. Review an example final report.
  2. Use the optional template to help you get started.
  3. Review the Strayer Writing Standards. (See Instructions below.)

Instructions

Use Microsoft Word to prepare a Final Report that is a minimum of two to three (2-3) pages long in which you:

1. 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.

2. Assess your selected industry’s 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 it’s 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.You’ll use one or more
depending on the macroeconomic indicator selected.

Unemployment ratesData 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).

4.
Describe a recent trend in the macroeconomic indicator or policy.
Include a graph, chart, or table that illustrates the observed trend.

5. Summarize how you think this industry will perform in the future. Provide support for your rationale.

6. 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: You’ll 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.