Macroeconomic Resources for Industry and Economy
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
This assignment is aligned to this course outcome:
Apply macroeconomic concepts to current and personal economic events and decisions.
GDP growth
Unemployment rates
Inflation rates
Interest rates
International trade policy and issues related to trade balances, trade restrictions, etc.
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
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.This Final Report assignment will be a Word document (approximately 3 pages) that builds off your previous Economic Brief and selected industry.
For this assignment, you’ll examine at least one of the macroeconomic indicators or policies below within the context of the industry you have previously selected.
Macroeconomic Resources for Industry and Economy
These resources are available to help you find the size and growth rate of your industry in the U.S.economy and/or relative to GDP:
Real GDP Click on Section 1, then table 1.1.6 (click on MODIFY to change the year range and frequency). Data is from Bureau of Economic Analysis (bea.gov).
% change in Real GDP Click on Section1, then table 1.1.1 (click on MODIFY to change the year range and frequency). Data is from Bureau of Economic Analysis (bea.gov).
GDP by Industry 2008 to 2017 annual data (click on MODIFY to change the year range and frequency). Data is from Bureau of Economic Analysis (bea.gov).
% change in GDP by industry 2008 to 2017 annual data (click on MODIFY to change the year range and frequency). Data is from Bureau of Economic Analysis (bea.gov).
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 Click on Section 4, then table 4.2.1 (click on MODIFY to change the year range and frequency). Data is from Bureau of Economic Analysis (bea.gov).
Government receipts, expenditures, and savings Click on Section 3, then table 3.1 for total government and table 3.2 for federal government. (Click on 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).
These resources are available to help you measure and track macroeconomic indicators and outcomes of macroeconomic policies:Preparation
To begin this assignment, recall the industry you selected in Assignment 1.
Use the industry GDP resources above to assess the size and growth rate of this industry.
Next, identify a newsworthy macroeconomic indicator or policy that may impact your selected industry. Use the macroeconomic resources above to find patterns and trends.
It will also be important to review relevant chapters from The Little Book of Economics, the OpenStax: Principles of Macroeconomics chapter readings, and your prior discussion board questions and responses.
Instructions
Prepare a Final Report that is approximately two to three (2-3) pages long in which you:Assess your selected industrys relative size and growth rate in the economy.
Identify at least one newsworthy macroeconomic indicator or policy that is important for the industry to monitor, e.g., GDP, unemployment, inflation rates, interest rates, trade policy, government taxation and spending decisions, and/or FED decisions.
Explain why this macroeconomic indicator or policy is important and how it may impact your selected industry.
Describe a recent trend in the macroeconomic indicator or policy. Include a graph, chart, or table that illustrates the observed trend.
Conclude with a forecast for the industry based on whether the trend identified in part 4 is expected to continue.Provide support for your conclusion.
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.)o Your brief should include a cover page.
Your brief should be 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.
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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