Reference no: EM132194236

Assignment: Final Report

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.

This Final Report assignment will be a Word document (2-3 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.

• 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 FED's mission to stabilize the economy

Preparation: 1. To begin this assignment, recall the industry you selected in Assignment 1.

2. Use the industry GDP resources above to assess the size and growth rate of this industry.

3. Next, identify a newsworthy macroeconomic indicator or policy that may impact your selected industry. Use the macroeconomic resources above to find patterns and trends.

4. It will also be important to review relevant chapters from The Little Book of Economics, the Principles of Economics 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:

1. Assess your selected industry's relative size and growth rate in the economy.

2. 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.

3. Explain why this macroeconomic indicator or policy is important and how it may impact your selected industry.

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

5. 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.

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 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.