The research project for this class is to collect, organize and interpret national economic data over a ten year period and provide a written summary and analysis.<\/p>\n
The project must include both a written summary and an Excel file including data tables and graphs. The\u00a0written summary (five\u00a0full\u00a0pages\u00a0not including tables and graphs,longer is fine) should be a\u00a0Microsoft Word\u00a0document that is double-spaced with one-inch margins using 12 pt, Times New Roman font with page numbers. You are welcome to use other forecasters\u2019 views in your paper. You must provide in-paper citations(APA style) and provide a list of references.<\/p>\n
\u00a0 \u00a0 \u00a0\u00a0A.\u00a0Students will collect\u00a0annual\u00a0data(yearly,\u00a0one number for each year) and\u00a0create\u00a0data tables and graphs\u00a0of:<\/p>\n
Nominal and real GDP dollars,\u00a0plus\u00a0data tables and\u00a0graphs of\u00a0growth rates(NGDP & RGDP)\u00a0for the years 2011-2021.\u00a0 Real\u00a0GDP is also known as “chained dollar” GDP, nominal GDP is also known as “constant\u00a0dollar”.<\/p>\n
CPI-All Urban Consumers (Current Series,annual average, seasonally adjusted)\u00a0indices and the inflation rates\u00a0for the years 2011-2021<\/p>\n
the unemployment rates for the years 2011-2021<\/p>\n
M1 and M2 for the years 2011-2021\u00a0<\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0All tables and graphs should be placed in one Excel file with multiple sheets. You need individual graphs for\u00a0each economic indicator.\u00a0Each graph will show 10 data points, one number for each year(over a 10\u00a0 year period).\u00a0<\/p>\n
\u00a0 \u00a0 \u00a0 \u00a0B.\u00a0Using the above data, summarize\u00a0 and analyze your findings in your paper. Also, answer the following questions:<\/p>\n
Real GDP: Describe RGDP and indicate growth patterns related to the above data. Also based on current economic data, what are the most recent RGDP figures and how does this rate differ from previous years?<\/p>\n
CPI: What does it mean? Summarize your findings and address in which of the years above was the rate of inflation the highest and lowest, respectively.<\/p>\n
Unemployment rate: What does it mean? Summarize your findings in which of the years above the unemployment rate the highest and lowest, respectively. What is the most recent monthly unemployment rate in 2022?<\/p>\n
Business Cycle: Based on our class discussions, the above data and recent developments, and other sources; what phase of the business cycle is the U.S. economy currently experiencing?<\/p>\n
What are the\u00a0specific, current\u00a0U.S.\u00a0fiscal and monetary policies\u00a0being enacted? Are they appropriate for the current economic environment?<\/p>\n
This project should be sent via the Assignment tool to your instructor on or before the above-mentioned date. Instructor will grade the assignment for written communication skills, completeness of data and analysis requested, use and relevance to the course material, and critical thinking skills. Concepts, assumptions, arguments, and conclusions should be clearly and thoroughly expressed<\/p>\n
Some suggested\u00a0data tool\u00a0sources:<\/p>\n
Economic Report of the President (most recent)\u00a0plus appendices:\u00a0Link<\/p>\n
Bureau of Labor Statistics:\u00a0http:\/\/www.bls.gov<\/p>\n
Bureau of Economic Analysis:\u00a0http:\/\/www.bea.gov<\/p>\n
Federal Reserve Bank:\u00a0http:\/\/federalreserve.gov<\/p>\n
Money Supply Data<\/p>\n
M1 for the United StatesGraph and download economic data for M1 for the United States (MANMM101USA657S) from 1960 to 2021 about M1, monetary aggregates, and USA.<\/p>\n
https:\/\/fred.stlouisfed.org\/categories\/24<\/p>\n
****The St. Louis Fred site classifies nominal GDP as GDP.\u00a0<\/p>\n
Project Assignment Rubric 22.docx<\/p>\n
By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign\u2122 services in accordance with the\u00a0Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution’s policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.<\/p>\n","protected":false},"excerpt":{"rendered":"
The research project for this class is to collect, organize and interpret national economic data over a ten year period and provide a written summary and analysis. The project must include both a written summary and an Excel file including data tables and graphs. The\u00a0written summary (five\u00a0full\u00a0pages\u00a0not including tables and graphs,longer is fine) should be […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10],"class_list":["post-107236","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing","tag-writing"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/107236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=107236"}],"version-history":[{"count":0,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/107236\/revisions"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=107236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=107236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=107236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}