Economic Outlook

Project 1: Economic Outlook
• CITE YOUR SOURCES AND PARAPHRASE OR THE WHOLE GROUP WILL RECEIVE A ZERO FOR PLAGARISM. I have zero tolerance for plagiarism!!!
What is considered plagiarizing?
• Copying and pasting without proper citation.
• Copying and pasting large sections of the paper from other sources even if it is properly sourced. You are expected to paraphrase.
• Papers with similarity report of higher than 15% will be docked 10 points and if the similarity report exceeds 25% it is an automatic D. Papers with similarity report higher than 30% will be reported for plagiarism.
If you are going to state an opinion explain how you reached to that conclusion based on facts.
The Economy. You should begin with a general analysis of current and anticipated future economic conditions.
1. ( 25 pts) Discuss the GDP, unemployment, and inflation trend.
A. (5pts) Define what GDP, unemployment, and inflation are.
B. (5pts)Discuss what the current figures are and what has the trend been.
C. (5pts)Discuss recent news regarding GDP, unemployment, and inflation
D. (5pts) Provide graphs that show historical trend (past 10 years).
E. (5pts) Organization, citations, grammar and spelling
2. (26 pts) Discuss current fiscal and monetary policy
A. (5 pts) Define what fiscal and monetary policy is.
B. (16 pts) Discuss the current fiscal and monetary policy and its impact on future economy. Provide a meaningful write up of what the current fiscal and monetary policies are and what it means in terms of economic forecast.
C. (5 pts) Organization, citations, grammar and spelling
3. (29 pts) Discuss the 1 lagging, 1 coincident (current conditions) and 2 leading (future conditions) indicators
A. (3 pts) Define what the category of lagging, coincident, and leading indicators are.
B. (3 pts) Discuss one lagging (You cannot use GDP, unemployment, CPI, and inflation)
i. Provide a graph for each indicator that shows the past 10 year trend
ii. Define what the indicator is
iii. Discuss what the current figures indicate about the past economic condition
C. (6 pts) Discuss one coincident indicators (You cannot use GDP, unemployment, CPI, and inflation)
i. Provide a graph for each indicator that shows the past 10 year trend
ii. Define what the indicator is
iii. Discuss what the current figures indicate about the current economic condition
D. (12 pts) Discuss two leading indicators
i. Provide a graph for each indicator that shows the past 10 year trend
ii. Define what the indicator is
iii. Discuss what the current figures indicate about the future economic condition
E. (5 pts) Organization, citations, grammar and spelling
4. (15 pts) Based on the GDP, unemployment, inflation trends, fiscal and monetary policies, lagging, coincidental, and leading indicators what is your short term (1 year) and long term (2-3) economic forecast?
5. (5 pts) Grammar, spelling, and sentence structures. This grade will be determined by turnitin report.
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