Question Description
Assignment 2: Final ReportDue Week 10, worth 200 pointsThis 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 yourunderstanding of these concepts by communicating them to others. In the workplace you might do this bywriting briefs (like you did for Assignment 1), creating presentations, or writing reports for your manager orteam.This Final Report assignment will be a Word document (approximately 3 pages) that builds off yourprevious Economic Brief and selected industry.For this assignment, you'll examine at least one of the macroeconomic indicators or policies below withinthe 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 budgetdeficits• FED (central bank) monetary policy and issues related to the FED’s mission to stabilize theeconomyMacroeconomic Resources for Industry and EconomyThese 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 andfrequency). 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 theyear 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 andfrequency). 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 yearrange and frequency). Data is from Bureau of Economic Analysis (bea.gov).These resources are available to help you measure and track macroeconomic indicators and outcomesof macroeconomic policies:• 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 LaborStatistics (bls.gov).ECO100 – Principles of Economics© 2018 Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary informationand may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission ofStrayer University.Page 2 of 4• % Change in Real Exports and Imports – Click on Section 4, then table 4.2.1 (click on MODIFYto 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 totalgovernment and table 3.2 for federal government. (Click on MODIFY to change the year rangeand frequency.) Data is from the Bureau of Economic Analysis (bea.gov).• FED Funds Interest Rates. Data is from Trading Economics (tradingeconomics.com).Preparation1. 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 selectedindustry. 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, theOpenStax: Principles of Macroeconomics chapter readings, and your prior discussion boardquestions and responses.InstructionsPrepare 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 theindustry 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 yourselected industry.4. Describe a recent trend in the macroeconomic indicator or policy. Include a graph, chart, or tablethat illustrates the observed trend.5. Conclude with a forecast for the industry based on whether the trend identified in part 4 isexpected to continue. Provide support for your conclusion.6. This course requires use of Strayer Writing Standards (SWS). The format is different compared toother Strayer University courses. Please take a moment to review the SWS documentation fordetails. (Note: You’ll be prompted to enter your Blackboard login credentials to view thesestandards.)o Your brief should include a cover page.o Your brief should be two to three (2-3) pages in length (not including the cover page),double-spaced, 12-point font.o Your report should include a minimum of two (2) references/citations in the text.
Assignment 2 RubricGrading for this assignment will be based on the quality of your responses in addressing each of thepoints below, using the following rubric:Points: 200 Assignment 2: Final ReportCriteriaExemplary90–100% AProficient80–89% BFair70–79% CMeets MinimumExpectations60–69% DUnacceptableBelow 60% F1. Assesses thesize and/orgrowth rate ofthe industryrelative to thenationaleconomy.Weight: 10%The studentcorrectly andthoroughlyassesses boththe relative sizeand relativegrowth rate ofthe industry inthe nationaleconomy.The studentcorrectlyassesses thesize and/orgrowth rate ofthe industry inthe nationaleconomy.Excludes someminor details.The studentpartiallyassesses thesize and/orgrowth rate ofthe industry inthe nationaleconomy.Excludes majordetails.The studentattempted toassess the sizeand/or growthrate of theindustry in thenationaleconomy.The student didnot assess thesize of theindustry or itsgrowth rate inthe nationaleconomy.2. Identifies at leastone newsworthymacroeconomicindicator orpolicy that theindustry shouldmonitor.Weight: 20%The studentcorrectlyidentifies one ormoremacroeconomicindicators orpolicies that theindustry shouldmonitor andprovides strongsupportingdetails.The studentcorrectlyidentifies amacroeconomicindicator orpolicy that theindustry shouldmonitor andprovides strongsupportingdetails.The studentcorrectlyidentifies amacroeconomicindicator orpolicy that theindustry shouldmonitor but doesnot providesufficientsupportingdetails.The studentattempted toidentify amacroeconomicindicator orpolicy that theindustry shouldmonitor. Nosufficientsupportingdetails wereprovided.The student didnot identify amacroeconomicindicator orpolicy that theindustry shouldmonitor.3. Explains why themacroeconomicindicator orpolicy selected inpart 2 isimportant andhow it mayimpact theindustry.Weight: 30%The studentcorrectly andthoroughlyexplains why themacroeconomicindicator and/orpolicy in part 2 isimportant andhow it mayimpact theindustry.The studentcorrectlyexplains why themacroeconomicindicator and/orpolicy in part 2 isimportant andhow it mayimpact theindustry.Excludes minordetails.The studentpartially explainswhy themacroeconomicindicator and/orpolicy in part 2 isimportant andhow it mayimpact theindustry.Excludes majordetails.The studentattempted toexplain why themacroeconomicindicator and/orpolicy in part 2 isimportant and/orhow it mayimpact theindustry.The student didnot explain whythe macroeconomicindicator and/orpolicy in part 2 isimportant or howit may impact theindustry.4. Describes arecent trend inthe macroeconomicindicator orpolicy in part 2.Includes a graph,table, or chartthat illustratesthe observedtrend.Weight: 20%The studentcorrectly andthoroughlydescribes arecent trend inthe macroeconomicindicator and/orpolicy in part 2.Includes a graph,table, or chartthat illustratesthe observedtrend.The studentcorrectlydescribes arecent trend inthe macroeconomicindicator and/orpolicy in part 2.Includes a graph,table, or chartthat illustratesthe observedtrend.The studentpartiallydescribes arecent trend inthe macroeconomicindicator and/orpolicy in part 2.Includes a graph,table, or chartthat may or maynot illustrate theobserved trend.The studentattempted todescribe a recenttrend in themacroeconomicindicator and/orpolicy in part 2.No graph, table,or chart thatillustrates thetrend wasprovided.The student didnot describe arecent trend inthe macroeconomicindicator and/orpolicy in part 2.No graph, table,or chart thatillustrates thetrend wasprovided.ECO100 – Principles of Economics© 2018 Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary informationand may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission ofStrayer University.Page 4 of 4CriteriaExemplary90–100% AProficient80–89% BFair70–79% CMeets MinimumExpectations60–69% DUnacceptableBelow 60% F5. Concludes with aforecast for theindustry basedon whether theobserved trend isexpected tocontinue.Provides strongsupport for theforecast.Weight: 10%The studentconcludes with acorrect andthoroughforecast for theindustry basedon whether theobserved trend isexpected tocontinue.Provides strongsupport for theforecast.The studentconcludes with acorrect forecastfor the industrybased onwhether theobserved trend isexpected tocontinue.Providesreasonablesupport for theforecast.The studentconcludes with apartially correctforecast for theindustry basedon whether theobserved trend isexpected tocontinue.May or may nothave providedreasonablesupport for theforecast.The studentconcludes withan attemptedforecast for theindustry whichmay or may nothave beensupported.The student didnot concludewith a forecastfor the industry.6. Uses (SWS)Strayer WritingStandards towriteprofessionallyand cite sources.Meets two-pageminimum.Meets twominimumreference/citationrequirement.Weight: 10%Followed allwritingstandards.Meets pageminimum.Meets minimumreference/citationrequirement.Followed mostwritingstandards.Meets pageminimum.Meets minimumreference/citationrequirement.Followed somewritingstandards.May not meetpage minimum.May not meetminimumreference/citationrequirement.Followed fewwritingstandards.May not meetpage minimum.May not meetminimumreference/citationrequirement.Followed few tono writingstandards.Did not meetpage minimum.Did not meetminimumreference/citationrequirement.
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