for this assignment you are to apply the macroeconomic concepts t
WRITING ASSIGNMENT 2
Length: The assignment should be two to three pages, excluding title page and reference page
Important: You will focus on the four questions asked, in addition to the introduction and conclusion, as they relate to one or more topics covered throughout the last five weeks.
Focus: For this assignment, you are to apply the macroeconomic concepts to current and personal economic events and decisions using elements of the course materials covered during the last five weeks of this course.
Please read the assignment thoroughly as it contains the materials needed for you to properly address the issues raised by the questions of this writing assignment.
You should choose other articles you may find through your research on this assignment and use the Strayer Writing Standards for integration of sources and references as it is academically unacceptable to write a scholarly paper with no sources in the text.
When writing the paper, focus on the questions asked as these questions are meant to assess your understanding of the materials covered in our course.
You will apply best practices you learned in course resources and your own research to address the issues raised by the questions of this assignment.
Key considerations:
- Your introduction, summary and understanding of the issues raised by the questions of this writing assignment
- A short discussion of your research and conclusions you were able to draw from it.
- An explanation of what you learned and how you will use this new understanding.
References needed: at least two quality resources such as the course textbook, company website, business websites (CNBC, Bloomberg, etc.), resources from the Strayer Library, and/or outside sources. Note: Wikipedia and web-based blogs do not qualify as credible resources.
Feel free to use short headings for each section.
1. Introduction
In this section, provide a one-paragraph brief introduction (one short sentence should address each of the issues below). This should be written first, clearly, and use language appropriate for scholarly papers
First, assess the size and/or growth rate of the industry relative to the national economy.
Two, identify at least one newsworthy macroeconomic indicator or policy that the industry should monitor.
Three, explain why the macroeconomic indicator or policy selected in part 2 is important and how it may impact the industry.
Four, describe a recent trend in the macro-economic indicator or policy in part 2. Includes a graph, table, or chart that illustrates the observed trend.
Five, conclude with a forecast for the industry based on whether the observed trend is expected to continue.
2. Assess the size and/or growth rate of the industry relative to the national economy
Write at least one paragraph assessing the size and/or growth rate of the industry relative to the national economy.
If you click on the GDP by industry, you should be able to assess the numbers related to the size and/or growth rate of the industry relative
You may also click on the percentage change in GDP by industry (especially the value added by industry) for additional inputs to this question.
- You should use the statistics to determine the weight of the industry relative to the GDP
- You may also use the revenues, number of employees and/or number of customers to substantiate your idea.
- It should be written clearly and should use language appropriate for scholarly writing.
- Do not use the bulleted or numbered list
3. Identify at least one newsworthy macroeconomic indicator or policy that the industry should monitor.
Write at least one paragraph identifying the macroeconomic indicator or policy that the industry should monitor (inflation, unemployment, imports and exports, government expenditure, taxes, and/or interest rates).
If you click on the inflation rate, you should be able to assess the numbers related to inflation in the United States
The same can be done for GDP, unemployment rate, imports and exports, government expenditures and interest rates.
Keep in mind that you may also use taxes covered in our week 9 discussion as a main point for your answer to this question
- You should focus on at least one of the macroeconomic indicators (inflation, unemployment, imports and exports, government expenditure, taxes, and/or interest rates) to analyze its impact on at least one of the indicators below:
- The operational costs supported by the industry as compared to the revenues
- The trends observed in terms of profits and/or number of employees to substantiate your idea.
- It should be written clearly and should use language appropriate for scholarly papers
- Do not use the bulleted or numbered list.
4. Explain why the macroeconomic indicator or policy selected in part 2 is important and how it may impact the industry.
Write one paragraph explaining why the macroeconomic indicator or policy selected in part 2 is important and how it may impact the industry.
- You should apply the elements of the course materials to support your idea when answering this question by focusing on at least one of the weekly discussion questions below
1.Look in the week 6 discussion question on GDP
2.Look in the week 7 discussion question on unemployment and inflation
3.Look in the week 8 discussion question on import and export
4.Look in the week 9 discussion question on taxes
5.Look in the week 10 discussion question on interest rates
- It should be written clearly and should use language appropriate for scholarly papers
- Do not use the bulleted or numbered list
5. Describe a recent trend in the macro-economic indicator or policy in part 2. Includes a graph, table, or chart that illustrates the observed trend.
Write one paragraph describing a recent trend in the macro-economic indicator or policy in part 2. Includes a graph, table, or chart that illustrates the observed trend
- You may use a graph or table to determine any trends that you would highlight about the identified macroeconomic indicator or policy that the industry should monitor (inflation, unemployment, imports and exports, government expenditure, taxes, and/or interest rates).
- Focus on the stability or increase/decrease of the chosen indicator when commenting on the graph (be certain to follow your graph or table with substantiated comments, explaining any major discrepancy in the data or the change in the shape of the curve).
- It should be written clearly and should use language appropriate for scholarly papers
- Do not use the bulleted or numbered list.
6. Conclusion
Write one paragraph conclusion that describes the industry, attention should be paid to whether or not the observed trend is expected to continue.
- This should be your (own) personal opinion.
- Explain what you learned about the topic (attention should be paid to whether or not the observed trend is expected to continue)
- You may also expand upon this point by explaining what conclusion you draw from your research on the topic.
- It should be written clearly and should use language appropriate for scholarly papers
- Do not use the bulleted or numbered list
- You will write this last.
References
Be sure to use the Strayer Writing Standard and cite all your sources; provide at least two (2) qualified sources (i.e., peer-reviewed journals, government, or a professional organization Website). Note: Sources are listed in the order that they are used in your paper, and Wikipedia and other Websites do not qualify as academic resources
Here are examples of references (using Strayer Writing Standards)
- Michael Harvey, 2013, The Nuts & Bolts of College Writing, http://libdatab.strayer.edu/login?url=http://searc…
- William R. Stanek, 2010, Storyboarding Techniques chapter in Effective Writing for Business, College and Life, http://libdatab.strayer.edu/login?url=http://searc…
- Zyad Hicham, 2017, Vocabulary Growth in College-Level Students’ Narrative Writing, http://libdatab.strayer.edu/login?url=http://searc…
- ABC Company’s Policy & Procedures Committee, Employee Dress and Attendance Policy, this is a policy in my office
- Henry M. Sayre, 2014, The Humanities: Culture, Continuity and Change Vol 1, this is the HUM111 textb