1. Paper is to be an analysis on the recent economic events or economic reports from the supplemental resources or references. The focus of this assignment is to relate and analyze current events to basic principles of macroeconomics covered in this course. It is not acceptable to just regurgitate statistics. The paper should indicate that you have a clear understanding of theory learned in class and its application/operation in the ‘outside world.’ The paper must include charts, tables, and graphics that illustrate application of economic theory since economics is a very quantitative area of study. Please reach out to the instructor for potential sources for this information but depending on your topic government websites are solid sources as listed below.
Bureau of Labor Statistics (Unemployment and Inflation Rates) – https://www.bls.gov/
Bureau of Economic Analysis (Gross Domestic Product) – https://bea.gov/
(Links to an external site.)Federal Reserve Board (Monetary Policy) – https://www.federalreserve.gov/ (Links to an external site.)
Congressional Budget Office (Government Spending/Fiscal Policy) – https://www.cbo.gov/
Trading Economics (Major Economic Indicators) – http://www.tradingeconomics.com/united-states/indicators
2.Use standard file format (.doc or .docx) for all deliverables. Standard margins apply. Papers should contain proper documentation of the article(s) or other references used. If direct quotes are used (not contained in the article), appropriate footnotes, endnotes, or parenthetical citations must accompany the quotes. Since a part of your paper will come from published sources, Internet references, etc., there should be sufficient evidence of where the information for your paper originated. Paper length should be a 5-7 pages – short enough to qualify as a commentary but long enough to adequately address the subject. Papers are graded on quality of content, not quantity and in accordance with the grading rubric guidelines and expectations. Standard APA style rules apply and clarity is important to your grade.