Question Details

(solution) Hi This is a Macroeconomics full project. Please read the entire


Hi

This is a Macroeconomics full project. Please read the entire document. You can send me the full report and I will later on divide it in to the milestones. Also at the end a 3 to 4 slide PPT is required as well.


ECO 202 Final Project Guidelines and Rubric

 

Overview

 

The final project for this course is the creation of economic history analysis presentation. Macroeconomics is the part of the study of economics that is concerned

 

with the aggregate or the whole. Macroeconomics provides us with tools and methods to understand how our economy works as a whole. It deals with

 

economy-wide issues such as price levels, employment, national income, and growth. As a student of macroeconomics, you will learn how to understand the

 

changes occurring throughout our economy and how our economy is influenced by our decisions, by our government, and by other countries.

 

In this assignment, you will perform an in-depth analysis of a 10-year period in U.S. economic history between 1950 and today. In your analysis, you will examine

 

macroeconomic data, basic macroeconomic principles, government actions, and historical/current events to give a clear and comprehensive picture of your

 

chosen time period and detail how they are related to one another.

 

The project is divided into three milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final

 

submissions. These milestones will be submitted in Modules Two, Four, and Five. The final project will be submitted in Module Seven.

 

In this assignment, you will demonstrate your mastery of the following course outcomes: Apply macroeconomic models to historical and current events for drawing connections between the events and their economic impact

 

Determine the effects of government intervention and fiscal and monetary policy actions for their impact on the economy

 

Analyze macroeconomic data for their implication to economic outcomes and forecasting

 

Analyze macroeconomics trends and government policies for their influence on industries and households Prompt

 

For this assignment, you will first need to choose a 10-year period in U.S. economic history between 1950 and today. You will then present the data collected

 

from government sources related to a variety of macroeconomic phenomena and analyze them in conjunction with the models and core principles to explain the

 

economy-wide changes during your chosen time period. You will also examine the events of the time in their relation to the macroeconomic issues as well as the

 

corresponding government actions taken (fiscal and monetary policies) to address the issues. The final presentation should be 15?20 slides using PowerPoint,

 

Prezi, Keynote, or PreZentit, including title and reference slides. Be sure to include speaker notes to accompany the data and graphs, information, and

 

explanations presented on the slide.

 

Specifically, the following critical elements must be addressed:

 

I. Examination of Macroeconomic Data (Be sure to include speaker notes to accompany all of your responses.)

 

a) Gross Domestic Product (GDP) and Growth

 

i.

 

Analyze the annual GDP during the time frame to calculate specific growth rates and trends in the U.S. economy. ii. Choose two or three of the most relevant historical and/or current events during this time period that impacted the U.S. economy. Apply

 

specific models developed throughout the course to demonstrate how these events influenced national output during this time.

 

b) Unemployment and Inflation

 

i.

 

Analyze unemployment and inflation data during the time frame in their relation to output and growth, using macroeconomic principles

 

and models to explain their effect.

 

ii.

 

Apply specific models developed throughout the course to demonstrate how the previously selected historical and/or current events

 

influenced both unemployment and inflation during this time.

 

c) Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. How would these fluctuations

 

affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected?

 

d) Foreign Trade

 

i.

 

Analyze data representing levels of U.S. imports and exports during this time. How do they relate to other economic outcomes such as

 

the GDP, foreign exchange rates, and so on?

 

ii.

 

Apply specific models developed throughout the course to demonstrate how domestic and foreign events (e.g., wars, changes in trade

 

barriers, development abroad) have impacted the level of and changes in imports and exports in the United States.

 

II. III. Government Policies (Be sure to include speaker notes to accompany all of your responses.)

 

a) Fiscal Policy

 

i.

 

Examine the fiscal policies in place at the start of your specific time period in relation to their effects on macroeconomic issues. For

 

instance, consider level of government spending, taxation, subsidies, unemployment benefits, and so on.

 

ii.

 

Analyze new fiscal policy actions undertaken by the U.S. government throughout the time period by describing their intended effects,

 

using macroeconomic principles to explain the actions.

 

iii.

 

Explain the impact of the new fiscal policy actions on individuals and businesses within the economy by integrating the macroeconomic

 

data and principles.

 

b) Monetary Policy

 

i.

 

Examine the monetary policies in place at the start of your specific time period in relation to their effects on macroeconomic issues. For

 

instance, consider the discount rate set by the Fed, the rates on reserves, open market operations, and so on.

 

ii.

 

Analyze new monetary policy actions undertaken by the U.S. government throughout the time period by describing their intended

 

effects, using macroeconomic principles to explain the actions.

 

iii.

 

Explain the impact of the new monetary policy actions on individuals and businesses within the economy by integrating the

 

macroeconomic data and principles.

 

Conclusion (Be sure to include speaker notes to accompany all of your responses.)

 

a) Summarize the overall trends and outcomes of this 10-year period by integrating the data, economic models, and historical analysis.

 

b) Defend your agreement or disagreement with the actions taken by the U.S. government during this time based upon your analysis and

 

application of the macroeconomic theories. Milestones

 

Milestone One: Macroeconomic Data Report

 

In Module Two, you will submit the first three sections of your final project as outlined in Section I, parts a), b), and c).

 

1) Choose a 10-year period in the history of the U.S. between 1950 and today. All responses will be related to that timeframe.

 

b) Gross Domestic Product (GDP) and Growth

 

i.

 

Analyze the annual GDP to calculate specific growth rates and trends in the U.S. economy.

 

ii.

 

Choose two or three of the most relevant events from this time period that impacted the U.S. economy. Apply specific models

 

developed throughout the course to demonstrate how these events influenced national output during this time period.

 

c) Unemployment and Inflation

 

i.

 

Analyze unemployment and inflation data as to their relation to output and growth, using macroeconomic principles and models to

 

explain their effect.

 

ii.

 

Apply specific models developed throughout the course to demonstrate how the previously selected events influenced both

 

unemployment and inflation during this time period.

 

d) Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. How would these fluctuations

 

affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected?

 

2) Present your research with 4?6 slides in PowerPoint, Prezi, Keynotes, or PreZentit, not including title page and references. Be sure to include speaker

 

notes to accompany all of your responses.

 

3) Apply APA formatting to citations and references.

 

This milestone will be graded with the Milestone One Rubric.

 

Milestone Two: Fiscal Policies

 

In Module Four, you will submit a section of your final project pertaining to fiscal policies as outlined in Section II, part a).

 

1) Continue your observation of the 10-year period selected for Milestone One, and research the government policies implemented during those years.

 

a) Fiscal Policy

 

i.

 

Examine the fiscal policies in place at the start of your specific time period in relation to their effects on macroeconomic issues. For

 

instance, consider level of government spending, taxation, subsidies, unemployment benefits, and so on. Analyze new fiscal policy actions

 

undertaken by the U.S. government throughout the time period by describing their intended effects, using macroeconomic principles to

 

explain the actions.

 

ii.

 

Explain the impact of the new fiscal policy actions on individuals and businesses within the economy by integrating the macroeconomic

 

data and principles. 2) Present your research with 3?5 slides in PowerPoint, Prezi, Keynotes or PreZentit, not including title page and references. Be sure to include speaker

 

notes to accompany all of your responses.

 

3) Apply APA formatting to citations and references.

 

This milestone will be graded with the Milestone Two Rubric.

 

Milestone Three: Monetary Policies

 

In Module Five, you will submit a section of your final project pertaining to monetary policies as outlined in Section II, part b). 1) Continue your observation of the 10-year period selected for Milestone One and research the Government Policies implemented during those years.

 

a) Monetary Policy

 

i.

 

Examine the monetary policies in place at the start of your specific time period in relation to their effects on macroeconomic issues. For

 

instance, consider the discount rate set by the Fed, the rates on reserves, open market operations, and so on.

 

ii.

 

Analyze new monetary policy actions undertaken by the U.S. government throughout the time period by describing their intended

 

effects, using macroeconomic principles to explain the actions.

 

iii.

 

Explain the impact of the new monetary policy actions on individuals and businesses within the economy by integrating the

 

macroeconomic data and principles.

 

2) Present your research with 3?5 slides in PowerPoint, Prezi, Keynotes or PreZentit, not including title page and references. Be sure to include speaker

 

notes to accompany all of your responses.

 

3) Apply APA formatting to citations and references.

 

This milestone will be graded with the Milestone Three Rubric.

 

Final Project: Economic History Analysis Presentation

 

In Module Seven, you will submit your final project. It will include new research on foreign trade practices (Section I, part d), will draw conclusions (Section III),

 

and integrate all milestones and feedback. It should be a complete, polished artifact containing all of the critical elements of the final product.

 

1) Research and present, in 3?4 slides, foreign trade practices and policies of the 10-year period you researched for Milestones One, Two, and Three.

 

a) Analyze data representing levels of U.S. imports and exports during this time. How do they relate to other economic outcomes such as the GDP,

 

foreign exchange rates, and so on?

 

b) Apply specific models developed throughout the course to demonstrate how domestic and foreign events (e.g., wars, changes in trade barriers,

 

development abroad) have impacted the level of and changes in imports and exports in the United States. 2) Draw conclusions to the research carried out throughout the course.

 

a) Summarize the overall trends and outcomes of this 10-year period by integrating the data, economic models, and historical analysis.

 

b) Defend your agreement or disagreement with the actions taken by the U.S. government during this time based upon your analysis and

 

application of the macroeconomic theories.

 

3) Incorporate and integrate this information with the slides developed during Milestones One, Two, and Three into a 15?20-slide presentation that covers

 

all the critical elements of the assignment. Be sure to include speaker notes to accompany all of your responses.

 

4) Apply APA formatting to citations and references.

 

The final project will be graded using the Final Project Rubric. Deliverables

 

Milestone Deliverables Module Due Grading 1 Macroeconomic Data Report Two Graded separately; Milestone One Rubric 2 Fiscal Policies Report Four Graded separately; Milestone Two Rubric 3 Monetary Policies Report Five Graded separately; Milestone Three Rubric Seven Graded separately; Final Project Rubric Final Submission: Economic History

 

Analysis Presentation Final Project Rubric

 

Guidelines for Submission: Your economic history analysis presentation should be 15?20 slides, including title and reference slides, and include speaker notes to

 

accompany the slides. Your reference list slide needs to be in APA format.

 

Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information,

 

review these instructions.

 

Critical Elements

 

Examination: GDP:

 

Growth Rates and

 

Trends Exemplary (100%)

 

Meets ?Proficient? criteria and

 

explains relevance of the growth

 

rates observed Examination: GDP:

 

Influenced National

 

Output Meets ?Proficient? criteria and

 

offers a nuanced insight into the

 

relationship between events and

 

national output Examination:

 

Meets ?Proficient? criteria and

 

Unemployment and explains how data is collected and

 

Inflation: Output and calculated

 

Growth Proficient (85%)

 

Accurately analyzes the annual

 

GDP during the time frame to

 

calculate specific growth rates

 

and trends in the U.S. economy

 

and provides information in

 

speaker notes

 

Applies specific models

 

developed throughout the course

 

to demonstrate how relevant

 

historical and/or current events

 

have influenced national output

 

during the time period, and

 

provides information in speaker

 

notes

 

Analyzes unemployment and

 

inflation data during the time

 

frame in their relation to output

 

and growth, using

 

macroeconomic principles and

 

models to explain their effect,

 

and provides information in

 

speaker notes Needs Improvement (55%)

 

Analyzes the annual GDP during

 

the time frame to calculate

 

specific growth rates and trends

 

in the U.S. economy, but analysis

 

is inaccurate, or does not provide

 

information in speaker notes

 

Applies specific models

 

developed throughout the course

 

to demonstrate how relevant

 

historical and current events have

 

influenced national output during

 

the time period, but events

 

chosen are not relevant, or does

 

not provide information in

 

speaker notes

 

Analyzes unemployment and

 

inflation data during the time

 

frame, but does not relate

 

analysis to output and growth,

 

does not use macroeconomic

 

principles and models to explain

 

their effect, or does not provide

 

information in speaker notes Not Evident (0%)

 

Does not analyze the annual GDP

 

during the time frame Value

 

6.4 Does not apply specific models

 

developed throughout the course

 

to demonstrate influence on

 

national output 6.4 Does not analyze unemployment

 

and inflation data during the time

 

frame 6.4 Examination:

 

Unemployment:

 

Events Meets ?Proficient? criteria and

 

offers a nuanced insight into the

 

relationship between events,

 

unemployment, and inflation Examination: Interest Meets ?Proficient? criteria and

 

Rate Fluctuations

 

relates fluctuations to all other

 

factors of the economy Examination: Foreign Meets ?Proficient? criteria and

 

Trade: Imports and provides specific detail in

 

Exports

 

presenting the data Examination: Foreign Meets ?Proficient? criteria and

 

Trade: Models

 

offers a nuanced insight into the

 

relationship between events and

 

changes in imports and exports Government Policies: Meets ?Proficient? criteria and

 

Fiscal: Policies

 

cites scholarly research to

 

support the relation between the

 

policies and the issues Applies specific models

 

developed throughout the course

 

to demonstrate how relevant

 

historical/or and current events

 

have influenced both

 

unemployment and inflation

 

during the time period, and

 

provides information in speaker

 

notes

 

Analyzes interest rate fluctuations

 

throughout the time period and

 

their effect on other aspects of

 

the economy, such as inflation,

 

investment, foreign trade, and

 

the GDP, and provides

 

information in speaker notes

 

Accurately analyzes data

 

representing levels of U.S.

 

imports and exports during the

 

time period as they relate to

 

other economic outcomes, and

 

provides information in speaker

 

notes

 

Applies specific models

 

developed throughout the course

 

to demonstrate how domestic

 

and foreign events have impacted

 

the level of and changes in

 

imports and exports in the United

 

States, and provides information

 

in speaker notes

 

Examines the fiscal policies in

 

place at the start of the specific

 

time period in relation to their

 

effects on macroeconomic issues,

 

and provides information in

 

speaker notes Applies specific models

 

developed throughout the course

 

to demonstrate how relevant

 

historical and current events have

 

influenced both unemployment

 

and inflation during this time

 

period, but events chosen are not

 

relevant, or does not provide

 

information in speaker notes

 

Analyzes interest rate fluctuations

 

throughout the time period, but

 

does not relate this to their effect

 

on other aspects of the economy

 

such as inflation, investment,

 

foreign trade, and the GDP, or

 

does not provide information in

 

speaker notes

 

Analyzes data representing levels

 

of U.S. imports and exports

 

during the time period, but does

 

not relate data to other economic

 

outcomes, does not provide

 

information in speaker notes, or

 

analysis is inaccurate

 

Applies specific models

 

developed throughout the course

 

to demonstrate how domestic

 

and foreign events have impacted

 

the level of and changes in

 

imports and exports in the United

 

States, but events chosen are not

 

relevant, or does not provide

 

information in speaker notes

 

Examines the fiscal policies in

 

place at the start of the specific

 

time period, but does not relate

 

this to their effects on

 

macroeconomic issues, or does

 

not provide information in

 

speaker notes Does not apply specific models

 

developed throughout the course

 

to demonstrate relevant events?

 

influence on unemployment and

 

inflation 6.4 Does not analyze interest rate

 

fluctuations throughout the time

 

period 6.4 Does not analyze data

 

representing levels of U.S.

 

imports and exports during the

 

time period 6.4 Does not apply specific models

 

developed throughout the course

 

to demonstrate impact of

 

domestic and foreign events on

 

foreign trade 6.4 Does not explain the fiscal

 

policies in place at the start of the

 

specific time period 6.4 Government Policies: Meets ?Proficient? criteria and is

 

Fiscal: Policy Actions well qualified and cites scholarly

 

research with specific examples

 

and references Analyzes new fiscal policy actions

 

undertaken by the U.S.

 

government throughout the time

 

period by describing their

 

intended effects, uses

 

macroeconomic principles to

 

explain the actions, and provides

 

information in speaker notes Analyzes new fiscal policy actions

 

undertaken by the U.S.

 

government throughout the time

 

period, but does not describe

 

their intended effects, does not

 

use macroeconomic principles to

 

explain the actions, or does not

 

provide information in speaker

 

notes

 

Government Policies: Meets ?Proficient? criteria and

 

Comprehensively explains the

 

Explains the impact of the new

 

Fiscal: Impact

 

uses concrete examples to

 

impact of the new fiscal policy

 

fiscal policy actions on individuals

 

substantiate claims and to

 

actions on individuals and

 

and businesses within the

 

comprehensively describe the

 

businesses within the economy

 

economy, but is not

 

policy results

 

by integrating the

 

comprehensive, does not

 

macroeconomic data and

 

integrate the macroeconomic

 

principles, and provides

 

data and principles, or does not

 

information in speaker notes

 

provide information in speaker

 

notes

 

Government Policies: Meets ?Proficient? criteria and

 

Examines the monetary policies

 

Examines the monetary policies

 

Monetary: Policies cites scholarly research to

 

in place at the start of the

 

in place at the start of the

 

support the relation between the selected time period in relation to selected time period, but does

 

policies and the issues

 

their effects on macroeconomic

 

not relate them to their effects on

 

issues, and provides information macroeconomic issues, or does

 

in speaker notes

 

not provide information in

 

speaker notes

 

Government Policies: Meets ?Proficient? criteria and is Analyzes new monetary policy

 

Analyzes new monetary policy

 

Monetary: Policy

 

well qualified and cites scholarly actions undertaken by the U.S.

 

actions undertaken by the U.S.

 

Actions

 

research with specific examples

 

government throughout the time government throughout the time

 

and references

 

period by describing their

 

period, but does not describe

 

intended effects, uses

 

their intended effects, does not

 

macroeconomic principles to

 

use macroeconomic principles to

 

explain the actions, and provides explain the actions, or does not

 

information in speaker notes

 

provide information in speaker

 

notes Does not analyze new fiscal policy

 

actions undertaken by the U.S.

 

government throughout the time

 

period 6.4 Does not explain the impact of

 

the new fiscal policy actions on

 

individuals and businesses within

 

the economy 6.4 Does not examine the monetary

 

policies in place at the start of the

 

selected time period 6.4 Does not analyze new monetary

 

policy actions undertaken by the

 

U.S. government throughout the

 

time period 6.4 Government Policies: Meets ?Proficient? criteria and

 

Monetary: Impact uses concrete examples to

 

substantiate claims and to

 

comprehensively describe the

 

policy results Conclusion: Trends

 

and Outcomes Conclusion:

 

Agreement or

 

Disagreement Articulation of

 

Response Comprehensively explains the

 

impact of the new monetary

 

policy actions on individuals and

 

businesses within the economy

 

by integrating the

 

macroeconomic data and

 

principles, and provides

 

information in speaker notes Explains the impact of the new

 

monetary policy actions on

 

individuals and businesses within

 

the economy, but is not

 

comprehensive, does not

 

integrate the macroeconomic

 

data and principles, or does not

 

provide information in speaker

 

notes

 

Meets ?Proficient? criteria and

 

Summarizes the overall trends

 

Summarizes the overall trends

 

highlights specific examples to

 

and outcomes of the 10-year

 

and outcomes of the 10-year

 

demonstrate trends and

 

period by effectively integrating

 

period, but does not integrate the

 

outcomes

 

the data, economic models, and data, economic models, and

 

historical analysis, and provides

 

historical analysis effectively,

 

information in speaker notes

 

does not apply all three elements,

 

or does not provide information

 

in speaker notes

 

Meets ?Proficient? criteria, and

 

Defends whether the student

 

Defends whether the student

 

point of view is well supported

 

agrees or disagrees with the

 

agrees or disagrees with the

 

and plausible

 

actions taken by the U.S.

 

actions taken by the U.S.

 

government during the selected government during the selected

 

time period based upon student?s time period based upon student?s

 

analysis and application of the

 

analysis and application of the

 

macroeconomic theories, and

 

macroeconomic theories, but

 

provides information in speaker

 

defense is weak, does not

 

notes

 

accurately analyze and apply

 

theories, or does not provide

 

information in speaker notes

 

Submission is free of errors

 

Submission has no major errors

 

Submission has major errors

 

related to citations, grammar,

 

related to citations, grammar,

 

related to citations, grammar,

 

spelling, syntax, and organization spelling, syntax, or organization

 

spelling, syntax, or organization

 

and is presented in a professional

 

that negatively impact readability

 

and easy-to-read format

 

and articulation of main ideas Does not explain the impact of

 

the new monetary policy actions

 

on individuals and businesses

 

within the economy 6.4 Does not summarize the overall

 

trends and outcomes of the 10year period 6.4 Does not defend whether the

 

student agrees or disagrees with

 

the actions taken by the U.S.

 

government during the selected

 

time period 6.4 Submission has critical errors

 

related to citations, grammar,

 

spelling, syntax, or organization

 

that prevent understanding of

 

ideas

 

Earned Total 4 100%

 


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