It is important to be able to convey your understanding of macroeconomic concepts by communicating them to others. In the workplace, you might do this by writing papers or reports (as you did for the Week 5 assignment) or creating presentations for your team, manager, or clients. For this assignment, you will develop a final report.
- Use the Week 9 Macroeconomic Paper Template [DOCX] Download Week 9 Macroeconomic Paper Template [DOCX]to help you get started.
For this final report assignment, you can use the same industry you selected for the Week 3 assignment, or you can select another industry.
- Prepare a 2–3 page final report in which you examine one of the macroeconomic variables below:
- Real Gross Domestic Product (GDP).
- The unemployment rate.
- The inflation rate.
Instructions
Choose an industry that interests you. (Remember: An industry is not a company. It is a group of companies doing the same thing. Ford is a company. Automobile manufacturing is an industry.)
- Do research on your industry. In a few short paragraphs, describe your selected industry.
- Be sure to write in your own words.
- Identify the goods and/or services the industry provides.
- Identify some of the major companies in this industry.
- Add anything else about the industry that you think is interesting.
- Keep track of your sources and list them at the bottom of your paper according to SWS.
- Select one of three macroeconomic variables (real GDP, the unemployment rate, or the inflation rate) that a businessperson in your chosen industry should monitor, and explain why that variable is important and how it might have an impact on your selected industry.
- Describe in a sentence or two the important movements of the variable in the table and graph.
- Excel tables and graphs are attached for each of the three macroeconomic variables (real GDP, the unemployment rate, and the inflation rate).
- Review the Excel table and graph for the macroeconomic variable that you chose.
- Summarize how you think this industry will perform in the future.
- Be sure to provide support for your prediction of this future industry performance.
- Your report should include a minimum of two references/citations in the text.
INSTRUCTIONS
Format
- ting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
Resources to Complete the Assignment
- Week 9 Macroeconomics Assignment Aid With Excel Examples [DOCX] Download Week 9 Macroeconomics Assignment Aid With Excel Examples [DOCX].
- Statista.
This assignment is aligned with this course outcome:
- Apply macroeconomic concepts to current and personal economic events and decisions.
View Rubric
| Week 9 Assignment - Economic Principles – Macroeconomics | ||
|---|---|---|
| Criteria | Ratings | Pts |
| Describe an industry and present some of the major companies and the goods and/or services this industry produces. | 17.5 to >15.75 pts Exemplary Described an industry and presented some of the major companies and the goods and/or services this industry produces.15.75 to >14 pts Competent Described an industry and presented some of the major companies, and the goods and/or services this industry produces with minor details excluded.14 to >12.25 pts Satisfactory Identified an industry but did not present a complete description of the industry and some of its major companies, or the goods and/or services this industry produces.12.25 to >10.5 pts Needs Improvement Identified an industry but did not include an accurate description of the industry and its major companies and the goods and/or services this industry produces.10.5 to >0 pts Unacceptable Did not describe an industry and present a description of some of the major companies and the goods and/or services this industry produces. | / 17.5 pts |
Select one of three macroeconomic variables (real GDP, the unemployment rate, or the inflation rate) and explain why the variable is important and how it might have an impact on your selected industry. | 52.5 to >47.24 pts Exemplary Selected one of three macroeconomic variables (real GDP, the unemployment rate, or the inflation rate) and explain why the variable is important and how it might have an impact on your selected industry.47.24 to >41.99 pts Competent Selected one of three macroeconomic variables (real GDP, the unemployment rate, or the inflation rate) and explained why the variable is important and how it might have an impact on your selected industry with minor details excluded.41.99 to >36.74 pts Satisfactory Selected one of three macroeconomic variables (real GDP, the unemployment rate, or the inflation rate) but presented an incomplete explanation of why the variable is important and how it might have an impact on your selected industry.36.74 to >31.49 pts Needs Improvement Selected one of three macroeconomic variables (real GDP, the unemployment rate, or the inflation rate) but did not explain why the variable is important and how it might have an impact on your selected industry.31.49 to >0 pts Unacceptable Did not select one of three macroeconomic variables (real GDP, the unemployment rate, or the inflation rate) and did not explain why the variable is important and how it might have an impact on your selected industry. | / 52.5 pts |
Describe in a sentence or two the important movements of the macroeconomic variable you selected from the provided Excel tables and graphs. | 52.5 to >47.24 pts Exemplary Described in a sentence or two the important movements of the macroeconomic variable you selected from the provided Excel tables and graphs.47.24 to >41.99 pts Competent Described in a sentence or two the important movements of the macroeconomic variable you selected from the provided Excel tables and graphs with minor details excluded.41.99 to >36.74 pts Satisfactory Described in a sentence or two the important movements of the macroeconomic variable you selected from the provided Excel tables and graphs incompletely.36.74 to >31.49 pts Needs Improvement Described in a sentence or two the important movements of the macroeconomic variable you selected from the provided Excel tables and graphs incorrectly.31.49 to >0 pts Unacceptable Did not describe in a sentence or two the important movements of the macroeconomic variable selected from the provided Excel tables and graphs. | / 52.5 pts |
Summarize how the industry will perform in the future. Provide support for the rationale. | 35 to >31.5 pts Exemplary Summarized how the industry will perform in the future. Provided support for the rationale.31.5 to >28 pts Competent Summarized how the industry will perform in the future. Provided support for the rationale with minor details excluded.28 to >24.5 pts Satisfactory Summarized how the industry will perform in the future. Provided incomplete support for the rationale.24.5 to >21 pts Needs Improvement Summarized how the industry will perform in the future. Did not provide support for the rationale.21 to >0 pts Unacceptable Did not summarize how the industry will perform in the future. Did not provide support for the rationale. | / 35 pts |
Clarity, writing mechanics, and SWS formatting requirements, meets the two-page minimum, and the two reference/citation minimum. | 17.5 to >15.75 pts Exemplary Clarity, writing mechanics, and SWS formatting requirements, meets the two-page minimum, and the two reference/citation minimum.15.75 to >14 pts Competent Clarity, writing mechanics, and SWS formatting requirements, meets the two-page minimum, and the two reference/citation minimum. 3–4 errors present.14 to >12.25 pts Satisfactory Clarity, writing mechanics, and SWS formatting requirements, meets the two-page minimum, and the two reference/citation minimum. 5–6 errors present.12.25 to >10.5 pts Needs Improvement Clarity, writing mechanics, and SWS formatting requirements, meets the two-page minimum, and the two reference/citation minimum. 7–8 errors present.10.5 to >0 pts Unacceptable Clarity, writing mechanics, and SWS formatting requirements, meets the two-page minimum, and the two reference/citation minimum. More than eight errors present. | / 17.5 pts |
| Total Points: 0 |