ECO 100 Final Report – Economic Brief: Bed and Breakfast Apply macroeconomic concepts to current and personal economic events and decisions. For this Fin

ECO 100 Final Report – Economic Brief: Bed and Breakfast Apply macroeconomic concepts to current and personal economic events and decisions.

For this Final Report assignment, you can build off your previous economic brief and selected industry from Assignment 1 and examine one of the macroeconomic indicators or policies below:
GDP growth
Unemployment rates
Inflation rates
Interest rates
Imports and exports
Government fiscal policy and issues related to taxation, government spending, and budget deficits
minimum of two to three (2-3) pages, double spaced, 12 pt. font, 2 references in which you:

1. Introduce your selected industry with a brief one-paragraph introduction. Refer to the NAICS (North American Industry Classification System) to review the details about your industry.

2. Assess your selected industry’s relative size and growth rate in the economy.

3. Identify one newsworthy macroeconomic indicator or policy (e.g., GDP, unemployment, inflation rates, interest rates, government taxation and spending decisions, and/or FED decisions) that the industry should monitor and explain why it’s important and how it might impact your selected industry.

These resources are available to help you measure and track macroeconomic indicators and outcomes of macroeconomic policies.You’ll use one or more depending on the macroeconomic indicator selected.

• 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 Labor Statistics (bls.gov).

• % Change in Real Exports and Imports – Select Section 4, then table 4.2.1. (Select MODIFY to change the year range and frequency.) Data is from Bureau of Economic Analysis (bea.gov).

• Government receipts, expenditures, and savings – Select Section 3, then table 3.1 for total government and table for 3.2 for federal government. (Select MODIFY to change the year range and frequency.) Data is from the Bureau of Economic Analysis (bea.gov).

• FED Funds Interest Rates. Data is from Trading Economics (tradingeconomics.com).

4. Describe a recent trend in the macroeconomic indicator or policy. Include a graph, chart, or table that illustrates the observed trend.

5. Summarize how you think this industry will perform in the future. Provide support for your rationale. Final Report
Title
By Your Name
ECO100
Professor’s Name
Date
1. Introduction
(In this section, provide a one-paragraph brief introduction about your selected industry.
Please delete all instructions and use double-spacing before submitting your paper.)
2. Size and/or Growth of Industry
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.
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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.
Do not use bulleted or numbered lists.
Write clearly and professionally; follow the Strayer Writing Standards.
3. Macroeconomic Indicator or Policy and Its Importance and Impact
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). Explain why the macroeconomic indicator or policy is important and how
it may impact the industry.
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Consider its importance and impact by looking at one or more 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.
Do not use bulleted or numbered lists.
Write clearly and professionally; follow the Strayer Writing Standards.
1.
2.
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4. Recent Trend
Write one paragraph describing a recent trend in the macroeconomic indicator or policy in part
3. Include a graph, table, or chart that illustrates the observed trend.
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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.
Do not use bulleted or numbered lists.
Write clearly and professionally; follow the Strayer Writing Standards.
2
5. Conclusion
Write a one-paragraph conclusion that summarizes how you think the industry will perform in
the future. Attention should be paid to whether the observed trend is expected to continue.
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This should be your (own) opinion.
Explain what you learned about the topic. Attention should be paid to whether 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.
Do not use bulleted or numbered lists.
Write clearly and professionally; follow the Strayer Writing Standards.
3
Sources
1. List in order of use.
2. List a second source here.
3. Repeat for additional sources.
4

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