Macroeconomic Data Report

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Choose a 10-year period in the history of the United States between 1950 and today. All responses will be related to that time frame.

I choose the period of 2000-2010

Using the Milestone One PowerPoint Template provided, create 4–6 slides that address the following critical elements:

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

2. Unemployment and Inflation

3. 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

** Please review all attachments for more detailed instructions**

**Speaker notes must be included**

Please follow the instructions in this captioned video in order to submit your PowerPoint as a PDF with notes so that your instructor can view your speaker notes.


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ECO 202 Milestone One Guidelines and Rubric: Macroeconomic Data Report Choose a 10-year period in the history of the United States between 1950 and today. All responses will be related to that timeframe. a) Analyze the annual GDP to calculate specific growth rates and trends in the U.S. economy. b) Analyze unemployment and inflation data. c) Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. Using the Milestone One PowerPoint Template provided, create 4–6 slides that address the following critical elements: 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? Below are links that offer helpful tips and examples for developing your presentations:      Making PowerPoint Slides Beyond Bullet Points: The Better Way to Use PowerPoint Really Bad PowerPoint and How to Avoid It 10 Tips for Better Slide Decks This PowerPoint presentation on economic growth created by Biz/Ed.com shows an effective use of photos, art, and charts to present information. Rubric Guidelines for Submission: Your macroeconomic data report should be 4–6 slides in PowerPoint, Prezi, Keynotes or PreZentit, not including title or reference slides. Be sure to include speaker notes to accompany all of your responses. Your reference list slide needs to be in APA format. Critical Elements Proficient (100%) Examination: GDP: Growth Accurately analyzes the annual Rates and Trends GDP during the time frame to calculate specific growth rates and trends in the U.S. economy, and provides information in speaker notes Examination: GDP: Applies specific models Influenced National Output 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 Needs Improvement (75%) 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 Examination: Analyzes unemployment and Analyzes unemployment and Unemployment: Output and inflation data during the time inflation data during the time Growth frame in their relation to output frame, but does not relate and growth, using analysis to output and growth, macroeconomic principles and does not use macroeconomic models to explain their effect, principles and models to explain and provides information in their effect, or does not provide speaker notes information in speaker notes Examination: Applies specific models Applies specific models Unemployment: Events developed throughout the course developed throughout the course to demonstrate how relevant to demonstrate how relevant historical/or and current events historical and current events have have influenced both influenced both unemployment unemployment and inflation and inflation during this time during the time period, and period, but events chosen are not provides information in speaker relevant, or does not provide notes information in speaker notes Examination: Interest Rate Analyzes interest rate fluctuations Analyzes interest rate fluctuations Fluctuations throughout the time period and throughout the time period, but their effect on other aspects of does not relate this to their effect Not Evident (0%) Does not analyze the annual GDP during the time frame Value 18 Does not apply specific models developed throughout the course to demonstrate influence on national output 18 Does not analyze unemployment and inflation data during the time frame 18 Does not apply specific models developed throughout the course to demonstrate relevant events’ influence on unemployment and inflation 18 Does not analyze interest rate fluctuations throughout the time period 18 the economy, such as inflation, investment, foreign trade, and the GDP, and provides information in speaker notes Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization on other aspects of the economy such as inflation, investment, foreign trade, and the GDP, or does not provide information in speaker notes Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas Earned Total 10 100% Presentation Title Taresha Gardner ECO 202 ECO 202 Ten-Year Period of U.S. Economic History Overview • This slide should include a brief overview of the 10-year period between 1950 and today that you chose for this presentation. ECO 202 GDP (2 slides) 1. Gross Domestic Product (GDP) and Growth • Show a graph of real GDP growth rates for each year of your decade and highlight significant changes in growth rates, such as dips or negative growth (recession) or booms (economic expansion) • Real GDP data can be found here at FRED, the research database of the St. Louis Federal Reserve – adjust the data to your 10 year period • Here is a video to introduce you to using the FRED site and this video shows you how to adjust the units so you can get growth rate for each year – the data above will come up in dollars so it needs to be adjusted. 2. 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. • You can use the GDP formula to explain how an event impacted GDP growth. For instance, if there was large increase in military spending because of a war, we would expect to see an increase in GDP through increased Government Spending. • Be sure the connections you make are supported by the data you present. To access hyperlinks, view as Slide Show from top ribbon tab ECO 202 Unemployment and Inflation (2+ slides) 1. Analyze unemployment and inflation data as to their relation to output and growth, using macroeconomic principles and models to explain their effect. • Show graphs of both annual inflation rates and annual unemployment rates throughout your decade. • Find data on inflation rates – here are some you could use (you do not need to use all), and be sure to change the units to percent change from a year ago: • Consumer Price Index • Consumer Price Index – Less Food and Energy (less volatile and often uses for targeting purposes, often called “Core CPI”) • Producer Price Index • Find data on unemployment here • Explain how inflation and unemployment are calculated for the data presented • Discuss how changes in both are related to changes in GDP growth 2. Apply specific models developed throughout the course to demonstrate how the previously selected events influenced both unemployment and inflation during this time period. • Discuss how the events impacted both economic indicators • For the final draft, look to include our AD-AS model to illustrate how events led the changes observed in both ECO 202 Interest Rates Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. • Show graph of interest rates during your time period – there are different rate to choose from, like the Federal Funds Rate, the 3-Month Treasury Rate or the Bank Prime Loan Rate which will each give a sense of the level of interest rates and the trend throughout the decade • Then discuss the following: • How would these fluctuations affect/be affected by inflation? • Would investments and foreign trade rates increase or decrease? • How would the GDP of the American economy be affected? • To answer the above questions, consider the relationship between interest rates and GDP ECO 202 References • Include references in APA style. • For help with what in-text citations and reference listings should look like in a PowerPoint, refer here. ECO 202
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