Economics Final Exam Project

Component 1 – Charting the economy throughout the quarters: 20%

Students must submit an excel file with the data provided in n class on the board in the three areas provided (GDP, Unemployment and Inflation).

Component 2 – Graphing the results of component #1: 30%

Students must include graphs of each of the factors of the three areas in component #1. Graphs should be integrated into the write up in component #3. Graphs should be labeled in all aspects. Graphs should be used to interpret the data in component #3.

Component #3 – Analyzing the data to interpret the strength of the economy: 50%

Students must submit a written analysis interpreting the data provided in components 1 & 2. Students should use the data (and their knowledge of the meaning of the data) to judge the state of the U.S. economy. Outside sources are not required, but if used must be cited through MLA format. Each data category (unemployment, inflation and gdp growth) should include a MINIMUM of one paragraph analysis. Your analysis (component 3) should not exceed 5 pages in length.

State of the Economy Essay (Component #3 – 50% of Final Exam Grade)

You will write an essay describing the US Economy using the economic data we have collected during the semester. How is it? Are we growing? Are we in an expansion, recession, depression? (note please that these are specific economic terms from your text and must be used correctly!) Is it a severe recession or minor recession? Is it an anemic recovery or a healthy one?

Your essay must a minimum of 5 paragraphs, including an introduction and a conclusion. You are required to have at least one paragraph on each of the following topics: unemployment, inflation and real GDP growth. Each of these paragraphs must reference the data we have collected and must include a graph of the data within the paragraph. The raw data charts from excel must be attached to the essay.

Due Date - Final Exam