In the paper you are required to develop a U.S. macroeconomic outlook that summarizes where the macro economy has recently been, currently is, and is expected to go. You are also required to examine how a particular industry of your selection will perform over your expected macroeconomic outlook.
General Paper Information:
Your paper should be 15 pages or less of double spaced text in a 12 point font with a ragged right margin.
Your paper should be a Microsoft Word Document. Your paper should have a set of references that you used to find information for your content. If you use the material of others acknowledge that use with a reference in your text, for example, (Huth, 2007) or (BEA, 2003).
The report should not be copied text from other sources; it should be in your own words. Your report will be run through a plagiarism checker (http://turnitin.com/static/plagiarism.html).
You should use tables or charts from economic web sites in your paper to illustrate your discussion.
The style guide to use for your paper if needed is the APA style guide
Paper Content Information
Develop a paper that describes the recent historical, current, and expected future macroeconomic conditions in the U.S. domestic economy. In your report you should discuss the major National Income and Product Account (NIPA) components (eg. GDP, C, I, G, Net Exports, etc.) and address how they have been changing over the last few years (since 2005 or so). Discuss economic growth, employment and inflation conditions, and the business cycle. Also develop a financial market (interest rates) perspective where you examine money, financial markets, and federal reserve policy. Use sources from the FED, especially the most recent minutes from a Federal Open Market Committee (FOMC) meeting. Finally, select an industry and examine the competitive environment of that industry using Michael Porter’s five competitive forces model and connect the industries expected performance in the future to your macroeconomic outlook. Choose a firm from within the industry that you think will do best and justify your choice.
Your paper should include tables and charts supporting your discussion of the macro economy. After reading your report I should have a good picture of recent and current U.S. macroeconomic conditions and how they are expected to influence your industry and the firms in it.
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