25% of total grade
There is a term paper requirement for this course that is designed to sharpen your writing, research and critical analysis skills. The topic shall be one of your choosing and follow these guidelines:
The paper should begin with a concise statement of the problem/topic (did the stimulus cause inflation?)
Summarize your position with an anticipation of the conclusion
The body of the paper should be the data and narrative to support your position and conclusion
There should be a concluding paragraph or statement
Your term paper should follow these guidelines:
Include at least three graphs developed in our course.
A narrative which centers on 8 pages in length not including appendices
Have a title page and bibliography
At least 7 sources not including the text (the text is Microeconomics: Markets, Methods, and Models by Douglas Curtis and Ian Irvine)
Word processed using double spacing and a 12 point font
The purpose of the data exercises is to ensure that you are familiar with the methodology of collecting economic/financial data from the Web and analyzing it. These exercises include collecting the required data, creating a graph or table to present this information, and no more than three double-spaced pages of analysis of the data.
The point of view that you should take in addressing each topic is that your audience (see above) is ignorant of what this data represents and how it is measured. Your task is to explain what the concept is what it intends to measure, how it is measured and to what uses the data can be utilized. For example the unemployment rate is a statistic in very common use and it is intended to measure the percentage of labor force (which itself is a very specific metric) is currently not working and is actively searching for work. Uses of this statistic are to find ways and means to reduce it, to allocate unemployment insurance, to gauge inflationary pressure, etc.
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