Macroeconomic Conditions
Macroeconomic Conditions
With the help of available information, and data, prepare a research paper on selected trends in the USA economy from a macroeconomic perspective over the past 3 years. Your paper must report on trends in
Gross Domestic Product (GDP)
Inflation as measured by the Consumer Price Index (CPI)
Unemployment and the labor situation
And at least two other issues from the following list:
Interest rates
The housing market
Money supply and monetary policy
Government expenditure and the national debt
Your paper must explain why the trends are as they are. For example, in explaining GDP trends you should explain which sectors helped to produce growth, which declined etc. Use graphs and diagrams to explain trends. I recommend highly the following websites – Bureau of Economic Analysis www.bea.gov; Bureau of Labor statistics – www.bls.gov ; http://www.gpoaccess.gov/usbudget/ for fiscal tables; and Economic reports of the President at http://www.gpoaccess.gov/eop/download.html (click on 2012 for a report on the year 2011, and on 2011for a report on the year 2010 etc.)
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