+1(978)310-4246 credencewriters@gmail.com
  

It is time to write your current events report again. The report needs to cover the developments between October 4th-December4th. The template will be the guideline/format

CURRENT EVENTS REPORT 2
UNF Principles Macroeconomics- Fall2019*
Dates: (Enter the dates your report is covering here)
This issue is prepared by (Enter your name)
INTRODUCTION:
This section is supposed to discuss the short summary of the major developments that made an impact
on the economy in your reporting period.
Major developments could include tax policy changes, government shutdown, stock market fluctuations,
natural disasters that can make economy wide impact, oil price changes, major political events, trade
wars and new data published by government institutions etc.
(Add a relevant picture/graph or table here)
The student who writes this section is expected to follow the news and write 150-200 words of
summary)
Here are the type of questions I expect you to answer:
-What are the political events that could be influential on the economy (election, resignation, an
important developments about the wall etc.)?
-What are the economic events that could be influential on the economy (Hurricane Harvey, Fed’s
interest rate decision etc.)?
-Are there any international developments that can be influential on the US economy (war in Iraq,
financial crisis in Asia, oil price shock)?
-Anything worth mentioning including your comments can be here.
GDP DEVELOPMENTS:
The GDP grew by _____________________(Enter the most recent number here)
Start with a diagram of the GDP figures. For this, go to the following page
https://fred.stlouisfed.org/series/A191RL1Q225SBEA
Pick the dates (the beginning date is going to be 2010-01-01, leave the end date alone).
Click on download button. You will download an excel file. Next, make a chart. Your chart may look like
this. (I took the screenshot of the graph and edited it. You could do the same.)
Next, comes the interpretation part.
Those of you who write this page is expected to follow the news related to GDP developments and write
150-200 words summary of the news you found.
Here are the ideas about what you might find from the news:
-Are there any new data available?
-Is there a major development (Hurricane Harvey etc) ?
-Did policymakers make a decision that can be influential on (current and maybe future) GDP?
Other things you could discuss include housing market developments, auto sales, consumption,
investment, government spending, export and import figures.
(Add a relevant diagram or two here)
You can also discuss other peoples’ opinion, reports written by others by citing them appropriately: Ex:
According to Federal Reserve Bank of Boston’s report on ________, GDP is expected to_____.
Since developments in our major trading partners influence our GDP, you can mention those here as
well. Ex:
According to___, recent slowdown in China’s GDP is expected to influence the US economy is a
following way.
LABOR MARKET DEVELOPMENTS
The unemployment rate is _____________________(Enter the most recent number here)
You need to discuss major developments in employment, unemployment figures here.
Start with a diagram of the unemployment figures. For this, go to the following page
https://fred.stlouisfed.org/series/UNRATE
Pick the dates (the beginning date is going to be 2010-01-01, leave the end date alone).
Click on download button. You will download an excel file. Next, make a chart. Your chart may look like
this. (I took the screenshot of the graph and edited it. You could do the same.)
You can talk about seasonal factors such as holiday season, summer and winter effect here.
(Add a relevant diagram or two here)
You can also discuss other peoples’ opinion, findings found by others by citing them appropriately: Ex:
According to Federal Reserve Bank of Boston’s report on ________, unemployment is expected to_____.
INFLATION DEVELOPMENTS:
The inflation rate is _____________________(Enter the most recent number here)
Start with a diagram of the inflation figures. For this, go to the following page
https://fred.stlouisfed.org/series/CPIAUCSL
Pick the dates (the beginning date is going to be 2010-01-01, leave the end date alone).
Click on to edit graph button and pick percentage change.
Click on download button. You will download an excel file. Next, make a chart. Your chart may look like
this. (I took the screenshot of the graph and edited it. You could do the same.)
Next, comes the interpretation part. Follow the news related to labor market developments and write
summary of the news you found.
Here are the ideas about what you might find from the news:
-Are there any new data available?
-Is there a major development (Rents have been increasing significantly in Florida, this is expected to
have the following impact on inflation ) ?
-Did policymakers make a decision that can be influential on (current and maybe future) on inflation
(Any change in monetary policy is worth mentioning here) ?
Talk about factors that can influence inflation such as oil prices, unexpected increase in demand for
goods and services.
(Add a relevant diagram or two here)
*For comments and feedback please email n.ozdemir@unf.edu

Purchase answer to see full
attachment

error: Content is protected !!