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The Economy

Current State of Economy research paper due and don’t know how to start it? How about like this?

This assignment is a mini-research project. You need to answer the question: What is the current state of the economy?

Surf the Web and find web sites on the topics covered in this section of Current State of Economy Research Paper

  1. Inflation
  2. Unemployment
  3. Income distribution
  4. Measurements of the economy's performance (GDP etc.)
  5. Aggregate supply and demand.

Generally the best sources of statistics are government web sites. Summarize what you find in the web sites. You should be searching for both statistics and discussion on these topics. All these topics should be discussed in your essay. Summarize the state of the economy in a brief (1 to 2 page) paper.

Your Current State of Economy Research Paper should answer each of the following questions:

  1. What is the inflation rate? Is inflation a worry or are we in a period of stable prices?
  2. Are demand-pull inflation, cost-push inflation, deflation or stagflation problems? Why or why not?
  3. What is the unemployment rate?
  4. Is it relatively high or low?
  5. Are there statistical problems with the unemployment rate?
  6. What is the current structure of the labor market?
  7. What is the growth rate of GDP?
  8. What are the predictions for the growth rate for the rest of 2007?
  9. What is the income distribution?
  10. How has this changed since 1950?

Be sure to use current information in your assignment. Your inflation and unemployment figures should include data from the last month reported. GDP growth rates are reported on a quarterly basis. Only in the case of income distribution, which does not change as rapidly, are figures over a year old generally the most recent available.

NOTE: The purpose of this written assignment is for each student to look at the current state of the U.S. economy, think about the information found and respond to the questions listed above. Your essay should set forth your thinking in your own words.

In most cases you will not want to use any quotations for this assignment. In general, quotations should be short and used infrequently. They should only be included when:

  1. There is a information that you can not put in your own words concisely.
  2. When you are discussing an issue that is controversial and want to allow advocates of each side to speak for themselves.

Using the words of the textbook or any other source without putting them in quotation marks and properly documenting where the material came from is a breach of academic integrity. It is also unacceptable to use information or ideas of others without acknowledging their source.

Please use the Turabian (The Chicago Manual of Style) form of documentation.

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