1. With the explosion of users on social media sites, businesses need to establish their presence on social media sites. Just search for “Vans” or “Starbucks” on Facebook for examples of compa
DEPARTMENT OF ECONOMICS
ECO 314 Dr. Ramesh Mohan
TAKE HOME EXAM 1 (20 POINTS)
Suppose you were working as an investment analyst and were asked to provide a brief professional report on the state of the US economy during the last two years to your client. Make sure you have a COVER PAGE and nicely organized report. Divide into section A, B and Conclusion.
Part A: State of The Economy
With relevant references, data, diagrams, graphs (list references at the end of the paper – take it from original source cited in your classmates presentation & use subsection), discuss critically about (1) inflation, (2) unemployment, (3) housing (4) various business indicators (5) consumer confidence (6) leading economic indicators and/or few other relevant indicators you think pertinent in explaining current economic conditions (2017/18) of the United States. Focus on 2017 and 2018.
Part B: Critical Economic Analysis Section
Indicate in detail World & US economic issues in 2017/2018: protectionist President (Tariff, Nafta etc), stock market upswing, housing market, Chinese currency, Brexit & European instability and recent Federal Reserve, BOE, ECB taper tantrum activities and prediction (Use 7-10 WSJ articles to back your arguments, cite them and provide references).
Conclusion: Based on your indicators summary, provide an economic outlook of the near future for your client to consider some serious investment. Cite few economist’s view from WSJ, Financial Times, CNN Money or NY Times to strengthen your position.
Organize your report with Cover page, subsections and arrange it to look professional. You can compare with past if you wish.
Instruction: To make the report readable
Type using a 12 point standard font, such as Times or Arial.
Text should be single spaced on 8 1/2" x 11" paper with 1 inch margins, single sided
Recommended page limits: Title page, 7-10 pages of content (diagrams, tables embedded), and one additional page of references.
References could be from: FRED, Federal Reserve Bank, BLS, BEA, Wall Street Journal, NY Times, Financial Times, Business Week, Time, The Economist etc. (Do not quote Wikipedia or Investopedia references, they are not legitimate).
Examples:
According to Jones (2014), pig smell depends directly on pig size.
It has been argued that pig smell depends directly on pig size (Jones, 2014)
Jones (2014) maintains that "big pigs smell the worst".
One authority feels that "big pigs smell the worst" (Jones, 2014)
Do not cut and paste from the articles you found. Take the idea and write on your own.
At the end of the paper, alphabetically by last name, put: References
Jones, A. S. (2014) "Pigs and Smells", The Journal of Pig Economics, Vol.12: No.3, 234-245.
Smith, L. and Jones A.S. (2015) “Pigs and Donkeys: An Economic Analysis of Who Smell Too Much”, Prentice-Hall: Englewood Cliffs, NJ.
Staples, P. (2016) “Monkey and Chimpanzee: Who Decide to Change the Interest Rates”, Wall Street Journal, October 13, 2016.
