Assignment Instructions/ Description
Milestone One: Macroeconomic Data ReportIn Module Two, you will submit the first three sections of your final project as outlined in Section I, parts a), b), and c).1) Choose a 10-year period in the history of the U.S. between 1950 and today. All responses will be related to that timeframe.b) Gross Domestic Product (GDP) and Growthi. Analyze the annual GDP to calculate specific growth rates and trends in the U.S. economy.ii. Choose two or three of the most relevant events from this time period that impacted the U.S. economy. Apply specific modelsdeveloped throughout the course to demonstrate how these events influenced national output during this time period.c) Unemployment and Inflationi. Analyze unemployment and inflation data as to their relation to output and growth, using macroeconomic principles and models toexplain their effect.ii. Apply specific models developed throughout the course to demonstrate how the previously selected events influenced bothunemployment and inflation during this time period.d) Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. How would these fluctuationsaffect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected?2) Present your research with 4–6 slides in PowerPoint, Prezi, Keynotes, or PreZentit, not including title page and references. Be sure to include speakernotes to accompany all of your responses.3) Apply APA formatting to citations and references.This milestone will be graded with the Milestone One Rubric.
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