Regional Macroeconomic Analysis
Sources: Arizona’s Economy (https://www.azeconomy.org)
Macroeconomic Assignment Description
Evaluate at least 5 macroeconomic indicators for the region where your state is located.
Examples of macroeconomic indicators are GDP, Employment Indicators (wages)
Below are the sections that your paper should include.
Writing Style and Page Number Requirements
- Font Type:Times New RomanOR Arial
- Font Size: 12
- Spacing: Double
- Number of Pages: 4 pages
Structure and Requirements
Introduction & Region Evaluation (Region is Phoenix)
Provide an introduction and evaluation of your project including
- An overview of your region, where you will include information such as the region’s population size, GDP size and GDP growth pattern, its unemployment rates, its major industry/s, its main tradable industry/commodity, its government budget size.
- State the 5 indicators that you are going to address and provide status reports of the condition of the indicators you are going to analyze
- State the major challenges facing your region, and state the major strengths that make your region unique
Data and Analysis
Data:Obtain data from at least 2 credible sources to provide facts and statistics about your region’s indicators. The facts should be current and properly cited. Use tables, graphs, and figures to support your argument. Make sure to provide citations for your graphs and tables beneath each graph/table.
Analysis:Taking into account your data, provide a full analysis of your region. You will need to talk about wage macroeconomic indicators that you selected and state whether these indicators are facing challenges or opportunities and state why.
In addition, include in your analysis both the strengths and challenges of your region regarding business, industry, and markets. Basically, what business/industry might thrive/lose in your region and why.
Finally, what do you suggest in terms of Economic Policy to assist your region and why? What outcomes are you anticipating from your solution?
Make sure you justify and defend your position based on economic facts, laws, theories, and principles.
Use at least 3 professional sources to support your argument. The references must be in APA format.