effectiveness of the counter cyclical policies 27

DIRECTION FOR WEEK 5 POWERPOINT..

Your role suggests retention as economist, market strategist, consultant or other smart person for big money. Follow the scope, watch passive voice, and title and source charts. Use bullet points on slides

Create a minimum 12-slide PowerPoint presentation, including detailed speaker notes in tabbed bullet points in which you analyze your choice of one the following markets or industries:

PICK A SECTOR/INDUSTRY TO REVIEW…ALL THE WAY BACK TO 2007

Your consideration of the last RECESSION will help in the analysis of the current smackdown recession caused by government quarantine, a very unusual reason for recession. Your comments will include guesses, assumptions, and intuition. Limits to analysis not wrong if stated upfront. So just think about all of this. Nobody, even the smart ones do not really know.

• The housing market

• Financial markets

• Commodity and stock markets

• An industry of your choice, such as the automobile industry, the airline industry, retail trade, or any other major industry that suffered heavy losses during the Great Recession

Your analysis will extend from the beginning of the Great Recession, which was December 2007, to the present and should include the following:

•

• DATA COLLECTION (four-eight slides)

•

This section includes data from FRED, Collect the data first using FRED download (or others listed in scope) using POWERPOINT. Paste these into your POWERPOINT presentation…and write though the slides, explaining them to 14-15 year old. And Mr/Ms BIGDEAL.

• An Excel workbook with the following datasets:

• One dataset related to the U.S. housing industry such as housing starts, the FHFA housing price index, or another dataset of your choice related to the housing market.

• One dataset related to personal or household income or to personal or household saving.

• One dataset related to the labor market such as the unemployment rate, initial claims for unemployment insurance, or another dataset of your choice related to the U.S. labor force.

• One dataset related to production and business activity within the market or industry you choose to analyze.

• Find your datasets by using different internet data sources, including, but not limited to, the Federal Reserve Bank of St. Louis’s FRED site, U.S. Dept. of Commerce’s Bureau of Economic Analysis (BEA), U.S. Dept. of Labor’s Bureau of Labor Statistics, U.S. Census Bureau, and The Organization for Economic Co-operation and Development (OECD). Using data results analyze the economic and sociological forces that drove the market equilibrium to unsustainable heights, commonly referred to as “bubbles,” and the shocks that brought the markets back down.

FINDINGS AND ANALYSIS (four slides at least)

•

• Discuss specific changes in supply and demandwithin the markets and/or industries you chose to analyze.

o Your findings (what the charts tell you) and your opinions as to resulting market changes. One paragraph per finding which will include your opinion/forecast as the last sentence.

o

• Determine whether specialization of industry had any influence on the impact of the recession.

o Your findings and conclusions (what the audience should take from the work), Again offer your opinion…which will not be wrong…Brainstorming and guesses form much of this narrative.

• Examine prior government policies and legislationthat might have exacerbated the impact of the shocks. Also, discuss government actions/regulations that might be undertaken, and/or have been undertaken, to moderate the effects of extreme economic fluctuations.

This section derived from real-time news about government interventions

• Evaluate the actions of the federal government (fiscal policy) and the Federal Reserve (monetary policy) to restore the economy and foster economic growth. Base your evaluation on information available at Internet sources such as, but not limited to, the Fed’s The Economy Crisis and Response website as well as other appropriate sources found on the Internet and in the University Library. Be sure you address the effectiveness of those counter-cyclical policies.

This section represents the “pull quote” for your analysis, and the “money” language that will get you paid and referred as aconsultant.

WRAP UP AND FINAL THOUGHTS (one slide)

Final thoughts, appreciations for the job, questions and suggestions for further research (stretch out the gig)

Format the assignment according to APA guidelines.