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ECON545 Week 8 Final Case Study Outline Answers: Regional Macroeconomic Analysis

Final Case Study Outline :  Regional Macroeconomic Analysis

 Week 8 Final Case Study: Regional Macroeconomic Analysis

Sources: Arizona’s Economy (https://www.azeconomy.org)

Arizona’s Economy (https://www.azeconomy.org)

https://www.census.gov/quickfacts/phoenixcityarizona

https://data.worldbank.org/indicator/SL.EMP.TOTL.SP.ZS

https://factfinder.census.gov/faces/nav/jsf/pages/community_facts.xhtml?src=bkmk

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 Roman OR 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.

 Solution

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.

Reference List

Use at least 3 professional sources to support your argument. The references must be in APA format.

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