In this assignment, you will be asked to apply your knowledge of Real Gross Domestic Product (Real GDP) and its component parts to perform a cross-country comparison using time-series data. This assignment is used to assess the following Program-Level Learning Objectives (PLLOs) in the Bachelor of Science in Business Administration program:
LO1: Demonstrate proficiency in all functional business areas (macroeconomics)
LO2: Demonstrate appropriate information technology and information literacy skills
LO6: Communicate business findings and solutions through effective writing, oral presentations, and graphical illustrations.
LO8: Evaluate socio-cultural and international diversity variables in business decisions
Your final paper will have two parts:
Part 1: Data Visualization
In this section, you are to research, compile, and display Real GDP and its primary components (Consumption, Investment, Government Spending, and Net Exports) from the United States and two comparison countries of your choice. When choosing your countries, you are to choose one country from Europe and one country from outside of Europe. Collect the data for the post-WWII era (1945-current). Compile the data in an MS Excel Spreadsheet. Use MS Excel to create four time-series graphs: one graph for each country that illustrates the path of GDP and its components over time, and a fourth time-series graph that illustrates the time path of Real GDP for all three countries (on a single set of axes). A Microsoft Excel tutorial will be provided. Please review the tutorial before starting the assignment.
Suggested search terms to aide in finding the data you need: St. Louis Federal Reserve FRED Economic Data (US data primarily), Organization of Economic Cooperation and Development (OECD), International Monetary Fund (IMF), World Bank.
Part 2: Analysis
In this section, you are to analyze the data you have collected in Part 1. Specifically, you should compare and contrast the time-series data from the three countries. You should strive to use a combination of economic theory and historical events (broad, general history, extensive research not expected) to explain why the variables rise and fall the way they do. Why do the variables behave similarly or differently in the different countries? Be sure to include a discussion of the differences between the short-run and long-run behavior of the variables. You may find that additional research is be needed to shed light upon the driving forces in the economies you have chosen. You should strive to write the analysis in such a way that someone with limited knowledge of economics can understand it. A basic tutorial on conducting research in the university library will be provided. Please consult the tutorial before beginning the assignment.
Please carefully follow the following instructions when submitting your paper:
The paper must be in Word (.doc or docx) or .pdf form
Note: your paper must include the time-series graphs that you created in Excel (but not all of the data)
Turn in your Excel spreadsheet with the raw data separately
The paper must be presented in a standard 10- to 12-point font, with 1-inch margins, and include APA format citations to any references used
The paper must include a title page that displaying your name, email address, CWID number, your major(s) (and concentration, if applicable) and your minor(s) (if applicable)
The paper must be submitted in the correct D2L Assignments/Dropbox folder by the indicated due date.
The paper should be written in an appropriate academic/professional style. You are encouraged to utilize the university’s Writing Center for assistance with style, grammar and citations. You are also encouraged to consult a research librarian to assist with your research. Late papers will be assessed a 10% penalty per day (or partial day) past the due date.
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.