Emphasize on the reputation

Here is a rough outlin" rel="nofollow">ine for writin" rel="nofollow">ing your forecast paper: Introduction - A story, a statistic, a quote, or other attention catcher to set the framework for your forecast. Description of the in" rel="nofollow">indicators that you will be usin" rel="nofollow">ing to forecast the economic future. These in" rel="nofollow">indicators could be some of the in" rel="nofollow">indicators discussed at the web site in" rel="nofollow">investopedia: https://www.in" rel="nofollow">investopedia.com/articles/economics/08/leadin" rel="nofollow">ing-economic-in" rel="nofollow">indicators.asp Description of the present state of the economy focusin" rel="nofollow">ing on all the measures of the economy that are important such as GDP, M2, in" rel="nofollow">inflation rates, unemployment rates, growth rates, exchange rates, trade balances, etc. Your forecast for the future usin" rel="nofollow">ing the select in" rel="nofollow">indicators that you have selected to make your forecast. Possible wild card events that could alter the outcome of your forecast. Conclusion - Summin" rel="nofollow">ing up the material covered and brin" rel="nofollow">ingin" rel="nofollow">ing attention to the likely future direction of the economy. Here are some more suggestions that will help you to write your paper. 1. You could start out by usin" rel="nofollow">ing the basic aggregate demand/aggregate supply model as a reference poin" rel="nofollow">int? Where are we presently in" rel="nofollow">in terms of unemployment, price levels, output, etc. How does this differ from the past such as durin" rel="nofollow">ing 2006 and 2008? What are in" rel="nofollow">interest rates now and what have they been and what effect have in" rel="nofollow">interest rates had on the economy? What is the composition of consumption, in" rel="nofollow">investment, government spendin" rel="nofollow">ing, exports, and imports? How have these categories changed sin" rel="nofollow">ince 2006 and 2008 for example? 2. Analyze the past data to see if you see any particular trends in" rel="nofollow">in all the categories under in" rel="nofollow">investigation? How would these trends impact the aggregate demand and aggregate supply models if they contin" rel="nofollow">inued? Are exports in" rel="nofollow">increasin" rel="nofollow">ing? Are imports in" rel="nofollow">increasin" rel="nofollow">ing? How does this impact output? What are the percentages of these changes and how relevant are they for our over all economy? 3. Create three scenarios and look at how these scenarios may impact the course of the economy. What are the probabilities of these scenarios? So if the Fed is not goin" rel="nofollow">ing to raise in" rel="nofollow">interest rates has a 10 percent chance of happenin" rel="nofollow">ing, and they will raise in" rel="nofollow">interest rates by a .25 poin" rel="nofollow">int has 40 percent chance, and they might raise in" rel="nofollow">interest rates by a .50 poin" rel="nofollow">int has a 50 percent probability you multiply the different in" rel="nofollow">interest rates by their probability to come up with what the in" rel="nofollow">interest rate is likely to be. So .25 times .1 = .025 and .50 times .4 = .2 and .75 times .6 = .45 in" rel="nofollow">interest rates in" rel="nofollow">in the future from the three scenarios would be .675 on average. How does a higher in" rel="nofollow">interest rate impact aggregate demand? How does it impact the value of the currency? How does the value of the currency impact the balance of exports and imports? 4. Do of the theories such as Austrian, Classical, Keynesian, Monetarist, etc. impact your in" rel="nofollow">interpretation of the data and the effectiveness of different policy options and scenarios? I wrote this note to one of your classmates who wanted to know about onlin" rel="nofollow">ine resources, paper format, and the use of graphs. I would use the Conference Board, the Bureau of Economic Analysis, the Bureau of Labor Statistics, the Federal Reserve Bank of New York, the National Bureau of Economic Research, the World Bank and the International Monetary Fund as places to look for data. I would also use Busin" rel="nofollow">inessweek Onlin" rel="nofollow">ine, Forbes, the Economist, or some other reputable news resources. You can use any format you prefer, whether it is MLA, Chicago, APA, etc. You certain" rel="nofollow">inly can use graphs and images in" rel="nofollow">in your paper but be sure to describe the important data. Mobile Number: 1-760-443-6355