Global Business Cycle Analysis
Purpose: Increase understanding of economic principles by discovering the business cycle position of a nation by examining the nation’s Real GDP Growth Rate, Unemployment Rate, and Inflation Rate.
In addition to basic economic theory, include three graphs, six statistics (highlighted), ten economic terms (bold font and underlined) and at least two recent news articles to support your findings
Template for Original Post
Introduction
Give a brief introduction to the nation
2 Business Cycle Position (use) the Real GDP Growth Rate
What is the current business cycle position? (recession or recovery)
Look at the historical perspective of business cycle activity. How does the current situation compare?
Include historical Graph and Statistical data
3. Unemployment Rate
What is the current unemployment rate?
What type(s) of unemployment is the economy experiencing now?
Give the historical perspective of unemployment in the nation
Include historical graphs and Statistical data
4. Inflation Rate
What is the current inflation rate?
What type of inflation is the economy experiencing now?
Give the historical perspective of inflation in the nation
Include historical Graph and Statistical data
5. Conclusion
what do you think will happen in the next year?
TWO Cross Posts:
Give your opinion on what will happen to the economy of the nation – provide URL of one article supporting your ideas and use one quote in your cross-post
