econ

Instructions:

3 Pages minimum (not including data spreadsheet)

Data Spreadsheet

Must use citations in MLA Format

You will be looking at states within the United States instead of another country. The purpose of this assignment is to have you gather information on various measures for states in the United States and use this information to arrive at a conclusion about the economic well-being of a state.

Step 1

Choose the following states to work with. They are used as representatives of different regions of the U.S.

California, Minnesota, Texas, Florida, New York, MA

Step 2

Use the resources available at the library or online to get information on the following macroeconomic measures for each of the 6 states for the year 2018. You must collect all the six pieces information indicated below for each state. Make sure the data is in the right units.

i. Real GDP (in US$) since this is for a state it is called Gross State Product

ii. Size of Population (in millions)

iii. Labor Force (in millions)

iv. Per Capita income (in US$)

v. Unemployment rate (percentage)

vi. Consumer Price Index (CPI).

(Good sources for all this information are the US Census Bureau, Bureau of Economic Analysis, Bureau of Labor Statistics, and the Federal Bureau of Investigation. However, you are free to choose any other source as long as you cite the source for all the information collected for your assignment.)

Step 3

Turn in all this data for the project on one page in an Excel spreadsheet by the end of week 8 on Ulearn. It is important you be able to format everything to make it easily presentable and readable to any audience. Feedback will be provided on the data if required and these changes need to be incorporated before you turn it in with the final paper.

Step 4

Write a report that addresses the following topics:

Compare and contrast the 6 states in the pool. Provide an economic argument and rationale for choosing one of the 6 states in your group that you would prefer to live and work in?

Use the data on the above 6 variables collected by you to write a paper on how the 6 states compare to each other and which of these states would you rather live and work in. You are free to use any additional information you want. Include the above Excel data spreadsheet with all the data in your report.

Step 5

Turn in your report on Ulearn (written 3 pages minimum + 1-page data spreadsheet + citations, MLA format) by the end of week 10.

ECON1001 Term Paper Rubric

12 Points
Significant departures from the stated criteria.

16 Points
Minor departures from the stated criteria.

Criteria	Novice	Competent	Proficient
Content and Organization 60%	40 Points Significant departures from the stated criteria.	50 Points Minor departures from the stated criteria.	60 Points All key elements of the assignment are covered in a substantive way. The paper is no more than 4 pages(including title and reference page) Proper use of economic terms Development Content Transitions between paragraphs Proper thesis The content is comprehensive, accurate, and /or persuasive. The paper develops a central theme or idea, directed toward the appropriate audience. The paper links theory to relevant examples of current experience and industry practice and uses the vocabulary of the theory correctly. Major points are stated clearly; are supported by specific details, examples, or analysis; and are organized logically. Minimum of 2 data indicators The introduction provides sufficient background on the topic and previews major points. The conclusion is logical, flows from the body of the paper, and reviews the major points.
Readability and Style 20%		12 Points Significant departures from the stated criteria.		16 Points Minor departures from the stated criteria.	20 Points Paragraph transitions are present and logical and maintain the flow throughout the paper. The tone is appropriate to the content and assignment. Sentences are complete, clear, and concise. Sentences are well-constructed, with consistently strong, varied sentences. Sentence transitions are present and maintain the flow of thought.
Mechanics 20%	20 Points The paper, including the title page, reference page, tables, and appendices, follow appropriate guidelines that are in MLA formatting Citations of original works within the body of the paper follow appropriate guidelines. The paper is laid out with effective use of headings, font styles, and white space. Rules of grammar, usage, and punctuation are followed. Spelling is correct.