Economics Assignment 1 & 2

JWI 515: Managerial Economics Course Guide

© Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University. JWI 515 – Assignment 1 (1198) Page 1 of 4

Assignment 1: GUIDES Worksheet (Weight: 10%) Due by Sunday, Midnight of Week 3

Overview

In Assignment 1, you will learn how to collect economic data, using Economic Indicators that are readily available to consumers online. Economic Indicators are key statistics or metrics used to study the status of the overall economy, industry segments, and specific companies. To help you learn how Economic Indicators work, JWMI has created a GUIDES Worksheet, which will take you step by step through the process of collecting the data needed for both Assignment 1 and Assignment 2. You will use the Worksheet provided in your course to research key economic information about TWO countries: a target country that you select and your home country. The target country is a potential overseas location for your current company (or a company of interest) to expand its business, either by increasing an existing division located there or by entering a new market. For most students, your home country is the United States, but for international students, it is your country of residence. Exceptions are possible if you have a unique situation – contact your Professor.

Use your current company and its industry for context. If your company is not currently operating globally, imagine that it is considering entry into one of the markets below. It is your task to assess the economic conditions in relation to your company’s unique profile and needs, so as to assess whether expansion into the potential overseas market makes sense for your business.

Choose ONE of the following countries as the target country for this assignment:

• Bahrain • Canada • Chile • Ethiopia • Germany • Hungary • Ireland • Japan

• Mexico • Russia • South Africa • South Korea • Thailand • Turkey • United Kingdom

JWI 515: Managerial Economics Course Guide

© Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University. JWI 515 – Assignment 1 (1198) Page 2 of 4

Instructions Download and save your GUIDES Worksheet in Week 1. Complete the entries in the GUIDES Worksheet during Weeks 2 and 3. All the required data can be found on the Trading Economics or Doing Business websites (links below).

§ Access the Trading Economics website at http://www.tradingeconomics.com § Access the Doing Business website at http://www.doingbusiness.org

TIP: To locate Economic Indicators not found on the Trading Economics website main landing page, click the INDICATORS drop-down menu at the top of the page, to see the full list of available Indicators. Week 1: Download and save your GUIDES Worksheet:

§ Review the instructions for Assignment 1 § Download and save your GUIDES Worksheet as an MS Word document § Use this format for your filename: LastName_FirstName_JWI515_GUIDES_Worksheet.docx

e.g. Doe_John_JWI515_ GUIDES_Worksheet.docx Week 2: Complete the following sections of the GUIDES Worksheet:

o Section G (GDP & Growth) o Section U (Unemployment & Utilization) o Section I (Inflation & Interest rates)

Week 3: Complete the following sections of the GUIDES Worksheet:

o Section D (Debt & Deficits) o Section E (External balances & Exchange rates) o Section S (Savings & Investment)

Submit your completed GUIDES Worksheet document (All Sections – G, U, I, D, E, and S) in Week 3.

JWI 515: Managerial Economics Course Guide

© Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University. JWI 515 – Assignment 1 (1198) Page 3 of 4

RUBRIC: Assignment 1: GUIDES Worksheet

CRITERIA

Unsatisfactory

Low Pass

Pass

High Pass

Honors

1. Complete the GUIDES Worksheet: Section G

Weight: 15%

Section G is not submitted or the data does not reflect accurate information. The student demonstrates no understanding as to whether or not the Indicators are representative of Economic health.

Section G is partially complete and/or the information is not always accurate. The student demonstrates minimal understanding as to whether or not the Indicators are representative of Economic health.

Section G is satisfactorily complete. The information is mostly accurate. The trend description is mostly adequate. The student can identify in a majority of cases whether or not the Indicators are representative of Economic health.

Section G is complete. The information is accurate. The trend descriptions contain mostly relevant, helpful information. The student is mostly able to accurately determine whether or not the Indicators are representative of Economic health.

Section G is exemplarily completed. The information is accurate, complete, and provides concise details that accurately describe the economic trends. The student is always - or almost always - able to accurately determine whether or not the Indicators are representative of Economic health.

2. Complete the GUIDES Worksheet: Section U

Weight: 15%

Section U is not submitted or the data does not reflect accurate information. The student demonstrates no understanding as to whether or not the Indicators are representative of Economic health

Section U is partially complete and/or the information is not always accurate. The student demonstrates minimal understanding as to whether or not the Indicators are representative of Economic health

Section U is satisfactorily complete. The information is mostly accurate. The trend description is mostly adequate. The student can identify in a majority of cases whether or not the Indicators are representative of Economic health.

Section U is complete. The information is accurate. The trend descriptions contain mostly relevant, helpful information. The student is mostly able to accurately determine whether or not the Indicators are representative of Economic health

Section U is exemplarily completed. The information is accurate, complete, and provides concise details that accurately describe the economic trends. The student is always - or almost always - able to accurately determine whether or not the Indicators are representative of Economic health

3. Complete the GUIDES Worksheet: Section I

Weight: 15%

Section I is not submitted or the data does not reflect accurate information. The student demonstrates no understanding as to whether or not the Indicators are representative of Economic health.

Section I is partially complete and/or the information is not always accurate. The student demonstrates minimal understanding as to whether or not the Indicators are representative of Economic health.

Section I is satisfactorily complete. The information is mostly accurate. The trend description is mostly adequate. The student can identify in a majority of cases whether or not the Indicators are representative of Economic health.

Section I is complete. The information is accurate. The trend descriptions contain mostly relevant, helpful information. The student is mostly able to accurately determine whether or not the Indicators are representative of Economic health.

Section I is exemplarily completed. The information is accurate, complete, and provides concise details that accurately describe the economic trends. The student is almost always able to accurately determine whether or not the Indicators are representative of Economic health.

JWI 515: Managerial Economics Course Guide

© Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University. JWI 515 – Assignment 1 (1198) Page 4 of 4

CRITERIA

Unsatisfactory

Low Pass

Pass

High Pass

Honors

4. Complete the GUIDES Worksheet: Section D

Weight: 20%

Section D is not submitted or the data does not reflect accurate information. The student demonstrates no understanding as to whether or not the Indicators are representative of Economic health.

Section D is partially complete and/or the information is not always accurate. The student demonstrates minimal understanding as to whether or not the Indicators are representative of Economic health.

Section D is satisfactorily complete. The information is mostly accurate. The trend description is mostly adequate. The student can identify in a majority of cases whether or not the Indicators are representative of Economic health.

Section D is complete. The information is accurate. The trend descriptions contain mostly relevant, helpful information. The student is mostly able to accurately determine whether or not the Indicators are representative of Economic health.

Section D is exemplarily completed. The information is accurate, complete, and provides concise details that accurately describe the economic trends. The student is always - or almost always - able to accurately determine whether or not the Indicators are representative of Economic health.

5. Complete the GUIDES Worksheet: Section E

Weight: 20%

Section E is not submitted or the data does not reflect accurate information. The student demonstrates no understanding as to whether or not the Indicators are representative of Economic health.

Section E is partially complete and/or the information is not always accurate. The student demonstrates minimal understanding as to whether or not the Indicators are representative of Economic health.

Section E is satisfactorily complete. The information is mostly accurate. The trend description is mostly adequate. The student can identify in a majority of cases whether or not the Indicators are representative of Economic health.

Section E is complete. The information is accurate. The trend descriptions contain mostly relevant, helpful information. The student is mostly able to accurately determine whether or not the Indicators are representative of Economic health.

Section E is exemplarily completed. The information is accurate, complete, and provides concise details that accurately describe the economic trends. The student is always - or almost always - able to accurately determine whether or not the Indicators are representative of Economic health.

6. Complete the GUIDES Worksheet: Section S

Weight: 15%

Section S is not submitted or the data does not reflect accurate information. The student demonstrates no understanding as to whether or not the Indicators are representative of Economic health.

Section S is partially complete and/or the information is not always accurate. The student demonstrates minimal understanding as to whether or not the Indicators are representative of Economic health.

Section S is satisfactorily complete. The information is mostly accurate. The trend description is mostly adequate. The student can identify in a majority of cases whether or not the Indicators are representative of Economic health.

Section S is complete. The information is accurate. The trend descriptions contain mostly relevant, helpful information. The student is mostly able to accurately determine whether or not the Indicators are representative of Economic health.

Section S is exemplarily completed. The information is accurate, complete, and provides concise details that accurately describe the economic trends. The student is always - or almost always - able to accurately determine whether or not the Indicators are representative of Economic health.