Inflation and Analyses of Monetary Policies
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GradingGuidelineWeek4.doc|
Inflation and Analyses of Monetary Policies Grading Guide ECO/561 Version 12 |
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ECO/561 Week 4 Assignment Rubric
Individual Assignment: Inflation and Analyses of Monetary Policies
Purpose of Assignment
This assignment will introduce students to the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) data and provide students with the skills to calculate inflation and interpret the Consumer Price Index (CPI). Note: The BLS is the primary source of information on inflation, but their data is re-posted in other sources, such as the St. Louis Federal Reserve FRED site, among others.
Resources Required
Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.
Grading Guide
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Content |
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Comments: |
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Chose a product or service student currently consumes/uses, such as apparel or educational services, that is included in the CPI’s “market basket.” Found the annual CPI index numbers for student’s chosen good or service for the years 1995, 2005, 2010, and 2015. 20 points Entered those index numbers in an Excel® file and calculated the percent change (inflation rates) in those index numbers from 1995 to 2005, from 1995 to 2010, and from 1995 to 2015. 20 points |
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Analyzed the trends in overall inflation over the last five years and whether student’s income has kept pace with inflation. Answered the following question: · How has inflation over the last five years affected you and/or your family? 20 points |
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Discussed how a business manager, such as a human resources manager, might use CPI statistics. 20 points |
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The analysis is a minimum of 700 words in length. 5 points |
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Total Available |
Total Earned |
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85 |
#/85 |
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Writing Guidelines |
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Partially Met |
Not Met |
Comments: |
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The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. 10 points |
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Intellectual property is recognized with in-text citations and a reference page. 10 points |
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Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. 5 points |
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Sentences are complete, clear, and concise. 5 points |
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Rules of grammar and usage are followed including spelling and punctuation. 5 points |
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Total Available |
Total Earned |
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35 |
#/35 |
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Assignment Total |
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120 |
#/120 |
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Additional comments:
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