Current Events must be based on the economic topics discussed within the Module

Current EventsThe Current Events must be based on the economic topics discussed within the Module. See the rubric for specific points and requirements. Your Current Event should include 5 terms from the module glossaries. Terms should be used accurately within the text of your paper. To receive full points, terms must be highlighted, used appropriately within the narrative, and not provided in a list of terms simply to get them in the paper.The Current Event should follow an APA format and include the following headings:IntroductionoIntroduce the article name and economic topic. (2–4 sentences)Summary of ArticleoSummarize the article. Include APA in text citations. (2 paragraphs)Discussion oWhat do you think? Give your opinion about how you believe this topic will affect you or the economy. (2 paragraphs)Graphical Analysis (Image and 1 paragraph)oMust include an approved economic model having the correct labels.oWhen applicable, the model must show the change implied by the article summary. o(Note: trend lines or graphs from the internet will not meet the requirement for this part of the paper)oGive a clear concise and accurate description of the change that occurs on the model. Discuss the concepts that define the model if a change is not applicable.ConsequencesoDiscuss the consequences that might occur that are in opposition to the authors ideas or to your interpretation. What factors might cause a different outcome? Are there groups of people who might be hurt or helped not indicated in your previous discussion? (1 paragraph)Recommended length: 1-2 pages.Each current event MUST cover the correct material and be submitted to the correct link for grading. These act as your ‘tests’ over the material. Each Current Event must include a model discussed in class. Do NOT use trend lines from articles or the Internet. They will not count toward the model and analysis section.Internet search tips: The following tips may help you in your search for relevant news events. In addition, see the chart below for more specific tips for finding specific topic news events.Go to the home page of reputable news sources. These could include the New York Times, The Economist, The LA Times, USA Today, The Week, The Washington Post, Forbes Magazine, Wall Street Journal, Huffington Post, and BBC News.

Look at the headlines. Do any of them apply to one of the concepts discussed in class? For instance, a headline about California drought could relate to the supply of wine if the drought is in an area where grapes are grown.Seek information about a specific topic. Type in your topic and select “NEWS” below the search bar to narrow your search. For instance: Type in the topic “economic growth”, then select NEWS. You will get the latest headlines about GDP and/or economic growth.Suggestions for key search terms are provided in the table below. Chapters Models Topic and Search TipsCE11, 2, 3Current Event 1: Goods and Services: Production Possibilities, Supply and Demand (Ch. 1-3)Look for articles about what is happening in the market for a specific good or service; like coffee or gas.CE26, 7Current Event 2: Economic indicators: Growth equations, Business Cycle, Unemployment, Physical Capital Curve (Ch. 6, 7)Look for articles about the growth rate of different countries, where the economy is in the business cycle; or what is happening to private investment.CE34, 8Current Event 3: Labor Markets: Supply and Demand in the Labor Markets, Sticky Wages in the Labor Markets (Ch. 4, 8)Look for articles on the unemployment rate, wage rates, or other labor market indicators.CE411, 12, 13Current Event 4 on Fiscal Policy: Aggregate Demand/supply Aggregate Expenditure (Ch. 11,12,13)Look for articles about current fiscal policy debates and possible effects on the economy.CE514, 15Current Event 5 on Monetary Policy: The Effect of Monetary Policy on Interest Rates, Expansionary or Contractionary Monetary Policy (Ch. 14-15)Look for articles about Federal Reserve, monetary policy, banking policy or regulationCE616, 20Current Event 6 on Trade: Domestic Market, Exchange Rates (Ch. 16, 20)Look for articles about international trade or exchange rates

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