ECO 561 Course Great Wisdom / tutorialrank.com ECO 561 Course Great Wisdom / tutorialrank.com | Page 45

Federal Reserve Bank of St. Louis, Bureau of Economic Analysis,
and the Bureau of Labor Statistics.
Assemble two or three macroeconomic forecasts for each of the
economic indicators that you chose to focus on in your paper. See the
Resources on the Internet posted in the Week 1 Recommended
Activities for sources of economic forecasts. Examples of sources for
economic forecasts include the Congressional Budget Office, the
Federal Reserve Bank of Philadelphia's Livingston Survey, the
Mortgage Banker's Association, and the National Association of
Homebuilders). The annual forecasts should be national and should be
for the next two years.
In a 1,400-2,450-word paper, based on the historical data you have
identified and the forecasts you have selected, evaluate the
relationship among the economic indicators and the success of your
firm. In addition, compare and contrast the economic reasoning that
would support any differences for the respective views prepared by
the forecasters. In addition, explain the any differences among the
selected forecasts. In addition, project the impact of global economic
conditions regarding trade and trade related issues like the
specialization of labor and capital in the production process and
exchange rates. Analyze the implications of these forecasts on three
operations or planning issues that your organization has identified or
should identify for the next two years. Based on your work,
recommend any changes to these operations or planning issues that
would minimize potential risks or maximize opportunities. APA
format is required.
One note; these word count figures are meant to be a guideline, but
feel free to exceed this if you find it is necessary to adequately
provide relevant details and clarify important points.
See my feedback on your Week 2 Learning Team Assignment, and
the Week 4 Assignment for details that will help with this assignment.
See also the Resources on the Internet posted in the Week 1