Finding Current News Articles Related To The Economy Of Your
Finding Current News Articles Related to the Economy of Your Selected Country
This week, your project involves finding at least two recent news articles—no older than three months—that are related to the economy of your chosen country. These articles must come from reputable news sources such as newspapers, magazines, or television station websites (e.g., CNN, BBC, Reuters, NY Times) and should not be from blogs, dictionaries, encyclopedias, or data sites like Wikipedia.
Once you identify your articles, you need to explain how they are consistent with your own findings about the country's economy. You should relate the articles to economic concepts discussed in class, such as GDP, inflation, unemployment, government monetary policies (money supply, exchange rates), fiscal policies (taxes, government spending), international trade (trade balances, exchange rates), production, or overall economic growth. Your report must be written in paragraph form, structured as a formal report rather than a Q&A. It should contain multiple paragraphs, totaling between 250 and 350 words, reflecting a comprehensive analysis. Shorter submissions will be penalized, while longer ones are acceptable if they add meaningful insight.
In your report, cite all information used from your articles and sources using APA format both within the text and in a references section at the end. Remember to paraphrase rather than copy-paste; quotes should be used sparingly and only for specific facts or numbers. The report must be written entirely in your own words, demonstrating understanding of the material. When including links to your articles, make sure they are clickable and include the full URL for easy access.
Your submission should be in a report format, with clear paragraphs, proper citations, and a coherent flow. Do not attach your report; type it directly into the submission box on the assignment platform. Include a word count at the bottom of your report to verify length.
Please note: once a country is chosen, you cannot select the same country as a classmate. Plagiarism will result in a zero, so ensure the work is original and properly cited. If you have any questions, contact the instructor for clarification.
Paper For Above instruction
The recent economic developments in [Country Name], as reported in two current news articles, reflect significant trends aligning with the foundational concepts discussed in class. The first article, published by [Source], details a notable increase in inflation rates over the past three months. According to the report, consumer prices have risen by approximately [X]% since [date], primarily driven by rising food and energy costs. This trend correlates with the country's recent monetary policy adjustments, where the central bank increased the money supply to stimulate economic activity during the pandemic recovery phase. However, such measures have inadvertently contributed to inflation, consistent with our understanding of money supply inflationary pressures (Mankiw, 2021).
The second article, from [Source], discusses the country's declining unemployment rates, now at [X]%—a decrease from previous months. The report attributes this recovery to government efforts to boost employment through expanded infrastructure spending and targeted fiscal stimuli. This aligns with our course discussions on fiscal policy impacts, where increased government spending can stimulate production and economic growth (Blanchard, 2017). Nevertheless, the article also notes concerns about emerging trade deficits, as imports have surged faster than exports. The trade imbalance, exacerbated by fluctuating exchange rates, also reflects the interconnectedness of international trade and currency valuation, concepts we covered in class (Krugman et al., 2018).
Overall, these articles demonstrate real-time applications of economic principles. The inflation increase mirrors monetary policy's unintended consequences, while the decrease in unemployment highlights fiscal policy's role in economic recovery. The trade deficit underscores the importance of exchange rates and international trade dynamics in understanding overall economic health. These recent reports resonate with the theoretical frameworks and empirical evidence we explored, providing a comprehensive view of [Country]'s current economic situation.
This analysis underscores how current news can illustrate textbook concepts, emphasizing the importance of monitoring real-world data to understand economic phenomena better. The articles serve as practical examples of the broad implications of monetary and fiscal policies, international trade, and overall economic growth within a specific national context.
References
- Blanchard, O. (2017). Macroeconomics (7th ed.). Pearson.
- Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2018). International Economics (10th ed.). Pearson.
- Mankiw, N. G. (2021). Principles of Economics (9th ed.). Cengage Learning.
- [Author]. (Year). [Title of the article]. [Source]. [URL]
- [Additional references corresponding to the articles used]