Nobody downloaded yet

Economic Indicators Paper - Essay Example

Comments (0) Cite this document
A typical business cycle contains fluctuations and incorporates booms (rapid expansions) and recessions (period of stagnation or a…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.5% of users find it useful
Economic Indicators Paper
Read TextPreview

Extract of sample "Economic Indicators Paper"

Download file to see previous pages forms at a level below full employment then monetary and fiscal policy renders a positive impact by increasing employment rather than simply causing inflation or directing the resources towards inefficient use in order to create jobs. Th paper studies the automobile industry with the help of the six economic indicators – real GDP, Unemployment rate, Inflation rate measured by the Consumer Price Index (CPI), Auto Sales, Foreign Exchange Rate and Oil and Fuel Prices. The study focusses essentially on the inflation rate which in turn affects the other indicators as well as the industry and a whole.
Real GDP: This is the measure of the total output produced during a specific time period within a certain territory. This is measured at constant prices in order to adjust for the inflation rate. This helps in estimaitng the size of the economy with ajdustment in prices and inflation rates.
Unemployment rate: We consider the status of unemployment for a particular individual when he or she is eager to work but is without work. The percentage of the potential labor force who are unemployment is estimated as the unemployment rate. Unemployment is often related to the recessionary phase of an economy or a business cycle. As production falls during recession, in order to cut he cost, labour is retrenched and a sudden unemployment might arise.
Inflation rate: This refers to the rate of increase in a certain price index. Usually Consumer Price Index is used to reflect inflation. This is defined as the percentage change in price. level over a certain time period. Conversely, inflation rate is also the decrease in purchasing power of money. With increase in prices purchasing power falls, money supply in the economy rises while the supply or production falls.
The automobile industry played an important role in the 1920s when the US economy grew at an accelerated rate creating more and more jobs and income. In the late 1980s, with the increase in competition with the foreign ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Economic Indicators Paper Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Economic Indicators Paper Essay Example | Topics and Well Written Essays - 1250 words. Retrieved from
(Economic Indicators Paper Essay Example | Topics and Well Written Essays - 1250 Words)
Economic Indicators Paper Essay Example | Topics and Well Written Essays - 1250 Words.
“Economic Indicators Paper Essay Example | Topics and Well Written Essays - 1250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economic Indicators Paper

Indicators of health paper

...?Health Indicators and Health Determinants of Haiti Introduction Haiti is a Carribean country that occupies the Western portion of the Hispaniola island. It is an under-developed country. Though it is the first independent nation of Latin America, it is the poorest country of the Americas (World Fact Book, 2010). The country is struck with several factors which have hampered its development, some of which are political violence and earthquake. Other factors include epidemic of cholera and flood events. Due to these and several other reasons, health of the population of Haiti has suffered a lot. An analysis of certain indicators of health and evaluation of the determinants of health is done in this essay...
4 Pages(1000 words)Coursework

UK Economic Indicators

...?Introduction This article focuses on the use of various macroeconomic indicators. Macroeconomic indicators are statistical indicators of the economyof any country that reflect the different economic sectors of the state (the labor market, real estate, industrial and trade sectors, etc.). Stock market traders are actually using fundamental analysis for the trade; keeping track of the values of key macroeconomic indicators. It is quite easy, as they are published in the strict time limit and they are actively discussing the situation at market. Typically, macroeconomic indicators are divided into several types according to their...
16 Pages(4000 words)Assignment

Economic Indicators

...? Economic Indicators Discussion Emphasising on the macro-economic indicators of Australia, the discussion henceforth analyses the long term statistical data of the pure alcohol available for consumption from alcoholic beverages and the per-capita consumption of such commodities. The graphical indicators of the trend have been presented below: Figure 1: Apparent Consumption of Pure Alcohol (Australian Bureau of Statistics, 2012) The trend depicted above states that the portion of pure alcohol available for the consumption in the form of beer has decreased almost by 50%, i.e. from 76% in 1961 to 42% in 2011. On the contrary, the consumption of pure alcohol...
3 Pages(750 words)Assignment

Economic Indicators

...? Economic Indicators Economic Indicators The economic indicators allow for analysis of economic performance as well as predictions of future performance. The economic indicators includes indices like unemployment rate, gross domestic product, consumer price index, prices in the stock market and changes in the money supply (Moreland, 2013).. Economic indicators are useful only when the researcher has the idea to interpret. There has been strong correlation between economic growth and profits of organizations. Data on...
3 Pages(750 words)Essay

Gulf Cooperation Council (GCC'S). Economic Indicators

...Introduction The aim of this study is to provide an up d overview regarding the Gulf Cooperation Council (GCC). In order to do so, variety of economic indicators were taken into consideration to provide significant insights for the past 10 years until 2012. The factors that are taken into consideration in this study include GDP Growth rate, inflation rate, fiscal position of the GCC along with the money supply and external accounts. 2. Gulf Cooperation Council The term GCC stands for Gulf Cooperation Council, which was founded on 26th May, 1981. The aim of this council was to promote coordination and cooperation among the member countries in all aspects of life to enhance harmony and unity. The countries...
7 Pages(1750 words)Article

ECONOMIC INDICATORS think structural unemployment delays economic recovery more than does cyclical unemployment? It is important to understand what unemployment imply to economic recovery. Any drop in unemployment is considered as a sign of economic recovery (Krasnopjorovs, 2011). It is also argued that unemployment rate is the lagging economic indicator which means reduction in unemployment rate has a tendency to delay behind the recession and cause economic growth and recovery to delay. In contrast to historical recessions, in recent recessions unemployment has dawdled longer because of changing nature of unemployment from cyclical to structural...
4 Pages(1000 words)Essay


...?Economic Indicators Labor is an important factor of production for all firms. The most recent unemployment rate is estimated at 7.7% (February 2013). Economists have identified three types of unemployment. Which type would affect your firm. Explain. According to Economists, there are three types of unemployment prevailing in the US. They are structural unemployment, frictional unemployment and cyclical or seasonal unemployment. Structural unemployment arises out of the change in demand of technology and taste in the industry. For instance, the typewriter industry has no demand now because of the emergence of computers. Frictional unemployment takes place when workers change or switch between different...
4 Pages(1000 words)Essay

Quality Indicators Paper

...Quality Indicators Paper – Mayo Clinic Background Mayo Clinic functions as a not-for-profit group practice. Mayo Clinic also happens to be the firstand largest of such not-for-profit group practice in the world. Specialists from the various branches of medicine come together at Mayo Clinic to care for patients bound together by common systems and the philosophy at Mayo Clinic of “the needs of the patient come first”. To meet the needs of the services that Mayo Clinic offers, it’s staff strength consists of more than 3,300 physicians, scientists and researchers, complemented with an additional 46,000 other allied health professionals and staff. It provides it services to patients from its three locations at Rochester, Minnesota... ). The...
4 Pages(1000 words)Essay

Economic Indicators

...Economic IndicatorsEconomic Indicators illustrate how sound the economy is working at present and how well it is going to perform in the future. These indicators influence the investor’s predictions about the future of the economy. The investors use the available information to make decisions and forecasts. The economic Indicators have different relations with the Economic Business Cycle. They are either Pro cyclic, Counter cyclic or Acyclic in nature. A pro cyclic economic indicator shifts in the same direction as the current market situation. Hence, if the financial...
4 Pages(1000 words)Essay


...but would help reduce the high unemployment rate. The following is data gathered on four economic indicators and plotted on graphs and charts; Real GDP in tonnes MAR 11 JUNE 11 SEP 11 DEC 11 MAR 12 JUNE 12 SEP 12 DEC 12 MAR 13 JUNE 13 SEP 13 14.89T 15.01T 15.06T 15.24T 15.38T 15.43T 15.53T 15.54T 15.58T 15.68T 15.82T (BEA) The gross domestic product is defined as the output of the final goods and services that are produced by a country. The GDP is calculated as Personal Consumption Expenditure plus Investment plus Government Expenditure plus (Exports minus Imports) The advantage of using real GDP is that it is dynamic because it changes with the constantly new figures. It is the best...
5 Pages(1250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Economic Indicators Paper for FREE!

Contact Us