Economic Indicator

Students will select two economic indicator (such as unemployment and crime) of their own choice and using the scientific approach form a hypothesis, test the information stated in the hypothesis, accept, reject, or modify the hypothesis, and come to some conclusion on the hypothesis. The purpose is to prepare a five page, typewritten, double-spaced informational paper. The paper will outline and cover information found in the textbook. Reports must contain a minimum of TWO charts, graphs, and other information to help the student have the instructor understand the summary Summary of main topics covered in the course Factors of Production Capitalism, Socialism Prices Laws of Supply and Demand Equilibrium GDP Unemployment, Inflation, Business Cycle Aggregate Supply and Aggregate Demand Analysis Income-Expenditure Model Keynes Economics                  Monetary and Fiscal Policy