Econ Project

Econ Project Order Description This is a part of my Econ class final paper, we work in groups so each of us is responsable for a part of the whole paper. We have to put our work together when we finished our own parts. I'll upload the requirement of the whole paper, but you just need to write about question #(8), which is" You will also gather other information about the state (Montana), including information on its population, land area (size), etc. You will also want to learn history of your state and its economy since World War II.You may want to think about things like cultural and natural amenities, when the state was settled.( The state we picked is Montana)". Regional Paper To bring together the concepts of the class you will work together in groups and produce a final paper. Have some fun! This is what this course is all about! Here’s how it will work: 1) You will work in assigned teams of 3 to 4 peopl e . Your team will be assigned a number, such as Team 1, Team 2, etc.. 2) Y ou will choose one U.S. state to examine. You may not choose California, Texas, Alaska, or Hawaii; the District of Columbia is not a state. Only one group may choose each state . Whoever picks it first gets it. Send me an email with your choice. 3) You must get your choice of state approved b y no later than Wednesday, November 19 th . (Note: I will be out of town from November 11 th until November 17 th ). Part of your grade depends on completing this on time. It is also in your interest t o talk to me if you have questions about your ch oice. 4) You will use the Location Quotient tool on the Bureau of Labor Statistics (BLS) website to generate Location Quotients for your state (in 2 013). http://data.bls.gov/location_quotient/ControllerServlet 5) You will also use a simple national input - output table derived from data from the Bureau of Economic Analysis (BEA) and adjust it using your Location Quotients. I will provide the base table that you can adjust. We will walk through an example of this in class together. 6) Y ou will use the final multiplier table (discussed in part 5) to generate data on what would happen if there was an increase in demand for an output in one of the exporting (LQ>1) industries in your state . Choose an industry and see what happens. Use your research about your state to figure out an industry that makes sense! 7) You are required to include a t able with the results from your multiplier analysis (for output and income) in your paper. Make sure you label this as Table 1. An example will be provided. You might find it useful to include other tables, figures or maps. That is fine. But, they must fit within the page limit. 8) You will also gather other information about the state , including information on its population, land area (size), etc. You will also want to learn history of your state and its economy since World War II. You may want to think about things like cultural and natural amenities, when the state was settled, etc... 9) I suggest you revisit the “sticky states” model to learn more about the migration patterns to and from your state in recent years. 10) You will produce a paper that wil l be no more than 10 pages long (double spaced using a 12 - point font). Assume your paper will be read by federal public policy makers who are trying to learn more about that state and about whether or not to invest in a project that would stimulate the exp ort demand increase you modeled. 11) You will hav e some time to work on this in class , although you should expect to work on this outside of class as well. Hopefully, you can get to a point where it is easy to split up the work. ECON 4 38 Fall 201 4 Department of Economics California State University, Long Beach Page 2 of 2 Technical Details: • The paper is due at 2 p.m. (beginning of class) on Monday, December 8, 2014. You must submit both a hard (printed) copy and an electronic version of your written paper. The electronic version must be uploaded by one person from each team to the “final paper ” dropbox on Beachboard prior to coming to class. When uploading to Beachboard, you must use the team name (so, Team 1 will have “Team 1”) in the name of the file . • The paper should be no more than 10 typed, double - spaced pages, using a 12 - point font . This includes the required table, a cover page, any other figures, and your bibliography. In other words, be thorough but concise! • Your cover page should include a title describing your project, your team name ( so team 1 will list “Team 1” ) and a li st of team members . This page counts toward the 10 - page limit. • The paper should include a meaningful introduction that sets up the structure of the paper and a conclusion that pulls together the paper and summarizes the key findings. • Your paper must also have a body that includes a thorough discussion of your chosen state , the findings from your research and analysis, and how these findings related to what you expected given the models we learned in class. • You must have at least the table discussed above. Other charts, tables, maps or figures are optional. • Any maps, graphs, charts, tables, etc. should be included at the end of the text. Each one must have a title and a number. (e.g. Table 1 – Effects of Increasing Manufactur ing Exports ) They should also be referred to sequentially in the text. Be sure to include keys for maps or charts that require them. • Please number your pages. • You must include citations and, at the end, a list of references. You must cite your sources for everything – including maps and tables. Be thorough and consistent when citing sources. I do not care what citation method you use, but I do care that you use your preferred method correctly. If you have any questions about citations, please ask! Assessment Each team will be evaluated on t he quality of your written summary, including the inclusion of the required elements. Note: This means you will be graded on grammar and writing. Make sure you give your paper a thorough proofreading before you submit. In general, all team members will receive the same grade for the final project . However, I will ask you to evaluate t he effort of your fellow team members at the end of the project, so I suggest you not think you can get away as a free rider! PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)