Can someone please assist in writing this paper, needs to follow strayer writing guides

Assignment 2: Final Report

Due Week 9, worth 175 points

This assignment is aligned to this course outcome:

·

Apply macroeconomic concepts to current and personal economic events and decisions.

In addition to writing about macroeconomic concepts, it’s equally important to be able to convey your understanding of these concepts by communicating them to others. In the workplace you might do this by writing briefs (like you did for Assignment 1), creating presentations, or writing reports for your manager or team. An example final report and optional template are provided below.

For this Final Report assignment, you can build off your previous economic brief and selected industry from Assignment 1, or you can select another industry such as Finance and Insurance, Health Care, or Manufacturing, and examine one of the macroeconomic indicators or policies below:

· GDP growth

· Unemployment rates

· Inflation rates

· Interest rates

· Imports and exports

· Government fiscal policy and issues related to taxation, government spending, and budget deficits

· FED (central bank) monetary policy and issues related to the FED’s mission to stabilize the economy

Example Final Report, Assignment 2 Template, Strayer Writing Standards

1. Review an example final report.

2. Use the 

optional template

 to help you get started.

3. Review the Strayer Writing Standards. (See Instructions below.)

Instructions

Use Microsoft Word to prepare a Final Report that is a minimum of two to three (2-3) pages long in which you:

1. Introduce your selected industry with a brief one-paragraph introduction. Refer to the 

NAICS (North American Industry Classification System)

 to review the details about your industry.

2. Assess your selected industry’s relative size and growth rate in the economy.

These macroeconomic resources will help you find the size and growth rate of your industry in the U.S. economy and/or relative to GDP:

• 

Real GDP

 – Select Section 1, then table 1.1.6 (select MODIFY to change the year range and frequency). Data is from Bureau of Economic Analysis (bea.gov).

• 

% Change in Real GDP

 – Select Section 1, then table 1.1.1 (select MODIFY to change the year range and frequency). Data is from Bureau of Economic Analysis (bea.gov).

• 

GDP by Industry

 – Steps:

1. Select “Interactive Data.”
2. Select “Industry Data Tables.”
3. Select “Begin Using the Data.”
4. Select “Gross Output by Industry.”
5. Select “Real Gross Output by Industry (A) (Q).”
6. Select “Quarterly” or “Annual.”
7. Select “Next Step.” Data is from Bureau of Economic Analysis (bea.gov).

• 

% Change in GDP by Industry

 – Steps:

1. Select “Interactive Data.”
2. Select “Industry Data Tables.”
3. Select “Begin Using the Data.”
4. Select “Gross Output by Industry.”
5. Select “Percent Changes in Chain-Type Quantity Indexes for Gross Output by Industry (A) (Q).”
6. Select “Quarterly” or “Annual.”
7. Select “Next Step.” Data is from Bureau of Economic Analysis (bea.gov).

3. Identify one newsworthy macroeconomic indicator or policy (e.g., GDP, unemployment, inflation rates, interest rates, government taxation and spending decisions, and/or FED decisions) that the industry should monitor and explain why it’s important and how it might impact your selected industry.

These resources are available to help you measure and track macroeconomic indicators and outcomes of macroeconomic policies.You’ll use one or more depending on the macroeconomic indicator selected.

• 

Unemployment rates

 – Data is from Bureau of Labor Statistics (bls.gov).

• 

Inflation rates

 as measured by the Consumer Price Index (CPI). Data is from Bureau of Labor Statistics (bls.gov).

• 

% Change in Real Exports and Imports

 – Select Section 4, then table 4.2.1. (Select MODIFY to change the year range and frequency.) Data is from Bureau of Economic Analysis (bea.gov).

• 

Government receipts, expenditures, and savings

 – Select Section 3, then table 3.1 for total government and table for 3.2 for federal government. (Select MODIFY to change the year range and frequency.) Data is from the Bureau of Economic Analysis (bea.gov).

• 

FED Funds Interest Rates

. Data is from Trading Economics (tradingeconomics.com).

4. Describe a recent trend in the macroeconomic indicator or policy. Include a graph, chart, or table that illustrates the observed trend.

5. Summarize how you think this industry will perform in the future. Provide support for your rationale.

6. This course requires use of Strayer Writing Standards (SWS). The format is different compared to other Strayer University courses. Please take a moment to review the SWS documentation for details. (Note: You’ll be prompted to enter your Blackboard login credentials to view these standards.)

·

· Your brief should include a cover page.

· Your brief should be a minimum of two to three (2-3) pages in length (not including the cover page), double-spaced, 12-point font.

· Your report should include a minimum of two (2) references/citations in the text.

Oil and gas Industry

Oil and gas exploration has changed the way the world works. Oil and gas are the most significant sources of energy in the world. Activities in this industry consist of oil and gas exploration. There are several processes involved in the process of prospecting, equipping, and then the mining process. The method of processing crude oil is crucial. The crude oil is made into different products that are used in power production, fueling cars, and cooking. The investment in this industry is rather expensive (Pam Sadowski, SSSD, 2017). This is why it requires the input of many parties. The oil wells are also costly to set up and maintain.

The oil and gas industry is a big player in the energy sector. It is a source of energy used in most locomotives in the world. The products from the oil and gas industry include kerosene, gasoline, and diesel. All these fuels are useful for providing energy in the various sub-sectors. Almost the whole transport industry uses fuels from this sector. This is because they are readily available and can be transported from one region to another without needing a lot of effort. This is what makes the oil and gas industry is crucial for all sectors that require energy.

The oil industry is an ever-changing market. The prices of its products are affected by supply and demand. Being a commodity that is needed worldwide, a shift in price in one region affects the cost of the entire specialty. The fuel prices change from time to time, depending on supply and demand. The lower the quantity, the higher the rates. The higher the prices, the higher the amount of money invested in the industry. The quick change in prices means that care has to be taken to keep the cost of production low. The prices shift from time to time has to be kept under check at all times.

The market trends in this industry indicate an increase in investment in North America. The expenditure has been increasing in the past ten years. This shows that there will be an increase in the next five years. According to Price Waterhouse Coopers, North America has been at the center of the most substantial expenditures in oil exploration (PricewaterhouseCoopers, 2018). This indicates that the outlook of the market points to improving trends all over the world. The increased investment shows that it is projected that the output will grow in the next few years.

Retrieved from: https://www.strategyand.pwc.com/gx/en/insights/industry-trends/2018-oil-gas.html

The Government has a significant role to play in this industry. The Government is advocating for an increase in the use of renewable energy sources. This means that there is a possibility that this industry will see a drop in sales due to competition from other sources of energy that are considered more environmentally friendly. Such legislations imply that it will result in less investment in the industry. Due to the price fluctuation seen from time to time, it will not be a surprise that people will opt for renewable energy sources for them to cushion themselves from the impact of price changes.

References

Pam Sadowski, SSSD. (2017). NAICS Search. Retrieved from https://www.census.gov/cgi-bin/sssd/naics/naicsrch?chart=2017

PricewaterhouseCoopers. (2018). Oil and Gas Trends 2018-19. Retrieved from https://www.strategyand.pwc.com/gx/en/insights/industry-trends/2018-oil-gas.html