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Economic Term Paper Assignment on The social welfare system in the United States.

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Economic Term Paper Assignment on The social welfare system in the United States.
 

The purpose of the data exercises is to ensure that you are familiar with the methodology of collecting economic/financial data from the Web and analyzing it. These exercises include collecting the required data, creating a graph or table to present this information, and no more than three double-spaced pages of analysis of the data.

The point of view that you should take in addressing each topic is that your audience is ignorant of what this data represents and how it is measured. Your task is to explain what the concept is what it intends to measure, how it is measured, and to what uses the data can be utilized. For example, the unemployment rate is a statistic in very common use and it is intended to measure the percentage of the labor force (which itself is a very specific metric) is currently not working and is actively searching for work. Uses of this statistic are to find ways and means to reduce it, to allocate unemployment insurance, to gauge inflationary pressure, etc.

 
 
 
 

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