Econ
By: David • Essay • 338 Words • May 16, 2010 • 928 Views
Econ
Introduction
This paper will examine an eighteen month forecast of economic indicators and rationale for the forecast based on historic trends as reflected by the Dow Jones, and the? It will discuss how the GDP, unemployment, and inflation have affected our economy. These economic indicators have had a profound effect on the economy.
The thesis will begin by defining the economic indicators and providing a brief description of some graphs/charts of the Dow Jones, and we have to know where and when did each index started, what each index contains, and how it is viewed. This paper will start with the Dow Jones simply because it is probably the most heard about index of by the average person.
However, in economics, everything does not always work out as planned and there are always some shortcomings in the models economists use. This thesis will then expand on some of the possible downfalls. For instance, it will show that when certain indicators increase, then all three sections should also increase.
GDP: This is the total goods and services produced by worker and capital within the United States. If GDP is increasing it is a good sign