Your Assignment
Your final project will require you to examine any foreign
currency of your choice (preferably one from an emerging
market), and provide an analysis of that currency against
the U.S. dollar over the 5-year period ending with 2010. To
complete this assignment, examine an exchange-traded fund
(ETF) for that currency, perform any additional research you
need to do in order to understand the topic, and then write a
750-word paper that summarizes the results of your macroeconomic
analysis.
To find an ETF fund for a country that you’re interested in,
go to an Internet search engine such as Google, and enter the
keywords “exchange-traded fund for X,” and replace the “X”
with the name of the country of your choice. You can see the
history of your chosen ETF, in terms of U.S. dollars, by
checking or entering the ETF call letters or ticker symbol
in a financial search engine such as Yahoo! Finance (the web
address for this site ishttp://finance.yahoo.com/).

Project Objective
The goal of this project is to demonstrate the knowledge that
you’ve obtained in your Economics 1 course. To complete the
project, you’ll need to research a foreign currency and an
ETF for an emerging market that you find interesting, perform
a macroeconomic analysis of the currency, and write a
paper that summarizes your analysis.
Instructions
Step 1: Select a foreign currency as described above.
Step 2: Perform your research. The content of your textbook
can be one of your sources. However, your
paper should also include at least four independent
and reliable sources. Use general Internet search
engines and financial search engines to perform
your research.
Step 3: Perform your macroeconomic analysis on the
material. Remember that you need to provide an
analysis of your chosen currency against the U.S.
dollar over the 5-year period ending with 2010.
Step 4: Write a first draft of your paper. Your paper should
be written using a word-processing program, such
as Microsoft Word or a Word-compatible program.
Your essay should include a separate title page,
and between three and five pages on your topic.
The essay should include a brief introduction,
several paragraphs that cover the required information,
and a conclusion. The last page after the
main body of the essay should provide a list of
your reference sources.
Graded Project 113
Step 5: Complete your final draft. Carefully review your
written essay, correct any errors, and submit your
final draft to your instructor. Use the following
Writing Guidelines to complete and submit your
essay.
Writing Guidelines
1. Type your submission, double-spaced, in a standard
print font, size 12. Use a standard document format with
1-inch margins. (Do not use any fancy or cursive fonts.)
2. Read the assignment carefully, and follow the
instructions.
3. Include the following information at the top of your
paper:
�� Name and complete mailing address
�� Student number
�� Course title and number (Economics 1, BUS 121)
�� Graded project number (05047700)
4. Be specific. Limit your submission to the issues covered
by your chosen topic.
5. Include a reference page in either APA or MLA style. On
this page, list Web sites, books, journals, and all other
references used in preparing the submission.
6. Proofread your work carefully. Check for correct spelling,
grammar, punctuation, and capitalization.
114 Graded Project
Grading Criteria
Your project will be based on the following criteria:
Content 80%
Written communication 10%
Format 10%
Here’s a brief explanation of each of these points.
Content
The student must
�� Provide a clear discussion of the chosen topic
�� Address the topic in complete sentences
�� Support his or her opinion by citing specific information
from the textbook, Web sites, and any other references
and by using correct APA or MLA guidelines for citations
and references
�� Stay focused on the chosen topic
�� Write in his or her own words and use quotation marks
to indicate direct quotations
Written Communication
The student must
�� Discuss the topic in complete paragraphs that include an
introductory sentence, at least four sentences of explanation,
and a concluding sentence
�� Use correct grammar, spelling, punctuation, and sentence
structure
�� Provide clear organization (for example, uses words like
first, however, on the other hand, and so on, consequently,
since, next, and when)
�� Make sure the paper contains no typographical errors
Graded Project 115
116 Graded Project
Format
The paper should be double-spaced and typed in font size 12.
It must include the student’s
�� Name and complete mailing address
�� Student number
�� Course title and number (Economics 1, BUS 121)
�� Research project number (05047700)