1. EconoWatch Proposal Cynthia Johnson Russell Kilbane Andrew Passerelli Brian Shaw Nicole Stein

2. Statement of Problem U.S. Economy on the brink of possible recession.

3. Sources Internet Magazine and Newspaper Articles Economic Books Professional Interviews

4. Objective Analyze causes for possible current recession Examine history Gather economic data Examine affects on society Pose possible solution

5. Background Information Great Depression - 1929-1933 -production dropped -unemployment grew “The New Economics”

6. Activity on the Nasdaq from Nov 2000 to Sep 2001

7. Details of the Problem Definition of the current economic situation. Why is the downturn of the economy happening? What are the possible effects of this downturn of the economy?

8. Unemployment Rates

9. Needs Wrong assumptions of the causes lead to misdiagnosis of the problem Will improve overall quality of life Proper analysis can lead to a remedy of the problem

10. Scope Causes Effects Solutions