Ross School - Senior Projects 2011


Student: Jin Haeng Lee

Mentor: Jennifer Buklad

Domain(s): Economics/ History






Title: History of the Dow Jones Industrial Average

Description: For my Senior Project I studied the history of stock market, especially the Dow Jones Industrial Average. I delved specifically into why multiple drops in the stock market happened by exploring the history of stock market. The goal of my research paper was to help the readers have better idea about what stock market is after reading my essay. Through my product, I hope to predict what is going to happen to the Korean stock market by studying the recent social issue: The YeonPyong invasion by North Korea.








Jin Haeng Lee



            My senior project, which was on describing the history of stock market and Dow Jones Industrial Average, was one of the most valuable experiences for me. Most importantly, I learned how to be tidy; writing 30 pages long research paper, I had to keep sending my drafts to my outside consultant, Jae Hong Kim, and each time I received the corrected version, I had to save it and not lose it. Furthermore, I had to keep up with the senior deadlines, such as senior blog entries, or developing my process book. Moreover, I learned economic terms, how the stock market changes as time goes by, plus how it is affected by social issues. In the presentation, I tried to show the reality of my project; how lazy I was, how Ms. Parkes and Ms. Buklad helped me to keep up with the senior project.

            The overall process of the project was quite simple, yet arduous; I took a research through website documents or books to find out what was going on in each economic crisis. Then I handed what I found out to my outside consultant, Jae Hong Kim, to get correction. Most times, I spent about 10 pages for each panics, expecting my paper to be around 40~50 pages. Each time I sent my drafts to my consultant, however, Jae Hong Kim always deleted at least half amount of what I wrote; what Jae Hong was concerned most about was whether I was on track or not. Of course he made several corrections content-wise if there were any incorrect data, such as wrong date or wrong Dow points. However, he mostly focused on deleting what I had written if it were going away from the topic. On the other hand, if I were on track, not straying away from my thesis, he was lenient.

After I got corrections from my outside consultant, I handed what he gave me to Mr. Raeback, for grammatical corrections. Thanks to Mr. Raeback, my paper was able to look more decent and professional. Before the correction, I kept making several grammatical errors, such as misplace of articles like “a”, “an” or “the”.

            While I was making the power point, I had to thank my process book and the presentation rubric, because I had no idea where to start my power point. Moreover, I did not know how to work with the power point. I had to ask Ashley Jung and looked up in the Google to see how to make slides; I learned how to set a background, how to assign animation on the slides.

            During the presentation, I knew I was going to be very nervous; after all, it was my first time giving a presentation to a mass crowd. In order to calm myself down, I practiced couple times before the actual presentation at the lecture hall. While I practiced, I found out that I NEED to write a script, because I kept mumbling and being clumsy. When I wrote the script, I opened the power point file to see where to start writing my script. Thanks to my script, I was able to finish my presentation without any troubles.

            I was sad that Ms. Parkes was not able to attend to my presentation, because I REALLY wanted to thank her during the presentation for everything; as I said in the presentation, I would not have been able to finish my product in the second round and still working on my project, losing my Mterm. Also, I wanted to apologize my rudeness when she told me that my presentation was on February 9th, not 16th. However, I said how thankful I was to her, which made me feel alleviated a bit after the presentation.


Works Cited


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Amin, Samir. "Financial Collapse, Systemic Crisis?" 23 November 2008. Global Research . 3 January 2010 <>.


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Henry, Jay. "File:DowJones1904to1909.png." 24 September 2008. Wikipedia. November 2010 <>.


Kelly, Martin. Top 5 Causes of the Great Depression. October 2010 <>.


Kim, Jae Hong. "The stock response after the YeonPyung Island provokation." 24 November 2010. Jae Hong's Blog. 10 January 2010 <>.


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Robert F., Bruner. The Panic of 1907: Lessons Learned from the Market's Perfect Storm. New Jersey: John Wiley & Sons, 2007.


Schultz, Stanley K. Crashing Hopes: The Great Depression. 1999. 10 December 2010 <>.


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The history box. The panic of 1893- Financial world. 4 March 2006. 2010 <>.


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WILLOUGHBY, JACK. Burning up Warning: Internet companies are running out of cash -- fast. 20 March 2000. 9 January 2010 <>.


Yahoo Finance. Dow Jones Industrial Average (^DJI). 1 December 2000. November 2010 <^DJI&a=10&b=1&c=2000&d=08&e=19&f=2001&g=d&z=66&y=132>.


Outside Consultant

Jae Hong Kim, who is my cousin, was my senior project consultant.

(Outside consultant name and occupation details/how they are related to your project)