Current Economy

For this exercise, you are an advisor to the President (and I’m the President:)). You will be either a fiscal or a monetary policy advisor. The policy designations will be emailed to you individually by the end of this week. In the end of the project I will expect each advisor to deliver two products: a short, no longer than 15-minute summary presentation of their research and recommendations and a written (approximately 10-page) essay providing a more detailed view of their project. The presentations will have to be delivered to me “live” – in an individual (due to scheduling difficulties) Zoom of WebEx meeting during the last week of classes, where I can ask you questions as needed. Your final grade for the project will be a weighted average of the paper and presentation grades, with paper carrying 70% the weight and presentation carrying 30% the weight. Stage 1: Analysis of the current economic situation in the country (to a degree you’ve already started your work on this with the data project and honors meetings assignments). While in the end it is completely up to you how you are planning on going about completing this stage, I suggest collecting and analyzing information on the key macroeconomic statistics we went over related to income, prices, employment, etc. I recommend looking at the recent trends in these statistics, comparing these trends to historic data, and using models we are studying (such as AD/AS model) to explain these trends and any possible differences you can see between recent developments and traditional (historic) indicators. I would also recommend looking into recent policy and political decisions and developments to analyze and identify possible risks or opportunities to the economy (for example, the tariff wars: can those be beneficial to our economy by moving more production to the U.S. or can they be harmful to the economy by negatively affecting the input costs used by our businesses – think steel and aluminum tariffs and their effects on industries using those materials). Please ensure that whatever conclusions you are making here are supported by data or someone else’s research (not Wikipedia). I may disagree with your conclusions and question the data, but not having anything to support your conclusions is worse. I will expect everyone to submit an ACCEPTABLE draft of their paper that will cover stage 1 no later than Friday, November 13th. Basically you have a month to organize your research and your thoughts on the current economic situation in a way . Failure to meet this deadline will result in a 10% penalty on the final paper submission. This draft will need to be emailed to me. DO NOT upload it in Canvas. Please note that the above deadline is the absolute final penalty-free submission time. As soon as you submit the draft, I will go over it, make my comments and suggestions, and return it to you so that you can use it in your work. As you can imagine, if everyone submits it on the last day, it may aka eye quite a while to go over all submissions. Besides, if you wait until the last minute, and I decide your draft is unacceptable for whatever reason, you will be subject to the penalty, Stage 2: Policy recommendations. Having completed stage 1, I will expect each of you to come up with a goal for the government or Federal Reserve (addressing the risks or taking advantage of the opportunities identified in Stage 1) and the policy recommendations on how to achieve that goal. You will need to explain specific policies you are suggesting (not just “expansionary” or “contractionary”), analyze possible positive and negative effects of these policies using the models we cover in this course, and possibly suggest alternative policies if your first choice doesn’t work. Note that even if you end up being a neo-classical economist and a firm believer in the “laissez fare” approach to the economy, you will still have to present possible policy interferences and explain why they will not work and thus should not be used. Also think about possible reasons why your policy suggestions may turn out to be inefficient. If you are a fiscal policy advisor, I will be expecting recommendations regarding tax policy or government spending. For instance, if you are suggesting lowering taxes, I would expect an explanation of what kind of taxes you would lower, the justification for this approach, how the budget deficit will be covered, and short-run as well as long-run effects of your suggestions. If you are suggesting changes in government expenditures, please make sure to discuss in which areas will the changes happen (defense, education, etc…), why, possible short-run and long-run effects of these changes. If you are a monetary policy advisor, I would expect recommendations concerning money supply and interest rates. Think about your targets, what specific tools will you suggest using in order to achieve the targets, and please explain your choice of the tool(s) over other available options. Just like with the fiscal case, consider short-run and long-run effects of your possible policy intervention. Specifically think whether traditional policy tools will be effective considering the monetary system behavior since the Great Recession. This is the outline how the paper should go: Introduction (about 1 page) Brief description of the specific issue that you are analyzing Main thesis of your paper List of theories and models that will be applied Description of how the paper will proceed Analysis of related and relevant literature and models (1.5-2 pages) literature can be both on the topic of your choice (e.g. economic growth, unemployment, inflation) of the theoretical models used (i.e. AD/AS, Philips Curve, etc.) I expect you to use at least five sources total, not including your assigned reading and class notes All references must be provided in the text and included in the reference list in the end Reference style is up to you. My personal preference is Harvard Simplified, but you should feel free to use any system as long as you are consistent Application of the model(s) to the specific issue (2.5-3 pages) Contents of this section depend on the particular model and approach you decided to use and can be discussed with me as you proceed with the paper. Using some real-life data in the analysis is expected. Suggested policy applications (about 3 pages) Describe policy changes you are suggesting. Analyze possible outcomes and tradeoffs in the long and short run. Conclusions (1-2 pages)

Assignments ABC
Order NOW For A 35% Discount!
Pages (550 words)
Approximate price: -

Why AssignmentsABC.com?

Top-Quality Papers with AssignmentsABC

Are you stuck with your paper? Is a research paper giving you a hard time crafting research topics? We assist students in achieving the best top-grade academic writing services in compliance with the provided instructions. Have your paper written with a certified specialist Ph.D., Bachelor's, and Master's graduates with many years of experience in academic writing. All our writers undergo thorough tests to ensure they are qualified writers and deliver the best consistent papers of high quality under tight deadlines.

1000+ Master's, Bachelor's and Ph.d. Experts

We ensure all our writers have the knowledge and experience of crafting the best papers before hiring them. Our writers have acquired Bachelor's or Ph.D. credentials from reputable institutions all over the globe. Our writers can handle papers from any discipline and can handle over 100+ subjects. Including but not limited to a dissertation, term papers, research papers, narrative essays, thesis papers, expository essays, etc. All your orders must pass through a strict protocol of our expert essay writing editors.

Affordable Essay Writing Services

We know that students have very limited budgets. And for that, we always strive to provide only the best, most affordable online college homework help services to our customers. We provide a great deal of student-friendly prices and professionalism with all our essay writing services. We provide great discounts for all our returning customers and new clients. Our paper writing services have a user-friendly interface and professional academic assistance. We are committed to assisting all students in any discipline regardless of their academic level. Place an order with an essay writer today.

Timely delivery of Work

Are you close to missing your paper deadline? Or spent a lot of time conducting extensive research and crafting papers? You are at the right place to get your research paper done in under 3 hours to meet your tight deadline. Our writers follow a strict schedule to ensure papers are delivered before the deadline to enable our editors to proofread before the final delivery to our customers. We strictly observe the early delivery of assignments to meet our clients' deadlines. You can, therefore, trust that your paper will be done within and before the set deadline.

100% Original Papers

"Hello, can you write my essay with 100% original content?" We are dedicated to conducting thorough research and writing papers from scratch to deliver original papers. Writers who deliver plagiarized papers are suspended to avoid future plagiarized papers. To avoid paper plagiarism, all orders go through steps of writing, editing, and proofreading. All papers are delivered with 100% plagiarism content. You can, therefore, rest assured that any signs of plagiarized or unoriginal content will be rejected before it reaches your portal.

24/7/365 Customer Assistance

We are dedicated to ensuring our customers have an excellent experience while using our essay writing services. Our customer support is available 24/7/365 to help clients and make their paper writing services easy to use. Our experienced support team is available to answer your queries any time, 24 hours a day. Kindly feel free to ask your queries on your order placement, payment methods, and order processing. Our customer support is always available round the clock and ready to listen to your queries. Feel free to contact us via our website or live chat.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

For years now, Assignmentsabc.com has stood as a leader in providing its customers with the best online college homework help service in the industry. And all you have to do is provide us with the details of your order. Leave everything else to us. We’ve always got you covered.

Essays

Essay Writing Services

Since we launched, Assignmentsabc.com deserved the best online “college homework help status” thanks to our essay ordering, writing, and delivery process. We deliver nothing but excellence in our results. Our essay writing services include impeccable grammar, zero-plagiarism, proper structure, and conformance to guidelines.

Admissions

Admission and Business Papers

Our top-quality online college homework help services guarantee that you will be accepted into your desired university. You just need to fill out your admission and business papers, and our team of online homework help workers will handle the rest. We will help you achieve and secure the best positions in your admissions forms.

Editing

Editing and Proofreading

At Assignmentsabc.com, we have a skilled writing and editing team that’s dedicated to creating, editing, and restructuring for all types of papers. Our online college homework help editing and proofreading team will check, paraphrase, and correct any grammar mistakes on your paper before submitting the final document to you.

Coursework

Technical Papers

At Assignmentsabc.com, we pride ourselves in having writers in almost all fields, even the most technical ones. You never have to worry about your paper being too technical for our certified online college homework help writers to handle. Mycoursewriter's team of writers can handle even the most complex writers. We will match your paper to the most competent writer that we believe will handle your paper the best way possible.