The maximum length should be 2 pages in addition to the cover and the references pages. Follow the MLA style of writing.
Choose one of the following
Discuss the Fiscal Policies of Presidents G.W. Bush Jr. and B. Obama. First, introduce the historical context of the Bail Outs, then present/describe their similarities and differences. Finally, draw your conclusions of their effectiveness or lack thereof: this is the paragraph in which students will explore their own criticisms of those policies and their relevance to their own life.
Discuss the bail-outs put forth in an attempt to end the Great Recession of 2008. Present their advantages and disadvantages in the short and long-term. How relevant have they been in your own life?
What is the Quantitative Easing of Money? What is its purpose? What are its limitations. What are some historical instances when you saw the relevance of this theory in your life?
Define monetary policy. Explain the 3 monetary policy tools and the economic context in which each tool ought to be used. Demonstrate how each monetary tool is to be used under high unemployment cases versus when inflation is the biggest threat in the economy. Explain the psychology behind using each of the 3 monetary tools when it is known that the economy is in recession versus when the economy is not thought to be in a recession.
Explain the demand-side policies implemented through the 2 fiscal tools and the 3 monetary instruments. Explain the circumstances by which the demand-side policies are effective. Explain the demand-side policies limitations and the consequences of using them incorrectly (their relevance in your economic/financial life). Use historical examples of when supply-side policies were put into effect.
Explain the supply-side policies implemented through the 2 fiscal tools and the 3 monetary instruments. Explain the circumstances by which the supply-side policies are effective. Explain the supply-side policies limitations and the consequences of using them incorrectly (their relevance in your economic/financial life). Use historical examples of when supply-side policies were put into effect.
Explain the phenomenon of globalization. Explain its benefits and its drawbacks. Explain how globalization impacts you individually and thus how it is relevant to you.
Explain why the Great Recession of 2008 was more than the natural phenomenon of trough in a business cycle. What made the trough of the business cycle turn out to be a Great Recession? Explain what you have learned from the Great Recession of 2008 and how relevant such an information is to you.