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submit a 1-2 page paper on a current event that is happening in the macroeconomy.
You will have 3 objectives:
1) Describe current news on the U.S. macroeconomy right now using the knowledge of the subject you gained in class. (It will become clear what the “hot topics” are. Feel free to look at our chapter headings for inspiration – ( i.e.) unemployment, interest rates, inflation, trade, etc.). If you use online articles, to convey your point, please add the link at the bottom of the paper.
2) Explain the event in terms of the AS-AD model. (Is there a movement in one or both of the curves? A shift?) You may also use the Loanable Funds model to explain if it aids your point.
3) Based on our models and what the U.S. is doing right now about your subject, what do you think the outcome is going to be for the topic you are discussing? ( i.e.) Will unemployment change? Will interest rates change? Will inflation change? Trade? These are examples.)
Each topic above will be awarded a maximum of 15 points for understanding. Grammar & organization is also worth 5 points for a total of 50 points possible. Length is not the goal – try to be concise & comprehensive.