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ECON 211 Research Paper – THE US MACROECONOMIC SCENE

ECON 211 Research Paper – THE US MACROECONOMIC SCENE

Your topic summary and proposed outline of your idea for the paper is due in Module 3, a draft of the paper is due in Module 6, and the final paper is due in Module 9. Here is a checklist that you may find helpful.The objective of the assignment is to demonstrate the application of macroeconomic theory aspresented in Arnold to a current topic you have chosen. It is the application of the theory that isimportant; this is not just a research paper which describes a current situation with some economicfeatures.The selected topic must be one that relates to macroeconomics; that is, any of the subjects listed in theArnold table of contents under macroeconomics, for example, monetary policy. Micro economic topicsand analysis are not acceptable for a macro class.The paper should not be long. Provide enough information and detail on your chosen topic to serve asthe basis for economic analysis. The topic must be relatively current; an analysis of some past event isnot acceptable.Show how the theory you’ve learned from the course and presented in Arnold applies to or explains thecurrent situation. The analysis need not be complex, but must include a written explanation and agraphical analysis similar to those used throughout Arnold. Basically, you are just selecting theappropriate tools from Arnold and showing how they apply to a specific situation.Write a short conclusion. This might include some predictions for the future.The paper should include the following:Title pageInsert page numbers. A Running Head is fine but not necessary.Abstract not required but OK if desiredTable of Contents not requiredSection Headings strongly encouragedCitations cite all references in the body of the text and in the Reference list.Plagiarism Do not copy text from another author or Web source unless it is quoted.Appendices Not necessary but may be appropriate for raw data. THE US MACROECONOMIC SCENE : An Insight
It seems that it is
apparent that the current macroeconomics situation in US is bit difficult in
numerous ways.The situation relating to employment, inflation, monetary and fiscal
policies has been detrimental to US citizens who have undergone through an
trembling economy for a lot of years.When there is enlargement in monetary
activity, then the affluence will be experienced by a larger number of fiscal
entities, in addition to industries, firms, workers, owners of capital as well
as others. When there is a fall in fiscal activity, then the segment of
companies’encounters with
decrease in production and further sectors of the financial system with the
decrease in consumption. Accordingly due to reduced production, the companies
lay off certain employees or condensed their hours in addition to their wages.
These pessimistic trends have an effect on the decline of standard of living as
well as excellence of life of inhabitants and augment the deficiency rate,
which positively represent the most complicated difficulty for each nation.
Consequently, economists attempt to determine the causes of these affairs
(stages) of trade cycles and formulate suggestions concerning what could be
done by way of suitable economic policies to tone down such depressing
phenomena of depression. Recession ought not to be observed as incident from
which there is no way out, but as a very severe indicator that point out that
the financial system is unhealthy and we ought to take dynamic measures to its
quicker recuperation.
The fluctuations in economic
operations are called economic cycles. The significance of such economic cycle,
particularly as the recession stage of the economic cycle is vital for the
reason that it influences real macroeconomic factors viz., employment,
production,the rate of financial development, standard of living and quality of
life. Fiscal and Monetary policy makers are keen in the motives that actually
augment recession, in addition to suitable economic policies that will be
pointed out for reducing the downside effects plus the outcomes on the U.S.
financial system resulting due to the recession. Within this essay theoretical
approach is explained to economic cycles as well as recession as all its
levels, as well as the affect of recession on US economy plus on real
macroeconomic variables.
Outline
for Research paper
1. Introduction
2. Some basic theories
of Macro Economics
3. The Whole
Circumstances : Basic Cause
i. Overflow of Credit
4. After effects
i. Unemployment,
Inflation & GDP

5. Keynesian
analysis
6. Behavioral
economics
Paradox of Thrift
7.
Macro approach of Classical Economists
8. The Move Beyond.
9. Expansive
fiscal policy
10.Conclusion

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