Fiscal and monetary policy

Assignment Help Microeconomics

Reference no: EM13734808

Since the Great Recession of the first decade of the 21st century, the deficit of the Federal government of the United States and a number of nations belonging to the European Union (PIGS) has been central in the debate over the best approach to fiscal and monetary policy.

The paper for ECO100, fall semester 2013 will be a critical essay that explores at least one policy prescription which addresses the deficit of at least one of the nations mentioned above. (For instance, the International Monetary Fund (IMF) recently posted a report on the impact its actions in Greece to help this nation reduce its deficit.

Reduction of the Greek Government's debt was a required before it could borrow from the IMF.) The paper should offer the pro and con arguments of economists, politicians and/or other experts as to the impact of the proposed policies on a government's deficit, the distribution of income and any effects it may have on economic incentives. Finally, the student should indicate which of the proposed policies they believe have the best chance of success and provide a reasoned argument supporting their decision using the economic theory discussed in the videos, the text, The Price of Inequality, and/or articles from other economists.

Papers submitted without a bibliography and an attempt to properly cite sources in the body of the document will receive a score of 0.

Reference no: EM13734808

Questions Cloud

Brief description of the organization : Select a company for your Strategic Management Plan. In 1-2 paragraphs give a brief description of the organization you selected and the reason why you chose that particular company.

How would you overcome the barriers to communication : How would you overcome the barriers to communication? Do you agree with the saying, "When in Rome, do as the Romans do" when it comes to doing business with another country?

What is the basic problem the advertising must address : What is the basic problem the advertising must address? What are the objectives of the proposed advertising campaign? In other words, what are your trying to accomplish with the ad campaign

What are some of the considerations to keep in mind : What are some of the considerations to keep in mind concerning how these different social and religious values and cultures have on food preparation.

Fiscal and monetary policy : Since the Great Recession of the first decade of the 21st century, the deficit of the Federal government of the United States and a number of nations belonging to the European Union (PIGS) has been central in the debate over the best approach to f..

Describe the management practices in an organization : How will accomplishing these objectives support your success in management? Evaluate the management practices in an organization

Data analysis for qualitative information : As is the case with most decisions in public and nonprofit management, there often is not a "right" or "correct" answer. This is the case with qualitative measurement. Variables may be measured in a variety of ways. Some variables lend themselves ..

What will your average total cost be : Suppose you could produce one more (the fifth) widget at a marginal cost of $5. If you do produce that fifth widget, what will your average total cost be? Has your average total cost increased or decreased? Why?

Write essay on legal and ethical issues : Write essay on legal and ethical issues

User Account

All Pages