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The introduction summarize the macroeconomic event in the news article chosen and mention what you plan to discuss in the essay.
· Apply the economics concepts and models (AS-AD, Aggregate Expenditure Model, Money Market Diagram) learned to show your understanding in the news event.
· Specifically, you should identify and discuss:
o the key macroeconomic challenges faced by the county namely long-term economic growth( of potential GDP) problem and/ or short-term recessionary or inflationary problem due to business cycle.o Causes of the problemso Its impacts on the society and economy ando The policies implemented by the government concerned to solve the problem (aggregate labour hours, labour productivity , demand side policies )
· Draw the economic models to illustrate the discussion of the economic problem and the government policies.
· A conclusion, highlighting your key points and arguments in the essay.
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Locate an article pertaining to a change in the supply, demand, and pricing of a particular product or service. Utilizing the economic theories, prepare a paper in which you summarize the article and elucidate why changes made in supply, demand, a..
Examine two methods that the Federal Reserve can implement to support a stronger economic recovery. Provide support for each method in your response.
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