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Assignment:
The essay is on the topic of "What does macroeconomics mean to you personally?" That is, how does understanding the macroeconomy help you understand circumstances in your job/career, daily events, and your overall life. This assignment has to be at least one page (no more than two pages) double spaced. If you bring in outside sources, these must be fully cited. Fifty percent of the grade will be on content, and the other 50% will be on syntax, grammar, organization, clarity, etc.
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Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.
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