Analyze macroeconomic theories and models using a national or global event
Objective:
Students will apply and analyze macroeconomic theories and models using a national or global event. This event may be current, historical, political, or social. Students must find and research at least five academic articles to conduct their analysis. Students will use articles to write a paper making and defending a claim or argument regarding the event. This is NOT a paper about what happened, but about why it happened, how it happened, or what will happen as a result.
Part I. Introduction
Students should present their thesis in the introduction. Students should state the event and its significance (why research this topic?), and the macroeconomic theories and or models used to analyze and posit the student’s perspective.
Part II. Research
Students must use macroeconomic language and provable microeconomic statements. Students must use data from appropriate and relevant websites to validate the thesis. Students must include some visual element (chart, graph, etc.) to present evidence and support thesis.
Part III. Conclusion
How did the macroeconomic analysis and research change your perspective? What did you learn from your research?
Part IV.
Bibliography and Work Cited pages
Macroeconomics is a branch of Economics that deals with the issues of an economy as a whole, rather than those of individual agents or specific markets. Macroeconomics is concerned with the understanding of aggregate phenomena such as economic growth, business cycles, unemployment, inflation, and international trade among others. These topics are of particular relevance for the development and evaluation of economic policy.
Macroeconomic theory attempts to understand these complex relations from a theoretical perspective, building models that help economists understand and explain aggregate behaviour in the economy.