Option 1:
You can do that in a three Page report; Pick two of the following podcasts. On page one, analyze each in light of the economic theory underlying its content. On page two answer the discussion questions provided if any. On the third page represent your discussion graphically using the appropriate economic model. Your Paper should not exceed three pages total (for both podcasts).
http://econeveryday.com/pbs-news-hour-why-covid-19-could-be-the-last-straw-for-lebanons-fragile-economy/
http://econeveryday.com/podcast-covid-recession-versus-the-great-depression/
http://econeveryday.com/podcast-the-feds-new-approach-to-inflation-and-monetary-policy/
https://www.media.barclays.co.uk/serveaudio/158206-6585470.mp3?dnt=1
https://www.media.barclays.co.uk/serveaudio/158167-3707270.mp3?dnt=1
https://www.media.barclays.co.uk/serveaudio/158126-3013684.mp3?dnt=1
https://www.media.barclays.co.uk/serveaudio/158061-7269992.mp3?dnt=1
You may also choose your own podcast, but I have to approve it. Podcasts that are not submitted for approval will receive 0 grade.
More podcasts will be added throughout the semester.
Option 2:
Write a short (2 typed double-spaced pages + a graph page) application paper. For your paper, you may select any macroeconomics topic covered in the assigned chapters, i.e., fiscal policy, monetary policy, GDP calculation, etc… The only topics you are NOT to discuss Are the Fundamentals and the Unemployment units.
In general: the paper is 2-3 pages in length. It requires you to find a newspaper article that is related to one of the core concepts (units) we covered in our course of study Except for Unemployment and the Fundamentals Units.
page 1:
On page 1, you discuss the technical/ theoretical information, and the questions you must answer about the concept you chose. For example; If you write about Fiscal policy you need to answer – in a paragraph format – a series of questions such as: What is the fiscal policy? What are its tools? Who decides it? What do we mean by contractionary and expansionary fiscal policies?……
page 2:
On page 2, you analyze the newspaper article. What you write technically, and provide information about on page 1, must be applied on page 2
page 3: Graph
Caution: The graphs required illustrate the economic theories/ models and the concepts we learned in class, NOT BAR OR PIE GRAPHS DISPLAYING STATISTICAL DATA INCLUDED IN YOUR ARTICLE.
Your task in either choice is two-fold: (1) demonstrate a thorough understanding of the economic concept you choose, and (2) show you can apply that concept to everyday events.
General instructions for both Options:
Make sure to:
– write this in paragraph form, so it is logical, sequential in its development, and to the point. There is no need for long introductions that consume the space of your page when you should be using it to explain your economic concept. Page 1 is not a glossary, it is to see how you can convey the basic information to a reader (your instructor). There is no need to site information you use on page 1 since it is common knowledge in the course. You are not allowed to use quotes. Please use your own words.
– All graphs must have titles (placed above the graph).
– The graph required is an economic model graph (i.e. AD& AS, Aggregate Expenditure…) – No statistical, bar, or pie graphs.
– All axes must be labeled and in correct measurable units.
– All curves labeled, and all equilibrium points labeled.
– The graph should match/ explain what you have written on page 2.
– You must include your article or its URL with your paper. I will not be able to grade your paper if I do not receive your article.
