Prior to beginning work on this assignment,
Review Chapters 5 and 6 of Macroeconomics: Private and Public Choice.
Review Chapter 4 of Inflation: What It Is, Why It’s Bad, and How to Fix it.
Review Monetary Policy: How Central Banks Regulate the Economy: https://www.forbes.com/advisor/investing/monetary-policy/
Research and review credible sources to learn about the pros and cons of government intervention.
The role of government in the economy is often debated by economists and businesspeople. The debate ranges from having little to no government intervention to having a strong government presence in both business and social settings.
Research and identify two government agencies, departments, or regulations where the government is heavily involved in the economy that you agree are helpful and necessary. Then, research and identify two government agencies, departments, or regulations where the government is involved in the economy, and you disagree that involvement is necessary. Rather, in these cases, you believe the free market would be better. Be specific in your selected government agencies, departments, or regulations. It may be possible to use the same government agency, department, or regulation for both sides. For example, the Environmental Protection Agency (EPA) may have regulations or interventions that you both agree and disagree with. Since EPA is used here as an example, do not use it in your assignment.
For each selected example (four total),
Assess the government intervention, providing the pros and cons.
Discuss whether you agree with the government intervention and provide facts to support your opinion.
Explain thoroughly and support your rationale.
Critique the influence of the political process (for example, lobbying) for each of your examples.
The Role of Government and the Impact of Politics paper
must be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA Style as outlined in the Writing Center’s APA Formatting for Microsoft Word resource.
must include a separate title page with the following:
title of paper in bold font
Space should appear between the title and the rest of the information on the title page.
student’s name
name of institution (University of Arizona Global Campus)
course name and number
instructor’s name
due date
must utilize academic voice. Review the Academic Voice resource for additional guidance.
must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & Conclusions as well as Writing a Thesis Statement, refer to the Writing Center resources.
must use at least two credible sources in addition to the course text.
The Scholarly, Peer-Reviewed, and Other Credible Sources table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment. Check the Advanced Internet Search Techniques tip sheet to research government agencies.
avoid over-dependence on direct quotes. Direct quotes are a great way to strengthen your assertions and provide support. However, be sure to avoid using excessive direct quotes in lieu of original thought. Direct quotes will not meet the requirement for analysis, application, and critical thinking. You will lose points for over reliance of quoting. Review the Integrating Research resource from the Writing Center for additional guidance.
must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your Paper guide.
must include a separate references page that is formatted according to APA Style as outlined in the Writing Center. Review the APA: Formatting Your References List resource in the Writing Center for specifications.
