Debates Over Macroeconomic Policy

I attached the grading guide. Please follow it closely. You can pick whichever topics from the bullet-points that you want.

Purpose of Assignment

This week requires the student to address six unresolved issues in macroeconomics, each of which is central to current political debates. Students are required to use information and tools that they have accumulated in their study of the text and evaluate both sides of those issues, determine which side they can support for each issue, and defend their positions.

Assignment Steps

Select two subjects from the following list of topics and write a 1,050-word analysis:

Active monetary and fiscal policy
Increased government spending to fight recessions
Reducing federal government’s discretionary powers
Zero-inflation target
Balanced government budget
Tax incentives for saving
Evaluate both the advocates’ position and the critics’ position.

Determine which position you support and defend your position.

Cite a minimum of three peer-reviewed sources not including your textbook.

Format consistent with APA guidelines.

20180524231724eco372_r10_major_debates_over_macroeconomic_policy_grading_guide_week5

Solution Preview

Debate over Macroeconomic Policy
Introduction
The government controls the economy through the implementation of macroeconomic tools. Such policies are either fiscal or monetary where the government targets the aggregate economy. Factors of influence include inflation, unemployment, price level and economic growth. This paper discusses two macroeconomic tools: active and monetary policy and the implementation of a balanced budget to influence long-term economic growth. It also outlines the advocates’ and critic position for both issues and finally, a selection of one side for which it offers support.

(1,192 words)