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Using relevant information and available data, where applicable, develop a five-page analytical essay on the socio-economic effects of the Coronavirus and the effectiveness of the government response.

Date Posted: 28/03/2020
Category: Economics
Due Date: 01/04/2020
Instruction
Your essay must discuss at least the following industries or sectors of the US economy and the fiscal and monetary remedies: • Overall Public Health Effects; • Detailed Effects on the US Economy (discuss effects on various sectors: manufacturing, technology/electronic, travel, restaurants, hotels, sports & entertainment) • The Banking Sector; • The Financial Sector (discuss the trends/fluctuations in the Major Financial Sector’s Indices); • Overall/General Economic Variables (Inflation, Unemployment, Economic Growth, Recession, etc...). • Discussion and analysis of Fiscal Policy Initiatives (actions of Congress) • Discussion and analysis of Monetary Policy initiatives (actions of the Federal reserve System) • Your Impression(s) of Policy Effectiveness based on your prior analyses; • Your Recommendations for future policies following your conclusion The paper must contain the following parts for evaluation: • A Cover Page • A Table of Contents (2 pts) • A well-developed introduction highlighting the purpose, objective and the organization of the body of the paper; (3 pts) • The body of the paper with the relevant discussions, section by section, of the various components of your analysis; (30 pts) • Summary and Conclusion based on the facts analyzed throughout the paper (3 pts) • Your well-articulated, thoughtful, personal opinion of the issue and recommendations for policy makers based on your knowledge of economics. (10 pts) • A Reference Page (2 pts)
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