Macroeconomics Research paper (Please submit your paper under assignments). Please write 1 to 2 pages (between 600 and 700 words) research paper explaining the topic of your choice from the following list of topics. Pictures, graphs, and handwritten examples are not included in overall length of the paper. Be sure to include an opening and closing paragraph. The paper must be typed, double spaced, and 12 point font. The due date is Sunday 02.25.15 at 11.00 P.M. Grading Rubric: 1. A cover page include only the exact research paper topic (from the following topics) and your name- 20 points 2. Length- 40 points. 3. Detail of explanation- 50 points. 4. Accuracy of explanation- 50 points. 5. Examples (and diagrams if applicable) - 20 points 6. Reference - 20 points Topics: 1. Define economic growth. Explain the basis of new growth theory. 2. Describe the fundamental determinants of economic growth. 3. Discuss the fundamental factors that contribute to a nations economic development. 4. What is the aggregate demand curve? Explain the forces that influence the shape of the aggregate demand curve. 5. What is the aggregate supply curve? Explain the shape of the short-run and the long-run aggregate supply curves. 6. Discuss the meaning of the long-run equilibrium for the economy as a whole. 7. Explain the consumption function. Describe factors that cause a movement along the consumption function and/or a shift in the whole consumption function. 8. Describe the short-run determination of equilibrium real GDP and the price level in the classical model. 9. Describe how equilibrium real GDP is established in the Keynesian model. 10. Explain the key determinants of consumption and saving in the Keynesian model. 11. Distinguish between Autonomous Expenditure and Induced Expenditure and explain how real GDP influences expenditure plans. 12. Discuss ways in which crowding out can reduce the the impact of the multiplier. 13. Explain fiscal policy time lags and why they complicate efforts to engage in fiscal fine-tuning. 14. Describe how certain aspects of fiscal policy function as automatic stabilizers for the economy. 15. Explain the expenditure multiplier and its impact on GDP. 16. Define the fundamental functions of money and identify key properties that any good that functions as money must possess.

Macroeconomics Research paper (Please submit your paper under assignments). Please write 1 to 2 pages (between 600 and 700 words) research paper explaining the topic of your choice from the following list of topics. Pictures, graphs, and handwritten examples are not included in overall length of the paper. Be sure to include an opening and closing paragraph. The paper must be typed, double spaced, and 12 point font. The due date is Sunday 02.25.15 at 11.00 P.M. Grading Rubric: 1. A cover page include only the exact research paper topic (from the following topics) and your name- 20 points 2. Length- 40 points. 3. Detail of explanation- 50 points. 4. Accuracy of explanation- 50 points. 5. Examples (and diagrams if applicable) - 20 points 6. Reference - 20 points Topics: 1. Define economic growth. Explain the basis of new growth theory. 2. Describe the fundamental determinants of economic growth. 3. Discuss the fundamental factors that contribute to a nations economic development. 4. What is the aggregate demand curve? Explain the forces that influence the shape of the aggregate demand curve. 5. What is the aggregate supply curve? Explain the shape of the short-run and the long-run aggregate supply curves. 6. Discuss the meaning of the long-run equilibrium for the economy as a whole. 7. Explain the consumption function. Describe factors that cause a movement along the consumption function and/or a shift in the whole consumption function. 8. Describe the short-run determination of equilibrium real GDP and the price level in the classical model. 9. Describe how equilibrium real GDP is established in the Keynesian model. 10. Explain the key determinants of consumption and saving in the Keynesian model. 11. Distinguish between Autonomous Expenditure and Induced Expenditure and explain how real GDP influences expenditure plans. 12. Discuss ways in which crowding out can reduce the the impact of the multiplier. 13. Explain fiscal policy time lags and why they complicate efforts to engage in fiscal fine-tuning. 14. Describe how certain aspects of fiscal policy function as automatic stabilizers for the economy. 15. Explain the expenditure multiplier and its impact on GDP. 16. Define the fundamental functions of money and identify key properties that any good that functions as money must possess.