Instruction
One written team report and presentation. The purpose of this project is to apply economic theories and concepts in analyzing and solving the real world issues and problems. Each team will also learn to write a report and to make an oral presentation. The written report should be structured as follows: a. Outline and background of the macroeconomic event or policy decision. b. Causes c. Policies d. Effects of Policies e. Critical evaluation of the policies Potential Topics
-Financial and housing market crisis -Social security-Tax changes (income tax, inheritance, tax, profit tax)
-Unemployment benefit policy
-Government spending changes -Current economic events (gasoline prices,
Michigan unemployment, etc.)
-Budget deficits and debt -Minimum wage-Energy policy
-Globalization and trade blocks (outsourcing, exchange rates and trade deficits, etc.)
-Economic growth of emerging nations -Globalization and income inequality-Energy prices
-Technology change and economic growth
-Green energy
-Competitive advantage
-Environmental policy -Health care-Interest rate changes Initial and final written report: Each team is required to turn the report in at the time of the class presentation. Each team should revise its report with the feedback from the class discussions and prepare a final report.