Instruction
Please write 1 to 2 pages (between 650 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.
Due date TOMORROW morning USA EST
Grading Rubric:
1. A cover page include only the exact research paper topic (from the following topics) and your name- 10 points
2. Length- 40 points.
3. Detail of explanation- 40 points.
4. Accuracy of explanation- 40 points.
5. Examples (and diagrams if applicable) - 10 points
6. Reference - 10 points.
Total: 150 points.
Topics:
1. What is GDP? How do we measure it? Explain.
2. What isn't measured by GDP? Explain.
3. Explain inequality in income per capita in the US and around the world.
4. Describe the aggregate production function.
5. Define economic growth and explain patterns of growth around the world.
6. How does a nation's economy grow? Explain.
7. Describe proximate and fundamental causes of prosperity.
8. Explain the role of institutions in economic growth.
9. Define unemployment and describe different types of unemployment.
10. Describe the credit demand curve, the credit supply curve, and the equilibrium in the credit market.
11. What is money? Explain various types of money and different functions of money.
12. What is business cycle? Explain.
13. Describe macroeconomic equilibrium and economic fluctuation.
14. Explain the medium-run macroeconomic equilibrium: Partial Recovery and full recovery.