02 Jun Question Final Project (50% of Grade due on the Last Day of Class
Question
Final Project (50% of Grade due on the Last Day of Class)
The Final Project is designed to engage you in the work of macroeconomists. Typically policymakers requests advice from economists in the form of a memorandum(memo). For your memo, you should divide the paper into 4 separate sections bulleted below:
? Executive Summary
? State of the Economy
? 2 Short-Term Policy options to address areas of concern in the economy
? 2 Long-Term Policy Options to address economic growth.
For each section, you should write 2 to 4 paragraphs and support your claims with evidence presented in charts (pie or bar), graphs (time series or supply and demand graphs) and tables. These support areas may be taken from any website or notes from class that are posted on blackboard. When it is done, the memo should be between 5 and 8 pages, including graphs, charts & tables.
As for the format of the memo, in the next page I have detailed some suggestions. The only requirement I have is that your memo be printed in 12 point font and be double-spaced. Everything else is up to you. Feel free to modify it to your preference. As usual, if you have any questions, don’t hesitate to ask.
Remember also that if you work as a team, you may submit a Team Memo, but be prepared to present your project orally in class (no powerpoint presentation necessary) for about 15 minutes.
MEMORANDUM
Date: [date]
To: Presidential Candidate 2012
From: [Your full Name and/or the Names of everyone in your team]
Subject: Macroeconomic Policy Recommendations
Executive Summary (1-2 Paragraphs):
This section essentially functions as your introduction. It should summarize your assessment of the economy in terms of the 3 major “vital signs” of the economy we discussed in class [GDP, Employment & Inflation], your proposal for 2 long term economic growth policies, and your proposal for 2 short-term economic policies to deal with the current condition of the economy. There should be NO ILLUSTRATIONS in this first section of your memo. This is simply a summary and it should be no more than 2 paragraphs (up to 1 page maximum) in length.
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