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Business Finance – Economics Global economics assignments

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Assignments Week 2-6 NO AI!!!

Week 2: DUE JULY 19

The role of government in the economy is often debated by economists and businesspeople. The debate ranges from having little to no government intervention to having a strong government presence in both business and social settings.

Research and identify two government agencies, departments, or regulations where the government is heavily involved in the economy that you agree are helpful and necessary. Then, research and identify two government agencies, departments, or regulations where the government is involved in the economy, and you disagree that involvement is necessary. Rather, in these cases, you believe the free market would be better. Be specific in your selected government agencies, departments, or regulations. It may be possible to use the same government agency, department, or regulation for both sides. For example, the Environmental Protection Agency (EPA) may have regulations or interventions that you both agree and disagree with. Since EPA is used here as an example, do not use it in your assignment.

For each selected example (four total),

· Assess the government intervention, providing the pros and cons.

· Discuss whether you agree with the government intervention and provide facts to support your opinion.

· Explain thoroughly and support your rationale.

· Critique the influence of the political process (for example, lobbying) for each of your examples.

The Role of Government and the Impact of Politics paper

· Must be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA Style

· must include a separate title page with the following:

· title of paper in bold font

· Space should appear between the title and the rest of the information on the title page.

· student’s name

· name of institution

· course name and number

· instructor’s name

· due date

· must utilize academic voice

· must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.

· must use at least two credible sources in addition to the course text

Week 3: Due July 26

For this assignment, assume the role of an economic advisor to Steve Forbes. Using this week’s required resources and at least two additional credible sources, prepare an 8-10 slide audio (I WILL DO THIS) PowerPoint presentation, with speaker notes, to communicate with Mr. Forbes about the pandemic’s causes and responses.

Address the following questions in your presentation:

· What was the economic impact of COVID-19? Address any monetary and fiscal policies used during or after COVID-19.

· Has the crisis changed the structure of the U.S. economy?

· Were there differences between countries on how they handled the crisis? Provide at least one economic policy example.

· What economic advice would you give Mr. Forbes to avoid difficulties in similar situations?

In this presentation include an additional section with the following:

· Explain economic activity during or after COVID-19 using research from the library and/or an online article. Be sure to include the reference material for the article.

· Analyze the underlining fiscal and monetary policies (if any) inherent within your selected article.

· Summarize the economic principles you have learned from your selected article and how they could apply to modern government policy.

The COVID-19: Causes and Responses audio presentation

Must be eight to ten slides in length (not including title and references slides) and formatted according to APA Style

Must use at least two credible sources in addition to the course text.

Week 6 Final DUE Aug 16

Select two of the three cases presented below and prepare a three-page written analysis of each case (six pages total). These case studies provide a real-world application of the concepts you have studied during this course.

Case 1: Government Spending and Taxation

Review Special Topic 1 of Macroeconomics: Private and Public Choice.

Review Chapters 5 and 6 of Macroeconomics: Private and Public Choice.

Using the Government Spending and Taxation case, Chapters 5 and 6, knowledge you have gained in this course, and at least three additional credible sources, analyze the case by addressing the following:

Describe how government spending and the composition of the government has changed in recent decades. In other words, in what areas has the government cut spending and in what areas has the government increased spending in recent decades?

Determine if this change in government spending and composition will help Americans achieve a higher standard of living. Be sure to support all claims with research.

Assess whether democracy can survive if the majority of U.S. citizens pay little or nothing in taxes but benefit directly from increased government spending. Why or why not?

Propose the composition of government, government spending, and taxation that you believe would work best. Be specific and support your proposal with research.

Case 2: The Economics of Social Security

Review Special Topic 2: The Economics of Social Security of Macroeconomics: Private and Public Choice.

Using the Economics of Social Security case, knowledge you have gained in this course, and at least three additional credible sources, analyze the case by addressing the following:

Explain how the Social Security system’s basic principles differ from private insurance.

Determine how Social Security affects the economic well-being of the black community compared to white and Hispanic communities.

Assess if the current Social Security system promotes income equality. Why or why not?

Propose how the Social Security system could be modernized to ensure long-term solvency and fairness in distribution. Be specific and support your proposal with research.

Case 3: Keynes and Hayek: Contrasting Views on Sound Economics and the Role of
Government (Case 4 in the text)

Review Special Topic 4: Keynes and Hayek: Contrasting Views on Sound Economics and the Role of Government of Macroeconomics: Private and Public Choice.

Review Chapters 11 and 12 of Macroeconomics: Private and Public Choice.

Using the Keynes and Hayek: Contrasting Views on Sound Economics and the Role of Government case, Chapters 11 and 12, knowledge you have gained in this course, and at least three additional credible resources, analyze the case by addressing the following:

Describe briefly how Keynes’s and Hayek’s economic theory and views differ.

Contrast the two views on how savings impact the economy.

Compare the two views on whether the economy would fluctuate, more or less, over the business cycle without government intervention. Be sure to address the inherent stability of the market economy and the impact of government interventions to steer the economy.

Hypothesize on which economist theory, Keynes or Hayek, you believe is more credible and explain why. Be specific and support your hypothesis with research.

The Cases: Applying Economics to the Real World final project

Must be six to seven double-spaced pages in length (not including title and references pages and formatted according to APA Style. must utilize academic voice.

Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.

Must use
at least three credible sources in addition to the course text

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