Your Perfect Assignment is Just a Click Away

We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!

glass
pen
clip
papers
heaphones

University of Oklahoma Idea of Advising the President Discussion

University of Oklahoma Idea of Advising the President Discussion

Question Description

I’m working on a macro economics question and need guidance to help me learn.

Macroeconomic Policy

As you have learned in the last chapters, policymakers have important decisions to make about whether and how to take actions designed to change conditions in the macroeconomy. This is not an easy task! There are many considerations – Is the economy doing well on its own? If not, would policy help? What kind of policy – monetary, fiscal, both? Is the economy in an expansion or a recession? Should we engage in expansionary policy or contractionary policy? What particular type of action should we take? If monetary, do we buy bonds or sell bonds? If fiscal – should we change taxes or government spending? And should the change be an increase or a decrease? For all policy actions, remember how important timing is to taking the appropriate action in a way that will accomplish the intended outcome (to the extent that policymakers can influence it).

Take a few moments to look at this video review of macroeconomic policy hosted by your friend, and mine, Mr. Clifford. Take the time to test yourself before you take on this last discussion assignment. (Remember that the AS curve that Mr. Clifford refers to shifting as the economy self-corrects is the SRAS.) CAUTION: Remember that not every action taken by the President and Congress constitutes discretionary fiscal policy – review this in addition to how policy works in the AD/AS model.

Fiscal and Monetary Policy Review

So now, since you’ve learned a bit about policy, and the difficulties associated with its implementation, your task for this discussion is perhaps the most challenging one.

In your initial post, you are to write to either the President (on fiscal policy) or to the Chair of the Federal Reserve (on monetary policy) (this means you need to address your post!) describing a specific policy action that you believe should be taken at this moment in time (e.g., lower taxes or buy bonds) and explain why you would take the action (what is currently happening in the economy and what will this action accomplish?). Your thoughtful post (of between 200 – 400 words) is due by Monday April 19 at 5pm. You can learn about the current state of our economy by consulting newspapers or news websites. To make this post, Click “Reply” to these instructions. Remember to include your word count. You must make your own post before you will see those of your classmates – all attempts to circumvent this requirement will result in an automatic 10-point deduction from your score (this assignment is worth 40 points).

Then, read through your classmates’ posts and respond to at least two of them (in no more than 100 words each) by Wednesday April 21 at 5pm. Your responses should be of one of these two types: either carefully explain why you disagree with your classmate’s policy recommendation or carefully explain why you agree with your classmate’s policy recommendation. However, you must respond as the person your classmate wrote to – the President or the Chair of the Federal Reserve (this means you need to sign your responses!). The nature of your agreement/disagreement can be either the policy direction (expansionary or contractionary) or the policy tool (monetary or fiscal). To make these posts, Click “Reply” to your classmate’s post. Remember to include your word counts.

Remember (this is a good time to review) the rules of Netiquette! We will evaluate all of your postings for the required content, as well as spelling and grammar. You must provide word counts for us! This may be easier to do if you prepare your posts using a word processor and then copy the text into this discussion. But don’t worry, we are not going to grade you on whether your policy choice is correct – the point of this discussion is to see how well you can make your case, not whether it is the right move for the economy. As you have learned by now we might not know the answer to the question of whether the policy move is correct because of timing, ideology, etc.!

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Executive Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Executive Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Executive Papers is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Executive Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.