Irvine Macroeconomics Paper

 

 

This is a report only needs to cover the BASIC macroeconomics(AP Macroeconomics level) knowledge such as topics like “GDP, Price Indexes and Inflation”, “Unemployment and Inflation”, “Long-run Economic Growth”, “Aggregate Demand and Aggregate Supply” and so on.

In this assignment you will choose a topic from the list below.

-Federal reserve system and monetary policy

Reference: https://www.federalreserve.gov/monetarypolicy.htm

Things you may want to explore: conventional and unconventional monetary policy, history and structure of the Fed, mandates and functions of the Fed

-US national income and product accounts, and macroeconomic indicators

Reference:https://www.bea.gov/resources

Things you may want to explore: NIPAs, data collection, different measures of national income

you can also study different price indexes and unemployment rates

-US federal budget and fiscal policy

Reference: https://www.cbo.gov/topics/budget

Things you may want to explore: budget deficits, fiscal policy, implicit liabilities

-International economic organizations: IMF, World Bank and WTO

Reference: their websites

Things you may want to explore: history of global economy and economic cooperation, roles of the key international economic organizations

-European economy and the Euro area

Reference: https://www.ecb.europa.eu/home/html/index.en.html

Things you may want to explore: the Euro, European debt crisis, European central bank, fiscal austerity