Instructions:
To contact your partner for the assignment: Go to ‘Tools’, then ‘Groups’, then select your assignment, then email your partner through D2L to make contact. Any member of your group can submit the written assignment on your group’s behalf.
Conduct research from viable and credible sources such as and not limited to economic journals, periodicals, books, data base, and websites. Write a paper on any of the topics listed below. The paper should be submitted/uploaded via D2L by midnight on 4/22/18; any late assignment will be subject to a letter grade reduction unless an extension has been negotiated with the professor prior to the due date. Make sure to have no less than five sources to support your ideas. In addition, include in-text citations, statistics and graphs to support the credibility of your writing.
In this written assignment, the quality of your writing and the application of APA format will be evaluated in addition to your content. Evaluation based on these criteria is designed to help prepare you for your college projects, which must be well written and follow APA guidelines. Each written group assignment should contain a minimum of 2000 words, but no more than 2500 words. Make sure that you use correct spelling, grammar, and punctuation. Including graphs and/or tables absolutely adds to your final product.
Instead of an abstract, state which sections each group member worked on.
Please choose only one of the following topics:
A) Supply side economics has been marketed as the way to grow the U.S. economy. Kansas is the most recent case of this philosophy. Fully explain the motivation behind the Kansas experiment and the intended effects. Highlight the actual effects and state whether Governor Brownback’s plan has been a success. Please make reference to economic theory and how they apply to this scenario. Include data and/or graphs in order to maximize your score.
B) Recent European economic news has focused around Brexit. Please write about some of the pros and cons of Brexit. In addition, please write about mainly some of the theoretical impacts that are expected as a result of Brexit. Please make reference to economic concepts and how they apply to this scenario. Include economic data and/or graphs in order to maximize your score.
C) Chile is noted as one of the few economic successes of Latin America. Please make reference to some of the economic policies Chile has implemented over the past three decades and how they have contributed to economic growth. Why has their growth declined in recent years? Please make reference to economic concepts and how they apply to Chile. Include economic data and/or graphs in order to maximize your score.
D) As China’s economic success is celebrated by the Chinese, it is often criticized by the rest of the world. What are some of the economic reasons that have fostered China’s economic growth of the last three decades? Many people have called China a cheater. What do they mean? How might China have cheated their way to success? What has been the U.S. response to China’s recent success and the expected results? Please make reference to economic concepts and how they apply to China. Include economic data and/or graphs in order to maximize your score.
E) What’s so wrong with Greece? Greece has encountered economic turmoil recently. How has their economic growth differed from other nations in the European Union? What have been some of the causes and possible solutions to Greece’s economic trouble? Please make reference to economic concepts and how they apply to Greece. Include economic data and/or graphs in order to maximize your score.
F) Zimbabwe was once considered to be the bread-basket of Africa. What are some of the major government policies that have ruined this economy? Make sure to note where policies have diverged from sound economic theory.
G) Oil is considered to be a blessing and a curse. Discuss some of the similarities and differences of two oil producing countries in OPEC. Make sure to mention economic policies that have lead to economic growth and how. Also discuss policies that have lead to economic decay and how.
H) Recent developments of Catalonia’s vote to ‘Exit’ Spain has caused some turmoil. What are some of the economic implications for Spain of Catalonia’s Independence? What are some of the economic implications for Catalonia if they do become independent? Which do you think is the better decision and why? Make sure to support you thoughts with relevant research.
F) The most recent recession was titled the Global Recession. From the U.S. perspective, identify the causes of the recession. What are some of the factors that caused it to be considered a global recession? What were the U.S. government’s responses (if any) to the recession? If you were a member of President Obama’s economic advisers, would you have provided advice to respond any differently to the recession? Make sure to apply economic theory in each aspect of your responses, be coherent and clear. Include economic data and/or graphs in order to maximize your score.