Select an economic problem mentioned in the textbook as the topic for a policy recommendation.
- Write a six to eight (6-8) page paper modeled as a policy recommendation in which you:
- Briefly describe the economic problem you have selected.
- Assess the impact the problem poses to society.
- Design an economic policy solution to the problem.
- Analyze the economic theory used to complete the policy solution and determine the impact on the appropriate stakeholders.
- Analyze how the economic policy proposed would impact the market or solve the economic problem.
- Use at least five (5) quality academic resources.
The specific course learning outcomes associated with this assignment are:
- Analyze the economic impact of major social problems and issues such as poverty, discrimination, crime, income distribution, the role of government, and other major issues.
- Assess how the economic behavior of individuals, businesses, and governments can affect economic growth, social well-being, and the quality of life.
- Use economic analysis to describe the social costs and benefits of government and public policy choices.
- Analyze the relationship between economic activity and the resources available in a society.
- Appraise the role of large firms in terms of economic performance and social impact.
- Assess the major economic and related social issues associated with production, resource markets, and international trade.
- Use technology and information resources to research economic problems and issues.
- Write clearly and concisely about economic problems and issues using proper writing mechanics.