Demonstrate the application of macroeconomic theory as


Your topic summary and proposed outline of your idea for the paper is due in Module 3, a draft of the paper is due in Module 6, and the final paper is due in Module 9. Here is a checklist that you may find helpful.

- The objective of the assignment is to demonstrate the application of macroeconomic theory as presented in Arnold to a current topic you have chosen. It is the application of the theory that is important; this is not just a research paper which describes a current situation with some economic features.

- The selected topic must be one that relates to macroeconomics; that is, any of the subjects listed in the Arnold table of contents under macroeconomics, for example, monetary policy. Microeconomic topics and analysis are not acceptable for a macro class.

- The paper should not be long. Provide enough information and detail on your chosen topic to serve as the basis for economic analysis. The topic must be relatively current; an analysis of some past event is not acceptable.

- Show how the theory you've learned from the course and presented in Arnold applies to or explains the current situation. The analysis need not be complex, but must include a written explanation and a graphical analysis similar to those used throughout Arnold. Basically, you are just selecting the appropriate tools from Arnold and showing how they apply to a specific situation.

- Write a short conclusion. This might include some predictions for the future.

The paper should include the following:

- Title page
- Insert page numbers. A Running Head is fine but not necessary.
- Abstract - not required but OK if desired
- Table of Contents - not required
- Section Headings - strongly encouraged
- Citations - cite all references in the body of the text and in the Reference list.
- Plagiarism - Do not copy text from another author or Web source unless it is quoted.
- Appendices - Not necessary but may be appropriate for raw data.

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