ECON 301 US Economy and The Great Recession

ECON 301 US Economy and The Great Recession

Table of Contents

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Instructions

ECON 301 US Economy and The Great Recession

Instructions

NOTE: The following article may be found by clicking on the link or copying and pasting it into your browser.

Fed’s ‘Operation Twist,’ Explained In 4 Easy Steps

Note: Robert Smith has an Operation Twist explainer on Wednesday’s Morning Edition, complete with soundtrack. The story’s attached above.<o:p></o:p>

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NOTE: The following article may be found in the APUS library system.

McCallum, B. T. (2010). ALTERNATIVES TO THE FED?. CATO Journal, 30(3), 439-449.

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YouTube Video: Quantitative Easing

(Note: This version has two “non-academic” words in it at 2:06 and 3:17, so if you don’t want to hear them, you should use the following “edited” link)

Quantitative Easing

(This is the slightly edited version with the two instances of “non-academic” language removed.This edit does not affect the content of the video.)

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Assignment: Read the articles “Fed’s ‘Operation Twist,’ Explained in Four Easy Steps,” and “Alternatives to the Fed?”and watch the YouTube video explaining Quantitative Easing (you’ll love this ). Then find additional articles in the library on the topic of America’s economic issues from 2008 to the present. Write a 500 to 750 word paper in APA format responding to the following questions.

1.1.Classify the U.S. economic system.

2.2.What were the immediate causes of the significant downturn (commonly referred to as the great recession of 2008)?

3.3.What has the U.S. government attempted to do to correct the situation?

4.4.Were the government’s steps effective? Why not, or how so?

Class Readings Discussion

Assigned Readings:

Chapter 11. Foreign Exchange, Trade, and Bubbles.

Chapter 12. More Realistic and Complex Pricing.

Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.

ECON 301 US Economy and The Great Recession

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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