Modern Monetary Theory Vs Traditional Policy
In a six pages essay, compare and contrast MMT to traditional policy and pros and cons supported by references and commentary.
Read Stephanie Kelton’s The Defecit Myth” (june 2020).
Begin your research on the arguments for and against Kelton’s MMT (Modern Monetary Theory)
google scholar
academic journals and articles, commentary, interviews.
Grading Rubric
Excellent (4) | Good (3) | Needs Improvement (2) | Poor (1) | |
Language/Spelling/
Grammar |
Essay has no spelling or punctuation errors and very few grammatical errors. Very well written and excellent use of business language. | Essay has a few punctuation or spelling errors. Few grammatical errors that don’t affect meaning. Well written and use of business language is acceptable. | Essay has some punctuation or spelling errors. Some grammatical errors but generally don’t affect meaning. Language is satisfactory overall but use of more appropriate business language is required. | Essay has numerous punctuation or spelling errors. Numerous grammatical errors that affect meaning. Language used is unprofessional and not appropriate for business use. |
Essay Organization and Formatting | Relevant sections are included, and each is organized effectively. Formatting is professional and consistent and includes all required elements. | Relevant sections are included but could be a little better organized. Formatting is acceptable and/or one or two required elements are missing. | Relevant sections are included but organization could be improved. Formatting is inconsistent and/or many elements are missing or not formatted appropriately. | Sections are missing and/or poorly organized. Formatting is messy and unprofessional. |
Content/Thinking | Content is comprehensive and detailed. Thinking and ideas are presented clearly, are engaging and thorough. | Content is sufficient. Thinking and ideas are clear but could be expanded to be more thorough. | Content is fairly basic and/or thinking and ideas lack some clarity and depth. | Content is very basic and thinking and ideas are superficial and lack clarity. |
TOTAL |
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