Order ID:89JHGSJE83839 | Style:APA/MLA/Harvard/Chicago | Pages:5-10 |
Instructions:
Write a four-page, double-spaced, 12-point Arial font paper detailing the evolution and implementation of Keynesian Macroeconomic policies, as well as your understanding gained from reading the textbook’s final chapters on Fiscal and Monetary Policies. Cite historical examples of successful Keynesian policies in action, such as the Great Depression and the financial system’s Great 2007-09 Recession. Compare and contrast why Keynesianism failed to succeed during the stagflation of the 1970s.
Why do you believe Keynesian ideas failed to be effective at the time, and what economic rationale supports Keynes?
Include at least three sources in your reaction paper, which should be listed on a third page titled “Works Cited.” When the nation experiences a short-run volatility in GDP and employment due to the advent of a recession/depression or high inflation, consider in terms of Keynesian expenditures to stimulate AD.
Try to reason rationally about what the fiscal policy toolexpansionary or contractionaryaims to achieve in the macro economy in terms of FE GDP and employment levels. In your narrative, you can utilize in-text citations or footnotes. To illustrate your claims, you might want to use the Keynesian AD AS Model to show visually episodes of expansionary and contractionary fiscal or monetary policy.
RUBRIC |
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Excellent Quality 95-100%
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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. |
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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. |
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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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Principles of Macroeconomics |