Counter-Cyclical Policies
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ECO561-Week-5-Rubric.doc|
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ECO/561 Week 5 Assignment Rubric
Individual Assignment: Effectiveness of the Counter-Cyclical Policies
Purpose of Assignment
This assignment addresses how both monetary and fiscal policies have been used during the so-called Great Recession, which began in December 2007 and ended in June 2009, to the present to moderate the business cycle. Resources Required
Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.
Grading Guide
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Content |
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Selected an industry that suffered heavy losses during the Great Recession and produced an Excel® Workbook including the following data from December 2007 to the present: · One dataset related to the U.S. housing industry such as housing starts, the FHFA housing price index, or another dataset of your choice related to the housing market. · One dataset related to personal or household income or to personal or household saving. · One dataset related to the labor market such as the unemployment rate, initial claims for unemployment insurance, or another dataset of your choice related to the U.S. labor force. · One dataset related to production and business activity within the market or industry you choose to analyze. 15 points |
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Using data results analyzed the economic and sociological forces that drove the market equilibrium to unsustainable heights, commonly referred to as "bubbles," and the shocks that brought the markets back down. 10 points |
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Discussed specific changes in supply and demand within the markets and/or industries you chose to analyze. 10 points |
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Determined whether specialization of industry had any influence on the impact of the recession. 10 points |
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Examined prior government policies and legislation that might have exacerbated the impact of the shocks. Also, discuss government actions/regulations that might be undertaken, and/or have been undertaken, to moderate the effects of extreme economic fluctuations. 15 points |
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Evaluated the actions of the federal government (fiscal policy) and the Federal Reserve (monetary policy) to restore the economy and foster economic growth. Based your evaluation on information available at Internet sources such as, but not limited to, the Fed's The Economy Crisis and Response website as well as other appropriate sources found on the Internet and in the University Library. You did address the effectiveness of those counter-cyclical policies. 20 points |
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The analysis is a minimum of 1,050 words in length. 5 points |
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Total Available |
Total Earned |
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85 |
#/85 |
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Writing Guidelines |
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Not Met |
Comments: |
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The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. 10 points |
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Intellectual property is recognized with in-text citations and a reference page. 10 points |
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Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. 5 points |
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Sentences are complete, clear, and concise. 5 points |
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Rules of grammar and usage are followed including spelling and punctuation. 5 points |
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Total Available |
Total Earned |
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35 |
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Assignment Total |
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120 |
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Additional comments:
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