MACROECONOMICS: EBAY ASSIGNMENT (FISCAL POLICY: GOVERNMENT EXPENDITURES AND REVENUES, BUDGET, NATIONAL DEBT)

Module 3 - Outcomes

Fiscal Policy: Government Expenditures and Revenues, Budget, National Debt

· Module

· Understand the major sources of federal government revenues and expenditures, the budget, the national debt, and deficit spending.

· Case

· Assess fiscal policy's potential impacts on the economy. Understand the major components of the federal budget regarding revenue and expenditures. Discuss the national debt and its consequences to the country. Make decisions about how to reduce the national budget deficit. Suggest ways to stimulate the economic recovery.

· SLP

· Analyze the effects of fiscal policy on the performance of your organization. Discuss changes you would like to see in fiscal or monetary policy that would be of help to your organization.

· Discussion

· Discuss U.S. tax policy and fiscal cliff.