4 PowerPoint Slides- Short-Run Economic Fluctuations
Short-Run Economic Fluctuations
Objectives:
Instructions
Assignment Files
Grading
Purpose of Assignment
Students will example the model economists use to analyze the economy's short-run fluctuations--the model of aggregate demand and aggregate supply. Students will learn about some of the sources for shifts in the aggregate-demand curve and the aggregate-supply curve and how these shifts can cause fluctuations in output. Students will be introduced to actions policymakers might undertake to offset such fluctuations. Students will see why there is a temporary trade-off between inflation and unemployment, and why there is no permanent trade-off.
Assignment Steps
Resources: National Bureau of Economic Research
Select an organization your team is familiar with or an organization where a team member currently works. General Motors
(Our bullet points have nothing to do with the organization we pick, it is just for selection purposes)
Create a 15- to 20-slide Microsoft® PowerPoint® presentation to present to the organization's Executive Committee.
Include the following items:
Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run.
Explain economic fluctuations and how shifts in either aggregate demand or aggregate supply can cause booms and recessions using the model of aggregate demand and aggregate supply.
Explain how monetary policy affects interest rates and aggregate demand. 2 slides
Analyze how fiscal policy affects interest rates and aggregate demand. 2 slides
Evaluate why policymakers face a short-run trade-off between inflation and unemployment.
Evaluate why the inflation-unemployment trade-off disappears in the long run.
Each bullet point shall consist of a minimum of 2 PowerPoint slides. Slides shall include in-text citations, at least one picture, and references due by Saturday, Insert notes with in text citations.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
Materials
Short-Run Economic Fluctuations Grading Guides
Short-Run Economic Fluctuations
Learning Team D
Eco / 372
March 20, 2017
Professor Muhammad Bashir
Introduction
Three key facts about short-run economic fluctuations and how the economy in the short-run differs from the long run.
Shift in either aggregate demand or aggregate supply can cause booms and recessions using the model of aggregate demand and aggregate supply.
Affects of monetary policy on interest rates and aggregate demand.
Affects of fiscal policy on interest rates and aggregate demand.
Policymakers and the short-run trade-off between inflation and unemployment.
Why inflation-unemployment trade-off disappears in the long run.