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ECO 202
Milestone Three Guidelines and Rubric: Monetary Policies

Continue your observation of the
10-year period selected for Milestones One and Two, and research the government
monetary policies during that timeframe.

Specifically, the following critical elements must be addressed:

•
Examine the monetary policies in place at the start of your specific time period in
relation to their effects on macroeconomic issues. For instance, consider the
discount rate set by the Fed, the rates on reserves, open market operations,
and so on.

Critical Elements

Proficient (100%)

Needs Improvement (75%)

Not Evident (0%)

Value

Monetary Policies

Examines the monetary policies in place at the start
of the selected time period in relation to their effects on macroeconomic
issues, and provides information in speaker notes

Examines the monetary policies in place at the start
of the selected time period, but does not relate them to their effects on
macroeconomic issues, or does not provide information in speaker notes

Does not examine the monetary policies in place at
the start of the selected time period

30

Policy Actions

Analyzes new monetary policy actions undertaken by
the U.S. government throughout the time period by describing their intended
effects, uses macroeconomic principles to explain the actions, and provides
information in speaker notes

Analyzes new monetary policy actions undertaken by
the U.S. government throughout the time period, but does not describe their
intended effects, does not use macroeconomic principles to explain the
actions, or does not provide information in speaker notes

Does not analyze new monetary policy actions
undertaken by the U.S. government throughout the time period

30

•
Analyze new monetary policy actions undertaken by the U.S. government throughout the
time period by describing their intended effects, using macroeconomic
principles to explain the actions.
•
Explain the impact
of the new monetary policy actions on individuals and businesses within the
economy by integrating the macroeconomic data and principles.

Guidelines for Submission:Your monetary policies milestone should
be 3–5 slides, not including title or reference slides, and include speaker
notes to accompany the slides. Your reference list slide needs to be in APA
format.

ECO 202 Final Project Guidelines and Rubric

Overview
The final project for this course
is the creation of economic history analysis presentation. Macroeconomics is
the part of the study of economics that is concerned with the aggregate or the
whole. Macroeconomics provides us with tools and methods to understand how our
economy works as a whole. It deals with economy-wide issues such as price
levels, employment, national income, and growth. As a student of
macroeconomics, you will learn how to understand the changes occurring
throughout our economy and how our economy is influenced by our decisions, by
our government, and by other countries.

In this assignment, you will
perform an in-depth analysis of a 10-year period in U.S. economic history between
1950 and today. In your analysis, you will examine macroeconomic data, basic
macroeconomic principles, government actions, and historical/current events to
give a clear and comprehensive picture of your chosen time period and detail
how they are related to one another.

The project is divided into three milestones, which will be
submitted at various points throughout the course to scaffold learning and
ensure quality final submissions. These milestones will be submitted in Modules Two, Four, and Five.The final
project will be submitted in Module
Seven.

In this assignment, you will
demonstrate your mastery of the following course outcomes:

• Apply
macroeconomic models to historical and current events for drawing connections
between the events and their economic impact
• Determine
the effects of government intervention and fiscal and monetary policy actions
for their impact on the economy
• Analyze
macroeconomic data for their implication to economic outcomes and forecasting ? Analyze
macroeconomics trends and government policies for their influence on industries
and households

Prompt
For this assignment, you will
first need to choose a 10-year period in U.S. economic history between 1950 and
today. You will then present the data collected from government sources related
to a variety of macroeconomic phenomena and analyze them in conjunction with
the models and core principles to explain the economy-wide changes during your
chosen time period. You will also examine the events of the time in their relation
to the macroeconomic issues as well as the corresponding government actions
taken (fiscal and monetary policies) to address the issues. The final
presentation should be 15–20 slides using PowerPoint, Prezi, Keynote, or
PreZentit, including title and reference slides. Be sure to include speaker
notes to accompany the data and graphs, information, and explanations presented
on the slide.

Specifically, the following critical elementsmust be addressed:

I.
Examinationof
Macroeconomic Data (Be sure to include speaker notes to accompany all of your
responses.) a) Gross Domestic Product (GDP)and Growth
i.
Analyze the annual GDP during the time frame to
calculate specific growth rates and
trendsin the U.S. economy.

ii.
Choose two or three of the most relevant historical
and/or current events during this time period that impacted the U.S. economy.
Apply specific models developed throughout the course to demonstrate how these
events influenced national outputduring
this time. b) Unemploymentand Inflation
i.
Analyze unemployment and inflation data during the time
frame in their relation to output and
growth, using macroeconomic principles and models to explain their effect.
ii.
Apply specific models developed throughout the course
to demonstrate how the previously selected historical and/or current events influenced both unemployment and
inflation during this time.
c) Analyze interest rate fluctuationsthroughout
this time period and their effects on other aspects of the economy. How would
these fluctuations affect inflation? Would investments and foreign trade rates
increase or decrease? How would the GDP of the American economy be affected?
d) Foreign
Trade
i.
Analyze data representing levels of U.S. imports and exportsduring this time.
How do they relate to other economic outcomes such as the GDP, foreign exchange
rates, and so on?
ii.
Apply specific models
developed throughout the course to demonstrate how domestic and foreign
events (e.g., wars, changes in trade barriers, development abroad) have
impacted the level of and changes in imports and exports in the United States.

II.
Government
Policies(Be sure to include speaker notes to accompany all of your
responses.) a) FiscalPolicy
i.
Examine the fiscal policies
in place at the start of your specific time period in relation to their
effects on macroeconomic issues. For instance, consider level of government
spending, taxation, subsidies, unemployment benefits, and so on.
ii.
Analyze new fiscal policy
actionsundertaken by the U.S. government throughout the time period by
describing their intended effects, using macroeconomic principles to explain
the actions. iii. Explain
the impactof the new fiscal policy
actions on individuals and businesses within the economy by integrating the
macroeconomic data and principles.
b) Monetary
Policy
i.
Examine the monetary policiesin place at the start of your specific time period in
relation to their effects on macroeconomic issues. For instance, consider the
discount rate set by the Fed, the rates on reserves, open market operations,
and so on.
ii.
Analyze new monetary policy actionsundertaken by the U.S. government throughout the
time period by describing their intended effects, using macroeconomic
principles to explain the actions. iii. Explain
the impactof the new monetary
policy actions on individuals and businesses within the economy by integrating
the macroeconomic data and principles.
III.
Conclusion(Be
sure to include speaker notes to accompany all of your responses.)
a) Summarize
the overall trends and outcomesof
this 10-year period by integrating the data, economic models, and historical
analysis.
b) Defend
your agreement or disagreementwith
the actions taken by the U.S. government during this time based upon your
analysis and application of the macroeconomic theories.

Milestones
Milestone
One: Macroeconomic Data Report
In Module Two, you will submit the first three sections of your final
project as outlined in Section I, parts a), b), and c).

1) Choose
a 10-year period in the history of the U.S. between 1950 and today. All
responses will be related to that timeframe. a) Gross Domestic Product (GDP) and Growth
i.
Analyze the annual GDP to calculate specific growth
rates and trends in the U.S. economy.
ii.
Choose two or three of the most relevant events from
this time period that impacted the U.S. economy. Apply specific models
developed throughout the course to demonstrate how these events influenced
national output during this time period. b)
Unemployment and Inflation
i.
Analyze unemployment and inflation data as to their
relation to output and growth, using macroeconomic principles and models to
explain their effect.
ii.
Apply specific models developed throughout the course
to demonstrate how the previously selected events influenced both unemployment
and inflation during this time period.
c) Analyze interest rate fluctuations
throughout this time period and their effects on other aspects of the economy.
How would these fluctuations affect inflation? Would investments and foreign
trade rates increase or decrease? How would the GDP of the American economy be
affected?

2) Present
your research with 4–6 slides in PowerPoint, Prezi, Keynotes, or PreZentit, not
including title page and references.Be sure
to include speaker notes to accompany all of your responses.

3) Apply
APA formatting to citations and references.

This milestone will be graded with the Milestone One Rubric.

Milestone Two: Fiscal Policies In Module Four, you will submit a section of your final project
pertaining to fiscal policies as outlined in Section II, part a).

1)
Continue your observation of the 10-year period
selected for Milestone One, and research the government policies implemented
during those years. a) Fiscal
Policy
i. Examine the fiscal policies in place at
the start of your specific time period in relation to their effects on
macroeconomic issues. For instance, consider level of government spending,
taxation, subsidies, unemployment benefits, and so on. Analyze new fiscal
policy actions undertaken by the U.S. government throughout the time period by
describing their intended effects, using macroeconomic principles to explain
the actions. ii. Explain the impact
of the new fiscal policy actions on individuals and businesses within the
economy by integrating the macroeconomic data and principles.

2)
Present your research with 3–5 slides in PowerPoint,
Prezi, Keynotes or PreZentit, not including title page and references. Be sure
to include speaker notes to accompany all of your responses.

3)
Apply APA formatting to citations and references.

This milestone will be graded with the Milestone Two Rubric.

Milestone Three: Monetary Policies In Module Five, you will submit a section
of your final project pertaining to monetary policies as outlined in Section
II, part b).

1)
Continue your observation of the 10-year period
selected for Milestone One and research the Government Policies implemented
during those years. a) Monetary Policy
i.
Examine the monetary policies in place at the start of
your specific time period in relation to their effects on macroeconomic issues.
For instance, consider the discount rate set by the Fed, the rates on reserves,
open market operations, and so on.
ii.
Analyze new monetary policy actions undertaken by the
U.S. government throughout the time period by describing their intended
effects, using macroeconomic principles to explain the actions. iii. Explain the impact of the new monetary policy
actions on individuals and businesses within the economy by integrating the
macroeconomic data and principles.

2)
Present your research with 3–5 slides in
PowerPoint, Prezi, Keynotes or PreZentit, not including title page and
references. Be sure to include speaker notes to accompany all of your
responses.

3)
Apply APA formatting to citations and
references.

This milestone will be graded with the Milestone Three Rubric.

Final Project: Economic
History Analysis Presentation
In Module Seven, you will submit your final project. It will include
new research on foreign trade practices (Section I, part d), will draw
conclusions (Section III), and integrate all milestones and feedback. It should
be a complete, polished artifact containing allof the critical elements of the final product.

1) Research
and present, in 3–4 slides, foreign trade practices and policies of the 10-year
period you researched for Milestones One, Two, and Three.
a)
Analyze data representing levels of U.S. imports and
exports during this time. How do they relate to other economic outcomes such as
the GDP, foreign exchange rates, and so on?
b)
Apply specific models developed throughout the course
to demonstrate how domestic and foreign events (e.g., wars, changes in trade
barriers, development abroad) have impacted the level of and changes in imports
and exports in the United States.

2) Draw
conclusions to the research carried out throughout the course.
a) Summarize
the overall trends and outcomes of this 10-year period by integrating the data,
economic models, and historical analysis.
b)
Defend your agreement or disagreement with the actions
taken by the U.S. government during this time based upon your analysis and
application of the macroeconomic theories.

3) Incorporate
and integrate this information with the slides developed during Milestones One,
Two, and Three into a 15–20-slide presentation that covers all the critical
elements of the assignment. Be sure to include speaker notes to accompany all
of your responses.

4) Apply
APA formatting to citations and references.

The final project will be graded using the Final Project Rubric.

Deliverables

Milestone

Deliverables

Module Due

Grading

1

Macroeconomic
Data Report

Two

Graded separately; Milestone One Rubric

2

Fiscal
Policies Report

Four

Graded separately; Milestone Two Rubric

3

Monetary
Policies Report

Five

Graded separately; Milestone Three Rubric

Final
Submission: Economic History Analysis Presentation

Seven

Graded separately; Final Project Rubric

Final Project Rubric
Guidelines for Submission:Your economic history analysis
presentation should be 15–20 slides, including title and reference slides, and
include speaker notes to accompany the slides. Your reference list slide needs
to be in APA format.

Instructor Feedback:This activity uses an integrated rubric in
Blackboard. Students can view instructor feedback in the Grade Center. For more
information, review .snhu.edu/files/production_documentation/formatting/rubric_feedback_instructions_student.pdf”>these.snhu.edu/files/production_documentation/formatting/rubric_feedback_instructions_student.pdf”>.snhu.edu/files/production_documentation/formatting/rubric_feedback_instructions_student.pdf”>instructi.snhu.edu/files/production_documentation/formatting/rubric_feedback_instructions_student.pdf”>o.snhu.edu/files/production_documentation/formatting/rubric_feedback_instructions_student.pdf”>ns.snhu.edu/files/production_documentation/formatting/rubric_feedback_instructions_student.pdf”>..snhu.edu/files/production_documentation/formatting/rubric_feedback_instructions_student.pdf”>

Critical
Elements

Exemplary
(100%)

Proficient
(85%)

Needs
Improvement (55%)

Not
Evident (0%)

Value

Examination:
GDP:
Growth Rates and Trends

Meets “Proficientâ€
criteria and explains relevance of the growth rates observed

Accurately
analyzes the annual GDP during the time frame to calculate specific growth
rates and trends in the U.S. economy and provides information in speaker
notes

Analyzes
the annual GDP during the time frame to calculate specific growth rates and
trends in the U.S. economy, but analysis is inaccurate, or does not provide
information in speaker notes

Does not analyze the annual GDP during the time frame

6.4

Examination:
GDP:
Influenced National Output

Meets “Proficientâ€
criteria and offers a nuanced insight into the relationship between events
and national output

Applies
specific models developed throughout the course to demonstrate how relevant
historical and/or current events have influenced national output during the
time period, and provides information in speaker notes

Applies
specific models developed throughout the course to demonstrate how relevant
historical and current events have influenced national output during the time
period, but events chosen are not relevant, or does not provide information
in speaker notes

Does not apply specific
models developed throughout the course to demonstrate influence on national
output

6.4

Examination:

Unemployment:

Output and Growth

Meets “Proficient†criteria
and explains how data is collected and calculated

Analyzes unemployment and
inflation data during the time frame in their relation to output and growth,
using macroeconomic principles and models to explain their effect, and
provides information in speaker notes

Analyzes unemployment and inflation data during the time
frame, but does not relate analysis to output and growth, does not use
macroeconomic principles and models to explain their effect, or does not
provide information in speaker notes

Does not analyze unemployment and inflation data during the
time frame

6.4

Examination:
Unemployment: Events

Meets “Proficientâ€
criteria and offers a nuanced insight into the relationship between events,
unemployment, and inflation

Applies
specific models developed throughout the course to demonstrate how relevant
historical/or and current events have influenced both unemployment and
inflation during the time period, and provides information in speaker notes

Applies
specific models developed throughout the course to demonstrate how relevant
historical and current events have influenced both unemployment and inflation
during this time period, but events chosen are not relevant, or does not
provide information in speaker notes

Does not apply specific models developed throughout
the course to demonstrate relevant events’
influence on unemployment and inflation

6.4

Examination:
Interest Rate Fluctuations

Meets “Proficientâ€
criteria and relates fluctuations to all other factors of the economy

Analyzes
interest rate fluctuations throughout the time period and their effect on
other aspects of the economy, such as inflation, investment, foreign trade,
and the GDP, and provides information in speaker notes

Analyzes interest rate fluctuations throughout the time
period, but does not relate this to their effect on other aspects of the
economy such as inflation, investment, foreign trade, and the GDP, or does
not provide information in speaker notes

Does not analyze interest
rate fluctuations throughout the time period

6.4

Examination: Foreign
Trade: Imports and Exports

Meets “Proficientâ€
criteria and provides specific detail in presenting the data

Accurately
analyzes data representing levels of U.S. imports and exports during the time
period as they relate to other economic outcomes, and provides information in
speaker notes

Analyzes
data representing levels of U.S. imports and exports during the time period,
but does not relate data to other economic outcomes, does not provide
information in speaker notes, or analysis is inaccurate

Does not analyze data representing levels of U.S.
imports
and exports during the time period

6.4

Examination: Foreign Trade: Models

Meets “Proficientâ€
criteria and offers a nuanced insight into the relationship between events
and changes in imports and exports

Applies
specific models developed throughout the course to demonstrate how domestic
and foreign events have impacted the level of and changes in imports and
exports in the United States, and provides information in speaker notes

Applies
specific models developed throughout the course to demonstrate how domestic
and foreign events have impacted the level of and changes in imports and
exports in the United States, but events chosen are not relevant, or does not
provide information in speaker notes

Does not apply specific
models developed throughout the course to demonstrate impact of domestic and
foreign events on
foreign trade

6.4

Government Policies: Fiscal: Policies

Meets “Proficientâ€
criteria and cites scholarly research to support the relation between the
policies and the issues

Examines the fiscal policies in place at the start of the
specific time period in relation to their effects on macroeconomic issues,
and provides information in speaker notes

Examines the fiscal policies in place at the start of the
specific time period, but does not relate this to their effects on
macroeconomic issues, or does not provide information in speaker notes

Does not explain the
fiscal policies in place at the start of the specific time period

6.4

Government Policies: Fiscal: Policy Actions

Meets “Proficient†criteria and is well qualified and cites
scholarly research with specific examples and references

Analyzes new fiscal policy actions undertaken by the
U.S. government throughout the time
period by describing their
intended effects, uses macroeconomic principles to explain the actions, and
provides information in speaker notes

Analyzes new fiscal policy actions undertaken by the U.S.
government throughout the time period, but does not describe their intended
effects, does not use macroeconomic principles to explain the actions, or
does not provide information in speaker notes

Does not analyze new fiscal policy actions undertaken by
the U.S. government throughout the time period

6.4

Government Policies: Fiscal: Impact

Meets “Proficientâ€
criteria and uses concrete examples to substantiate claims and to
comprehensively describe the policy results

Comprehensively explains
the impact of the new fiscal policy actions on individuals and businesses
within the economy
by integrating the
macroeconomic data and principles, and provides information in speaker notes

Explains
the impact of the new fiscal policy actions on individuals
and businesses within the economy, but is not
comprehensive, does not integrate the macroeconomic data and principles, or
does not provide information in speaker notes

Does not explain the
impact of the new fiscal policy actions on individuals and businesses within
the economy

6.4

Government Policies: Monetary: Policies

Meets “Proficientâ€
criteria and cites scholarly research to support the relation between the
policies and the issues

Examines
the monetary policies in place at the start of the selected time period in
relation to their effects on macroeconomic issues, and provides information
in speaker notes

Examines
the monetary policies in place at the start of the selected time period, but
does not relate them to their effects on macroeconomic issues, or does not
provide information in speaker notes

Does not examine the
monetary policies in place at the start of the selected time period

6.4

Government Policies:
Monetary: Policy Actions

Meets “Proficient†criteria and is well qualified and cites
scholarly research with specific examples and references

Analyzes new monetary policy actions undertaken by the U.S.
government throughout the time
period by describing their
intended effects, uses macroeconomic principles to explain the actions, and
provides information in speaker notes

Analyzes new monetary policy actions undertaken by the U.S.
government throughout the time period, but does not describe their intended
effects, does not use macroeconomic principles to explain the actions, or does
not provide information in speaker notes

Does not analyze new
monetary policy actions undertaken by the U.S. government throughout the time
period

6.4

Government Policies: Monetary: Impact

Meets “Proficientâ€
criteria and uses concrete examples to substantiate claims and to
comprehensively describe the policy results

Comprehensively explains
the impact of the new monetary policy actions on individuals and businesses
within the economy
by integrating the
macroeconomic data and principles, and provides information in speaker notes

Explains
the impact of the new monetary policy actions on individuals and businesses
within the economy, but is not comprehensive, does not integrate the
macroeconomic data and principles, or does not provide information in speaker
notes

Does not explain the
impact of the new monetary policy actions on individuals and businesses
within the economy

6.4

Conclusion: Trends and Outcomes

Meets
“Proficient†criteria and highlights specific examples to demonstrate trends and
outcomes

Summarizes
the overall trends and outcomes of the 10-year period by effectively
integrating the data, economic models, and historical analysis, and provides
information in speaker notes

Summarizes
the overall trends and outcomes of the 10-year period, but does not integrate
the data, economic models, and historical analysis effectively, does not
apply all three elements, or does not provide information in speaker notes

Does not summarize the overall trends and outcomes of the
10- year period

6.4

Conclusion:
Agreement
or
Disagreement

Meets “Proficientâ€
criteria, and point of view is well supported and plausible

Defends whether the student agrees or disagrees with the
actions taken by the U.S. government during the selected time period based
upon student’s analysis and application of the macroeconomic theories, and
provides information in speaker notes

Defends whether the student agrees or disagrees with the
actions taken by the U.S. government during the selected time period based
upon student’s analysis and application of the macroeconomic theories, but
defense is weak, does not accurately analyze and apply theories, or does not
provide information in speaker notes

Does not defend whether the student agrees or disagrees
with the actions taken by the U.S.
government during the selected time period

6.4

Articulation of Response

Submission
is free of errors related to citations, grammar, spelling, syntax, and
organization and is presented in a professional and easy-to-read format

Submission has no major errors related to citations,
grammar, spelling, syntax, or organization

Submission has major
errors related to citations, grammar, spelling, syntax, or organization that
negatively impact readability and articulation of main ideas

Submission has critical errors related to citations,
grammar, spelling, syntax, or organization that prevent understanding of
ideas

4

Earned
Total

100%

I

 

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