Answer Happy

Writing a short essay (font size 12, 1.5 spacing, 2-3 pages) analyzing current events through the lens of an economic model learned in class. o Read articles (for example, from the New York Times, Wall Street Journal, Financial Times, vox, Economist) to get some ideas. If you use and discuss macroeconomic variables, clearly define them, and if necessary, find the data. Feel free to use graphs from the models we discussed. • A few examples (that might be especially relevant to the economic impacts from the Covid-crisis) The US labor market: How are the unemployment rates and labor force participation rates changing? Should we be worried about the patterns we observe in the data? How can the government help? [Chapters 2,7] o Trade policies: How did the increased trade barriers (e.g., tariffs) impact the US trade deficit? How does it impact workers and consumers? (Chapters 6, 14] o Technological growth: How does the institutional protection of property rights impact technological growth of countries? (Chapters 8, 9) Monetary and fiscal policies: What are the policies that the US (or European) government is implementing to help the economy during the Covid crisis? What are their effects? [Chapters 11, 12, 13]