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1. ECO 561 Week 2 Assignment Government
Interventions (Unemployment Insurance) NEW
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ECO 561 Week 2 Assignment Government
Interventions (Unemployment Insurance) NEW

2. The theory of market economies emphasizes
freedom of choice and limited government
intervention. The classic argument for government
intervention is market failure - the inability of the
market economy to correct itself from a
dysfunctional state (such as the Great Depression).
Students will examine articles from the University
library to analyze real-world examples of U.S.
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government intervention programs and apply
current week readings to make intelligent
conclusions about the economic policies.
Examples of intervention programs you may
select, but are not limited to:
US agriculture support programs

3. Low income support programs (Food Stamps,
Earned Income Tax Credit, Child Tax Credit,
and Temporary Assistance to Needy Families)
Medicaid, Children's Health Insurance
Program, The Affordable Care Act (Obamacare)
Low-income rent controls and housing vouchers
Government promotion of renewable energy
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sources to discourage use of fossil fuels such
as
coal and oil
Unemployment Insurance
Bailout of U.S. banks and other financial
institutions during the Great Recession

4. Bailout of U.S. auto makers during the Great
Recession
Social Security retirement benefits
Develop a minimum 10-slide Microsoft®
PowerPoint® presentation including detailed
speaker notes or voiceover including the
following:
Describe the intervention and detail its
history.
7/A/A/A/ prnRfil a<Kicmmpnt cornAnalyze the arguments for government
intervention as opposed to arguments for market-
based solutions. Hint: See the information in our
course textbook on market failures.
Examine who may be helped and who may be hurt
by the selected government intervention.
Examine externalities and/or unintended
consequences of such intervention.

5. Determine the cost trend of the intervention
program since its implementation including
whether costs are increasing, decreasing, or vary
with the state of the economy.
Evaluate the success or failure of the
intervention in achieving its objectives and
develop
conclusions.
ht
Recommend whether the program should be
continued as is, discontinued, or modified
and defend your recommendation.
-m
Note: The use of tables and/or charts to display
economic data over the time period discussed is
highly encouraged. However, if your source
includes the copyright symbol, which looks like
this: ©, then you should not copy any table and/or
charts from that source. You could use, but are not
required to use, charts/graphs retrieved from the

6. Federal Reserve Bank of St. Louis FRED web site as
long as the data sources used by FRED to create
those charts are government sources such as the
Bureau of Economic Analysis or the Bureau of
Labor Statistics.
Cite a minimum of three scholarly, peer-reviewed
references.
Format your paper consistent with APA
guidelines.
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Examine externalities and/or unintended
consequences of such intervention.
Determine the cost trend of the intervention
program since its implementation including
whether costs are increasing, decreasing, or vary
with the state of the economy.

7. Evaluate the success or failure of the intervention
in achieving its objectives and develop
conclusions.
/ / r* A
ht Recommend whether the program should be
continued as is, discontinued, or modified
and defend your recommendation.
Note: The use of tables and/or charts to display
economic data over the time period discussed is
highly encouraged. However, if your source
includes the copyright symbol, which looks like
this: ©, then you should not copy any table and/or

8. charts from that source. You could use, but are not
required to use, charts/graphs retrieved from the
Federal Reserve Bank of St. Louis FRED web site
as long as the data sources used by FRED to create
those charts are government sources such as the
Bureau of Economic Analysis or the Bureau of
Labor Statistics.
Cite a minimum of three scholarly, peer-reviewed
references.
httD://www.eco561assignment.com
Format your paper consistent with APA
guidelines.