ECO 202 Project Template Economic Summary Report Table of Contents Introduction Fiscal Policies: Taxation Fiscal Policies: Government Expenditure Monetary Policies Global Context Conclusions References Introduction For the benefit of the incoming administration, I submit this report to document, analyze, and interpret the macroeconomic policy decisions I made as the chief economic policy advisor of Econland. The purpose of this document is to further our national prosperity by deepening our understanding of the relationship between macroeconomic policies and their consequences for our citizens. The report includes a thorough accounting of the major fiscal and monetary policy decisions made over each of the seven years of my term, as well as an explanation of the underlying rationales for those decisions and the resulting impacts of those policies. Table 1.1 The table above summarizes the macroeconomic climate of Econland over my term. The scenario I ran was the “Base Case”. During my seven years as chief economic policy advisor, I was able to keep a high approval rating at 81% and kept the economy growing and kept the government expenditure constant while inflation stayed average. Fiscal Policy: Taxation Table 2.1 I kept my interest rates the same at 2.5 and adjusted my income tax by 4% and corporate tax by 1%. This decreased inflation by .5%. Because the GDP does not encompass all areas of income and purchases it is hard to track the actual growth. often this leads to lower taxes meaning high inflation, because even though people are keeping more of their income, subsequently other areas must raise their prices to make up for the lower taxes. So common goods often see a price increase when taxes are lowered. Having found that happy middle ground where there is a good balance between interest rates and income tax rates took me a few tries Fiscal Policy: Government Expenditure Figure 3.1 The first year I kept everything the same just to see the outcome of the first-year report. I took the data and made minor adjustments with lowering all taxes and keeping everything else the way it was. The idea behind this was if people can keep more in their pockets, they would spend more. The economy did grow at a high pace over one year my government deficit was large. My GDP grew from 1.0 to 6.3 and unemployment fell from 5.6 to 4.1. This means that production went up, demand went up, and people who were looking for jobs found them and started working in this first year. References Mankiw, N. G. (2021). Principles of economics (9th ed.). Cengage Learning. ECO 202 Project Template Economic Summary Report [Throughout this template, replace the content in the bracketed text with your own responses, and delete any bracketed instructions, including these.] [The Table of Contents and Introduction sections of your report are provided and should remain standard in all submissions.] [The placeholders for your data visualizati ...

1. ECO 202 Project Template
Economic Summary Report
Table of Contents
Introduction
Fiscal Policies: Taxation
Fiscal Policies: Government Expenditure
Monetary Policies
Global Context
Conclusions
References
Introduction
For the benefit of the incoming administration, I submit this
report to document, analyze, and interpret the macroeconomic
policy decisions I made as the chief economic policy advisor of
Econland. The purpose of this document is to further our
national prosperity by deepening our understanding of the
relationship between macroeconomic policies and their
consequences for our citizens. The report includes a thorough
accounting of the major fiscal and monetary policy decisions
made over each of the seven years of my term, as well as an
explanation of the underlying rationales for those decisions and
the resulting impacts of those policies.

2. Table 1.1
The table above summarizes the macroeconomic climate of
Econland over my term. The scenario I ran was the “Base
Case”. During my seven years as chief economic policy
advisor, I was able to keep a high approval rating at 81% and
kept the economy growing and kept the government expenditure
constant while inflation stayed average.
Fiscal Policy: Taxation
Table 2.1
I kept my interest rates the same at 2.5 and adjusted my income
tax by 4% and corporate tax by 1%. This decreased inflation by
.5%. Because the GDP does not encompass all areas of income
and purchases it is hard to track the actual growth. often this
leads to lower taxes meaning high inflation, because even
though people are keeping more of their income, subsequently
other areas must raise their prices to make up for the lower
taxes. So common goods often see a price increase when taxes
are lowered. Having found that happy middle ground where
there is a good balance between interest rates and income tax
rates took me a few tries
Fiscal Policy: Government Expenditure
Figure 3.1
The first year I kept everything the same just to see the outcome
of the first-year report. I took the data and made minor
adjustments with lowering all taxes and keeping everything else
the way it was. The idea behind this was if people can keep
more in their pockets, they would spend more. The economy did

3. grow at a high pace over one year my government deficit was
large. My GDP grew from 1.0 to 6.3 and unemployment fell
from 5.6 to 4.1. This means that production went up, demand
went up, and people who were looking for jobs found them and
started working in this first year.
References
Mankiw, N. G. (2021). Principles of economics (9th ed.).
Cengage Learning.
ECO 202 Project Template
Economic Summary Report
[Throughout this template, replace the content in the bracketed
text with your own responses, and delete any bracketed
instructions, including these.]
[The Table of Contents and Introduction sections of your report
are provided and should remain standard in all submissions.]
[The placeholders for your data visualizations (e.g., charts,
graphs, and tables) should be replaced with the appropriate
indicated images in each case. To create an isolated image from
the simulation data, it is recommended that you use a snipping
tool to copy and paste your data visualizations into this
template. See How to Use the Snipping Tool (Beginner’s Guide)

4. for more information if you use a PC. A captioned version of
this video is available: How to Use the Snipping Tool
(Beginner’s Guide) (CC). Or, see Is There a Snipping Tool for
Mac?]
Table of Contents
Introduction
Fiscal Policies: Taxation
Fiscal Policies: Government Expenditure
Monetary Policies
Global Context
Conclusions
References
Introduction
For the benefit of the incoming administration, I submit this
report to document, analyze, and interpret the macroeconomic
policy decisions I made as the chief economic policy advisor of
Econland. The purpose of this document is to further our
national prosperity by deepening our understanding of the
relationship between macroeconomic policies and their
consequences for our citizens. The report includes a thorough
accounting of the major fiscal and monetary policy decisions
made over each of the seven years of my term, as well as an
explanation of the underlying rationales for those decisions and
the resulting impacts of those policies.
[Replace this area with Table 3 from your simulation report.]
Table 1.1
The table above summarizes the macroeconomic climate of
Econland over my term. [Add a two- to three-sentence summary
specifying which underlying scenario you chose, as well as your
overall performance and approval ratings as the chief economic
policy advisor of Econland based on your simulation results.]

5. Fiscal Policy: Taxation
[Replace this area with an image of Table 1 from your
simulation results.]
Table 2.1
[Insert your responses to the following: Explain the intent of the
taxation policy decisions you made of your seven-year term.
What were the macroeconomic principles or models that
influenced your decision making?]
[Identify the impact of your changes to the income and
corporate tax rates. How were consumption and investment
affected by your tax policy decisions? Explain these dynamics
using specific macroeconomic principles from the course
reading.]
[Compare and contrast the impact of your tax policy decisions
with those of current or historical examples in the United
States. What do these examples demonstrate about the validity
of macroeconomic models? Be sure to cite your research
appropriately.]
Fiscal Policy: Government Expenditure
[Replace this area with an image of the “Real GDP Growth” and
“Unemployment Rates” graph from your simulation results.]
Figure 3.1
[Replace this area with an aggregate demand and aggregate
supply (AD/AS) model taken from the course reading or a
reputable online source.]
Figure 3.2
[Insert your responses to the following: Explain your decision
making regarding government expenditure and how it changed

6. based on the macroeconomic conditions. What was the intent of
your fiscal policy decisions in response to the given economic
climate?]
[Evaluate your fiscal policy decisions, including how they
impacted key macroeconomics factors such as real GDP growth
and unemployment. To what extent did your policies yield
positive or negative outcomes?]
[Refer to the AD/AS model to support your analysis in this
section of your report.]
Monetary Policies
[Replace this area with an image of the “Inflation Rate” graph
from your simulation results.]
Figure 4.1
[Insert your responses to the following: Explain how you
changed the interest rate levels and how these changes impacted
other macroeconomic factors such as inflation, consumption,
investments, GDP, and foreign trade. Provide specific examples
to illustrate.]
[Compare and contrast the impact of your monetary policies
with those of current or historical examples in the United
States. What do these examples demonstrate about the validity
of macroeconomic models? Be sure to cite your research
appropriately.]
Global Context
[Insert your responses to the following: Analyze the impacts of
openness to trade in general. Why and how are the impacts of
monetary and fiscal policies different in a closed economy
versus an open economy? Support your claims with specific
details from your course reading.]
Conclusions
[Insert your overall conclusions about the relevance and

7. significance of macroeconomics. Assess the effectiveness of
your economic policy decisions. Did your economic policy
decisions produce the anticipated results? Did your
macroeconomic principles and models behave in ways that you
expected? Provide specific examples to illustrate.]
[Evaluate how consumer confidence might have impacted the
outcomes of your policy decisions for the economy of Econland.
Why is consumer confidence a relevant factor for making
informed macroeconomic decisions?]
References
Mankiw, N. G. (2021). Principles of economics (9th ed.).
Cengage Learning.
[Add other citations as needed in APA format].
Project Guidelines and Rubric
In this project, you will demonstrate your mastery of the
following competencies:
Make decisions informed by macroeconomic principles and the
business cycle
Determine the economic impact of historical and current events
using models of macroeconomics
Assess how changes to macroeconomic policies impact the
economy
Scenario
You have just completed your seven-year term as the chief
economic policy advisor responsible for managing the economy
of the nation of Econland. You are expected to create a report
for the incoming administration. In this outgoing report, you
will summarize your macroeconomic policy decisions and the
economic outcomes for Econland. The purpose of this report is
to share the lessons you’ve learned over your term and promote

8. sound macroeconomic decision making moving forward.
Directions
First, assemble the materials that you will need to complete this
assignment:
1. Access the Macroeconomics Simulation: Econland from
Harvard Business Review and select either
the Rollercoaster or Stagnation scenarios. Once you have
completed your final year of your seven-year term, you can
access the final reports under the Dashboard and Reports tabs at
the top of the webpage. You will use these charts, graphs, and
other visualizations to illustrate your report in the indicated
areas of the template (for example, Table 1.1). Reach out to
your instructor if you have any questions about accessing these
resources.
1. Review and use the Project Template located in the What to
Submit section.
· The cover page, Table of Contents, and Introduction sections
of your report are provided and should remain standard in all
submissions except where indicated in the template. You should
read the brief Introduction section, as it provides insight into
the purpose and structure of the deliverable, and add the high-
level descriptions where prompted.
· There are placeholders in the template for your data
visualizations (e.g., charts, graphs, tables, etc.). These
placeholders are meant to give you a rough approximation of the
placement of the visualizations that are required. You should
replace the placeholders with the appropriate, indicated images
in each case. To create an isolated image from the simulation
data, it is recommended that you use a snipping tool or other
image-editing software to copy and paste your data
visualizations into the template. See the relevant tutorials i n the
Supporting Materials section for more information.
· You are expected to reference any source material used in
your report with appropriate citations. To support you, a
References page has been added to the project template with the
citation for the course’s reading already provided. Any other

9. references you add should be cited according to APA format.
Once you have assembled the required materials listed above,
you can now begin drafting your economic summary report by
completing the following steps:
1. The first section of your report is the Introduction, in which
you will personalize the provided content with the particular
information related to your term (i.e., your simulation results)
as the chief economic policy advisor for the nation of Econland.
Follow the instructions in the template for contextualizing this
section, including adding Table 3 from your simulation report to
the indicated area of the template (i.e., Table 1.1). Then, add a
two- to three-sentence summary specifying which underlying
scenario you chose and your overall performance and approval
rating.
2.Taxation Policies: In the Fiscal Policies: Taxation section of
your report, discuss the taxation policies of Econland for the
public and your successor. Within this section, you shoul d add
an image of Table 1 from your simulation results to the
indicated area of the template (i.e., Table 2.1). Then, answer the
following questions in the paragraphs below the table:
· Explain your intent for the taxation policy decisions you made
over your seven-year term. What were the macroeconomic
principles or models that influenced your decision making?
· Identify the impact of your changes to the income and
corporate tax rates. How were consumption and investment
affected by your tax-policy decisions? Explain these dynamics
using specific macroeconomic principles from the course
reading.
· Compare and contrast the impact of your tax policy decisions
with those of current or historical examples in the United
States. What do these examples demonstrate about the validity
of macroeconomic models? Be sure to cite your research
appropriately. (See the Supporting Materials section.)
3.Government Spending: In the Fiscal Policies: Government
Expenditure section of your report, discuss government
spending policies of Econland for the public and your

10. successor. Within this section, you should add an image of the
“Real GDP Growth” and “Unemployment Rate” graphs from
your simulation results and use an aggregate demand and
aggregate supply (AD/AS) model to the indicated area of the
template (i.e., Figures 3.1 and 3.2). Images of the AD/AS model
can be found in the course reading or any reputable online
source. Then, answer the following questions in the paragraphs
below the figures:
· Explain your decision making regarding government
expenditure and how it changed based on the macroeconomic
conditions. What was the intent of your fiscal policy decisions
in response to the given economic climate?
· Evaluate your fiscal policy decisions, including how
they impacted key macroeconomics factors such as real GDP
growth and unemployment. To what extent did your policies
yield positive or negative outcomes?
· Refer to the AD/AS model to support your analysis in this
section of your report.
4.Monetary Policies: In the Monetary Policies section of your
report, discuss the monetary policies of Econland for the public
and your successor. Within this section, you should add an
image of the “Inflation Rate” graph from your simulation results
to the indicated area of the template (i.e., Figure 4.1). Then,
answer the following questions in the paragraphs below the
figure:
· Explain how you changed the interest rate levels and how
these changes impacted other macroeconomic factors such as
inflation, consumption, investments, GDP, and foreign trade.
Provide specific examples to help illustrate.
· Compare and contrast the impact of your monetary policies
with those of current or historical examples in the United
States. What do these examples demonstrate about the validity
of macroeconomic models? Be sure to cite your research
appropriately. (See the Supporting Materials section.)
5.Global Context: In the Global Context section of your report,
you will expand your discussion from the particular case of

11. Econland to consider the wider global context. Analyze the
impacts of openness to trade in general. Why and how are the
impacts of monetary and fiscal policies different in a closed
economy versus an open economy? Support your claims with
specific details from the course reading.
6.Conclusions: In the Conclusions section of your report, draw
your overall conclusions about the relevance and significance of
macroeconomics for the public and your successor.
· Assess the effectiveness of your economic policy decisions.
Did your economic policy decisions produce the anticipated
results? Did your macroeconomic principles and models behave
in ways that you expected? Provide specific examples to
illustrate.
· Evaluate how consumer confidence might have impacted the
outcomes of your policy decisions for the economy of Econland.
Why is consumer confidence a relevant factor for making
informed macroeconomic decisions?
7. Finally, ensure that all of your sources are properly cited
using in-line citations and references according to APA format.
Competencies
In this project, you will demonstrate your mastery of the
following competencies:Make decisions informed by
macroeconomic principles and the business cycleDetermine the
economic impact of historical and current events using models
of macroeconomicsAssess how changes to macroeconomic
policies impact the economyScenario
You have just completed your seven-year term as the chief
economic policy advisor responsible for managing the economy
of the nation of Econland. You are expected to create a report
for the incoming administration. In this outgoing report, you
will summarize your macroeconomic policy decisions and the
economic outcomes for Econland. The purpose of this report is
to share the lessons you’ve learned over your term and promote
sound macroeconomic decision making moving
forward.Directions

12. First, assemble the materials that you will need to complete this
assignment:Access the Macroeconomics Simulation: Econland
from Harvard Business Review and select either the
Rollercoaster or Stagnation scenarios. Once you have completed
your final year of your seven-year term, you can access the final
reports under the Dashboard and Reports tabs at the top of the
webpage. You will use these charts, graphs, and other
visualizations to illustrate your report in the indicated areas of
the template (for example, Table 1.1). Reach out to your
instructor if you have any questions about accessing these
resources.Review and use the Project Template located in the
What to Submit section.
The cover page, Table of Contents, and Introduction sections of
your report are provided and should remain standard in all
submissions except where indicated in the template. You should
read the brief Introduction section, as it provides insight into
the purpose and structure of the deliverable, and add the high-
level descriptions where prompted.There are placeholders in the
template for your data visualizations (e.g., charts, graphs,
tables, etc.). These placeholders are meant to give you a rough
approximation of the placement of the visualizations that are
required. You should replace the placeholders with the
appropriate, indicated images in each case. To create an isolated
image from the simulation data, it is recommended that you use
a snipping tool or other image-editing software to copy and
paste your data visualizations into the template. See the relevant
tutorials in the Supporting Materials section for more
information.You are expected to reference any source material
used in your report with appropriate citations. To support you, a
References page has been added to the project template with the
citation for the course’s reading already provided. Any other
references you add should be cited according to APA format.
Once you have assembled the required materials listed above,
you can now begin drafting your economic summary report by
completing the following steps:The first section of your report
is the Introduction, in which you will personalize the provided

13. content with the particular information related to your term
(i.e., your simulation results) as the chief economic policy
advisor for the nation of Econland. Follow the instructions in
the template for contextualizing this section, including adding
Table 3 from your simulation report to the indicated area of the
template (i.e., Table 1.1). Then, add a two- to three-sentence
summary specifying which underlying scenario you chose and
your overall performance and approval rating.Taxation Policies:
In the Fiscal Policies: Taxation section of your report, discuss
the taxation policies of Econland for the public and your
successor. Within this section, you should add an image of
Table 1 from your simulation results to the indicated area of the
template (i.e., Table 2.1). Then, answer the following questions
in the paragraphs below the table:
Explain your intent for the taxation policy decisions you made
over your seven-year term. What were the macroeconomic
principles or models that influenced your decision
making?Identify the impact of your changes to the income and
corporate tax rates. How were consumption and investment
affected by your tax-policy decisions? Explain these dynamics
using specific macroeconomic principles from the course
reading.Compare and contrast the impact of your tax policy
decisions with those of current or historical examples in the
United States. What do these examples demonstrate about the
validity of macroeconomic models? Be sure to cite your
research appropriately. (See the Supporting Materials
section.)Government Spending: In the Fiscal Policies:
Government Expenditure section of your report, discuss
government spending policies of Econland for the public and
your successor. Within this section, you should add an image of
the “Real GDP Growth” and “Unemployment Rate” graphs from
your simulation results and use an aggregate demand and
aggregate supply (AD/AS) model to the indicated area of the
template (i.e., Figures 3.1 and 3.2). Images of the AD/AS model
can be found in the course reading or any reputable online
source. Then, answer the following questions in the paragraphs

14. below the figures:
Explain your decision making regarding government
expenditure and how it changed based on the macroeconomic
conditions. What was the intent of your fiscal policy decisions
in response to the given economic climate?Evaluate your fi scal
policy decisions, including how they impacted key
macroeconomics factors such as real GDP growth and
unemployment. To what extent did your policies yield positive
or negative outcomes?Refer to the AD/AS model to support
your analysis in this section of your report.Monetary Policies:
In the Monetary Policies section of your report, discuss the
monetary policies of Econland for the public and your
successor. Within this section, you should add an image of the
“Inflation Rate” graph from your simulation results to the
indicated area of the template (i.e., Figure 4.1). Then, answer
the following questions in the paragraphs below the figure:
Explain how you changed the interest rate levels and how these
changes impacted other macroeconomic factors such as
inflation, consumption, investments, GDP, and foreign trade.
Provide specific examples to help illustrate.Compare and
contrast the impact of your monetary policies with those of
current or historical examples in the United States. What do
these examples demonstrate about the validity of
macroeconomic models? Be sure to cite your research
appropriately. (See the Supporting Materials section.)Global
Context: In the Global Context section of your report, you will
expand your discussion from the particular case of Econland to
consider the wider global context. Analyze the impacts of
openness to trade in general. Why and how are the impacts of
monetary and fiscal policies different in a closed economy
versus an open economy? Support your claims with specific
details from the course reading.Conclusions: In the Conclusions
section of your report, draw your overall conclusions about the
relevance and significance of macroeconomics for the public
and your successor.
Assess the effectiveness of your economic policy decisions. Did

15. your economic policy decisions produce the anticipated results?
Did your macroeconomic principles and models behave in ways
that you expected? Provide specific examples to
illustrate.Evaluate how consumer confidence might have
impacted the outcomes of your policy decisions for the economy
of Econland. Why is consumer confidence a relevant factor for
making informed macroeconomic decisions?Finally, ensure that
all of your sources are properly cited using in-line citations and
references according to APA format.What to Submit
To complete this project, you must submit the following:
Economic Summary Report
Your economic summary report should outline the key
principles and takeaways of your Econland simulation for your
successor. It should also illustrate how the macroeconomic
ideas are relevant to the nation’s future economic success.
Template: Project Template Word Document
Use this template to submit your economic summary report, and
submit it as a Word document. Sources should be cited
according to APA style.Supporting Materials
The following resources support your work on the project:
Video: How to Use the Snipping Tool (Beginner’s Guide) (for
PC)
Use this tutorial for help with snipping, copying, and pasting
your data visualizations into your project template.
A captioned version of this video is available: How to Use the
Snipping Tool (Beginner’s Guide) (CC) Video.
Resource: Is There a Snipping Tool for Mac?
Use this tutorial for help with snipping, copying, and pasting
your data visualizations into your project template.
Resource: APA Style Basics
Use this resource to support your in-line citations and full
references in the References section of your project template.
Resource: Board of Governors of the Federal Reserve System
Use this resource to support your research for the U.S.
Comparisons portions of the Fiscal Policy: Taxation and
Monetary Policies sections of your report.

16. Resource: Congressional Budget Office: Budget and Economic
Data
Use this resource to support your research for the U.S.
Comparisons portions of the Fiscal Policy: Taxation and
Monetary Policies sections of your report.
Resource: White House: Economy & Jobs
Use this resource to support your research for the Fiscal Policy:
Taxation and Monetary Policies sections of your report.Project
RubricCriteriaExemplary (100%)Proficient (85%)Needs
Improvement (55%)Not Evident (0%)ValueTaxation Policies:
DecisionsExceeds proficiency in an exceptionally clear,
insightful, or sophisticated mannerExplains the intent of the
taxation policy decisions and provides specific macroeconomic
principles or models that influenced the decision makingShows
progress toward proficiency, but with errors or omissions; areas
for improvement may include providing specific macroeconomic
principles or modelsDoes not attempt criterion8Taxation
Policies: ImpactsExceeds proficiency in an exceptionally clear,
insightful, or sophisticated mannerIdentifies the impact of
different income and corporate tax rates, including the effects
on consumption and investment, and provides specific
macroeconomic principles to support the claimsShows progress
toward proficiency, but with errors or omissions; areas for
improvement may include providing specific macroeconomic
principles to support the claimsDoes not attempt
criterion9Taxation Policies: U.S. ComparisonExceeds
proficiency in an exceptionally clear, insightful, or
sophisticated mannerCompares and contrasts the impact of the
Econland tax policies with current or historical examples in the
United States, and includes a discussion about the validity of
the underlying macroeconomic modelsShows progress toward
proficiency, but with errors or omissions; areas for
improvement may include drawing appropriate conclusions
about the validity of the underlying macroeconomic modelsDoes
not attempt criterion9Government Spending: DecisionsExceeds
proficiency in an exceptionally clear, insightful, or

17. sophisticated mannerExplains the decision-making process
regarding Econland government expenditure and the intent of
the fiscal policy decisions based on the macroeconomic
conditionsShows progress toward proficiency, but with errors or
omissions; areas for improvement may include discussing the
intent of the fiscal policy decisionsDoes not attempt
criterion8Government Spending: ImpactsExceeds proficiency in
an exceptionally clear, insightful, or sophisticated
mannerEvaluates the fiscal policy decisions, and explains if the
policies positively or negatively impacted key macroeconomics
factors such as real GDP growth and unemploymentShows
progress toward proficiency, but with errors or omissions; areas
for improvement may include discussing how the policies
impacted key macroeconomic factors such as real GDP growth
and unemploymentDoes not attempt criterion9Government
Spending: AD/AS ModelExceeds proficiency in an
exceptionally clear, insightful, or sophisticated mannerRefers to
the AD/AS model to support the analysis of one’s own fiscal
policy decisionsShows progress toward proficiency, but with
errors or omissionsDoes not attempt criterion8Monetary
Policies: ImpactsExceeds proficiency in an exceptionally clear,
insightful, or sophisticated mannerExplains how changes in
interest rate levels impacted other macroeconomic factors such
as inflation, consumption, investments, GDP, and foreign trade,
providing specific examples to help illustrateShows progress
toward proficiency, but with errors or omissions; areas for
improvement may include citing specific examplesDoes not
attempt criterion9Monetary Policies: U.S. ComparisonExceeds
proficiency in an exceptionally clear, insightful, or
sophisticated mannerCompares and contrasts the impact of
Econland’s monetary policies with those of current or historical
examples in the United States, and includes a discussion about
the validity of the underlying macroeconomic modelsShows
progress toward proficiency, but with errors or omissions; areas
for improvement may include drawing appropriate conclusions
about the validity of the underlying macroeconomic modelsDoes

18. not attempt criterion9Global ContextExceeds proficiency in an
exceptionally clear, insightful, or sophisticated mannerAnalyzes
the different impact of monetary and fiscal policies in a closed
economy versus an open economy and supports the claims with
details from the course readingShows progress toward
proficiency, but with errors or omissions; areas for
improvement may include supporting claims with details from
the course readingDoes not attempt criterion9Conclusions:
Principles and ModelExceeds proficiency in an exceptionally
clear, insightful, or sophisticated mannerAssesses the
effectiveness of the economic policy decisions using specific
examples to illustrate the claimsShows progress toward
proficiency, but with errors or omissions; areas for
improvement may include providing specific examples to
illustrate the claimsDoes not attempt criterion9Conclusions:
Consumer Confidence IndexExceeds proficiency in an
exceptionally clear, insightful, or sophisticated
mannerEvaluates how consumer confidence impacted the
outcomes of Econland policy decisions, including why
consumer confidence is a relevant factor for making informed
macroeconomic decisionsShows progress toward proficiency,
but with errors or omissions; areas for improvement may
include explaining why consumer confidence is a relevant factor
for making informed macroeconomic decisionsDoes not attempt
criterion9Articulation of ResponseSubmission has no errors
related to citations, grammar, sentence structure, spelling, or
organization and integrates all required tables and figures
correctlySubmission has no major errors related to citations,
grammar, sentence structure, spelling, or organization
preventing understanding of ideasSubmission has major errors
related to citations, grammar, sentence structure, spelling, or
organization preventing understanding of ideasSubmission has
critical errors related to citations, grammar, sentence structure,
spelling, or organization preventing understanding of
ideas4Total:100%