Below are the requirements given by professor. I’ve also attached an outline of my thoughts on what to talk about in the paper.
The following writing assignment for the Economics of Global Money Markets is to be completed in no less than 7 typed pages. Please double-space your paper with appropriate margins.
The economic and financial crisis of 2008/09 represents the most serious economic downturn in the U.S. and the world since 1929. Review and discuss the Federal Reserve and its role in our economy during this time including a discussion of our nation’s three main economic goals. Describe the historic monetary and fiscal policy efforts undertaken by the U.S. Government and Federal Reserve including both the traditional and non-traditional measures to ease credit markets and stimulate the economy.
Finally, relate the Fed and U.S. Government involvement to our present volatile environment and indicate what measures, if any, each should pursue in the next 12-24 months, given the status of our three main economic goals. Include a discussion on return from historically low interest rates, the Fed balance sheet, historically high federal/US debt levels, and potential new fiscal policy and monetary policy initiatives.
0 comments