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Create research questions based on a topic covered in class that interest you. Research and find answers to those questions by using articles from current or past events from any major publication (electronic or print edition) to be your research references. Articles that appear in economic journals or business magazines such as The Economist are good resources. In addition, articles that appear in blogs or newspapers are good sources for further research. Several links to good references are available under the Content and the Announcement section on the class website as well as a sample and guildlines for your research.The objective of the paper is to summarize, analyze, critique, support (or question) the articles, and relate the articles to your research questions. The paper must show an analysis of a real world situation using economics concepts, framework, and theories to suggest such as what the problems are, why there are the problems, how to fix the problems, what the pros and cons of each solution are, and how it will affect each group of people.Remember: Your assignment is to write a research paper, NOT a dictionary or a section of a textbook or a newspaper article or a Wikipedia. Use economics theories and concepts to analyze real world economic problems. Paper must have a minimum of 750 words but should not over 1,200 words excluding title, quotes, and references. Submit in Doc, Docx, or RTF format only.
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Macroeconomics examples of topics for paper#2
IMPORTANT Guidelines for paper
1. You are doing a short research paper. Therefore, you need come up with
research questions or thesis. Think what interests you in what we cover in the
class.
For example,
o If you are interested in outsourcing, your research questions could be “Is
the US better off or worse off because of the outsourcing to China?”. Then
you go do a research on it. Find academic articles or news articles that
support and/or against outsourcing.
o You do research by reading those articles that you found and then
combine the information you find into a unified paper that represents your
fully formed expertise. The key to the whole thing is “combining,” so as
you do your research, look for facts and information that go well together
and help explain (or disagree with) each other
o You may start with your introduction and research questions. Then start a
second paragraph with a short explanation of what is “outsourcing” and
state facts such as how many dollars or how many jobs the US
outsourced to China in 2010.
o The paper must show an analysis of a real world outsourcing situation
such as what are the problems with the outsourcing, why there are the
problems, how to fix the problems, what the pros and cons of each
solution are, and how it will affect consumers who buy imported goods at
Walmart or exporters to China.
o Warning: You should have one or two research questions or more
depending on your interest. If you only have one research question for
your whole paper and that question is “what is outsourcing”, for example,
you basically just look for a definition or a textbook explanation. This will
NOT be a good research paper. This is NOT a high school paper.
o A paper that only provides definition, textbook explanation, or news/facts
reporting will NOT earn good scores. You are not writing a dictionary or a
textbook or a newspaper. You are writing an economics research paper.
o Do not get stuck on picking a cool topic or a topic with economics
keywords. If a high school paper is about a topic, a college paper is about
research question(s) or thesis statement. A topic such as pregnancy can
be good topic if the research question is, for example, what are the
opportunity costs of pregnancy before finishing high school comparing to
after finishing high school and college.
2. The topics and articles provided here are just examples. You are not limited to
these topics. You can pick any topic that related to what we cover in exam#3.
3. You should look for more articles for your research. In order to get an “A” for
paper you must use at least four news articles for your research. If you use only
the article that I provide here, it will only give you a maximum of a “C+”. So, go
out and find more articles that compliment your research questions.
4. Do not forget to read the grading criteria for paper/essay in the “content” area in
the Florida Online class website.
Tips:
Do not to use spoken language in academic writing. Write from 3rd person
perspective
Do not use contraction in a formal writing.
Note: Some of the links here may not work. I have no control over those
websites. They may change their links at any time. Use Google to find them. If
you do not know how, go to the library and ask for a reference librarian. They are
trained professional to help you find material for your research.
If you do not find any topic here interesting, browse these websites to find more topics.
http://marcgawley.com/
http://krugman.blogs.nytimes.com/
http://gregmankiw.blogspot.com/
http://conversableeconomist.blogspot.com/
National Debt good, bad, or necessary
Applied Topics: Fiscal Policy, Economic growth, Unemployment
Research Questions:
1. Is increasing national debt bringing down our economy?
2. Do other developed countries have high national debt (debt to GDP ratio) just like us?
Why do most developed countries have high debt? Why countries with low debt are
mostly less developed countries?
3. Is there a bigger problem than debt that we should be concerned? Why?
Possible articles to answer the research questions (don’t forget to find more articles)
https://www.economist.com/content/global_debt_clock
https://hbr.org/1993/07/is-the-deficit-a-friendly-giant-after-all
http://www.thecrimson.com/column/full-faith-and-credit/article/2009/12/3/deficit-debtunemployment-budget/
Trump Tax cut V.S. Reagan Tax Cut
Applied Topics: Fiscal Policy
Research Questions:
1. Did Reagan tax cut boost the economy? Will Trump tax cut do the same thing?
2. Did the recovered economy paid off the budget deficit created by Reagan? New jobs
creation could help pay more tax to our government. Will the new tax revenue be
enough to fix our current national debt?
Possible articles to answer the research questions (don’t forget to find more articles)
http://www.politifact.com/punditfact/statements/2017/apr/28/rana-foroohar/trumps-taxplan-prompts-question-can-tax-cuts-real/
https://www.bloomberg.com/view/articles/2017-12-15/the-mostly-forgotten-tax-increases-of1982-1993
https://www.brookings.edu/blog/up-front/2017/12/08/what-we-learned-from-reagans-taxcuts/
https://www.pbs.org/newshour/economy/making-sense/how-the-gop-tax-overhaul-comparesto-the-reagan-era-tax-bills
https://www.npr.org/2017/11/13/563420070/is-a-corporate-tax-cut-really-what-the-economyneeds-right-now
Tax Cut, Budget Deficit, and Economy
Applied Topics: Fiscal Policy
Research Questions:
1. Has there been an evidence that a tax cut boost an economy?
2. Does tax cut lead to higher budget deficit and national debt?
3. Would a tax cut pay off when there are more jobs created? Would additional
national debt created by a tax cut be eliminated by new tax revenues from job
creation?
Possible articles to answer the research questions (don’t forget to find more articles)
https://research.hks.harvard.edu/publications/workingpapers/citation.aspx?PubId=5975&type
=FN&PersonId=15
http://www.politifact.com/punditfact/statements/2017/apr/28/rana-foroohar/trumps-taxplan-prompts-question-can-tax-cuts-real/
https://www.cbsnews.com/news/us-companies-offshore-cash-wont-rush-home/
https://www.forbes.com/sites/patrickwwatson/2017/11/27/why-a-corporate-tax-cut-wontboost-economic-growth/#17a66f622ce0
Central Bank of Japan wanted to stimulate more inflation
Applied Topics: Monetary Policy, Inflation, Economic Growth
Research Questions:
1. Why would Japanese’s central bank want more inflation? How would they do it?
2. Why would Bank of Japan want negative interest rates? Have other countries ever had a
negative interest rate? Why/why not?
3. How inflation and interest rates would stimulate economic growth?
Possible articles to answer the research questions (don’t forget to find more articles)
https://www.bloomberg.com/view/articles/2015-11-17/japan-is-locked-in-a-struggle-to-sparkinflation
https://www.bloomberg.com/news/videos/2016-04-20/how-can-the-boj-stimulate-inflation
https://www.theguardian.com/world/2016/jan/29/bank-of-japan-achieve-imposing-negativeinterest-rates
Tax break, Tax credit, Grants to business vs Jobs creation
Applied Topics: Taxation, Job creation
Research Questions:
1. Are tax benefits to businesses worth the cost? How much tax benefits would make they worth
the jobs created?
2. What are the opportunity cost of tax benefits vs salary and income tax base that will create? Is it
worth the cost?
Possible articles to answer the research questions (don’t forget to find more articles)
https://www.bloomberg.com/news/articles/2017-03-14/your-tax-dollars-subsidize-amazonare-the-jobs-worth-it
http://www.theverge.com/2016/2/8/10937076/tesla-gigafactory-battery-factory-nevada-taxdeal-elon-musk
http://www.frbsf.org/economic-research/files/wp10-25bk.pdf
http://www.huffingtonpost.com/entry/ivanka-trumpchina_us_58c7e73ae4b0428c7f131cc1?ncid=NEWSSTAND0001
Congratulations To Venezuela – Central Bank Chief Causing 1,600% Inflation
Applied Topics: Inflation, Economics growth, Central Bank
Research Questions:
1. What caused Venezuela to have 1600% inflation in 2017 and 80,000% in 2018?
2. Why do we not see hyperinflation in the US?
3. What Venezuela central bank should have done instead?
Possible articles to answer the research questions (don’t forget to find more articles)
http://www.forbes.com/sites/timworstall/2017/01/21/congratulations-to-venezuela-central-bank-chiefcausing-1600-inflation-fired/
http://www.npr.org/sections/money/2016/10/21/498867764/episode-731-how-venezuela-imploded
http://www.npr.org/2016/11/02/500407498/how-venezuelas-economy-collapsed-and-led-to-politicalunrest
https://www.forbes.com/sites/stevehanke/2019/01/01/venezuelas-hyperinflation-hits-80000-per-yearin-2018/
Obamacare Will Cost 2.9 Million or More Jobs a Year
Applied Topics: Fiscal Policy, Health Economics, Labor market
Research Questions:
1. How Obamacare will cost 2.9 million jobs a year? Is it really true?
2. Is it the same as when people say giving out food stamps making our citizen not working and
remain poor? Why/Why not?
Supporting articles (don’t forget to find more supporting articles):
http://www.forbes.com/sites/chrisconover/2014/02/24/obamacare-will-cost-2-9-million-or-more-jobsa-year/
http://www.washingtonpost.com/opinions/marc-thiessen-obamacares-70-billion-paycut/2014/02/10/f4de89d6-9259-11e3-b227-12a45d109e03_story.html?tid=pm_opinions_pop
http://www.washingtonpost.com/blogs/fact-checker/wp/2014/02/04/no-cbo-did-not-say-obamacarewill-kill-2-million-jobs/
U.S. economy contracts for first time since recession
Applied Topics: Fiscal Policy and Monetary Policy
Research Questions:
1. Last quarter of 2012 US GDP shrank for the 1st time since 2009. Are we heading for another
economic recession? What could have caused this shrink in GDP growth? How could we
prevent another recession from happening?
2. Is cutting government spending be the cause of the shrink? How could we avoid another
economic recession but still be able to cut down our national debt?
Supporting articles (don’t forget to find more supporting articles):
http://money.cnn.com/2013/01/30/news/economy/gdp-report/
The US Bank Bailout Was Amazing, And The Swedish Model Was Devastating
Applied Topics: Fiscal Policy and Monetary Policy
Research Questions:
1. How did the U.S. bail out policy differ from other countries who suffered the failure of their
financial institutions?
2. What is the big picture of unemployment across the developed countries after the financial
crisis? Did the Obama’s stimulus plan help stopping job loss comparing to other economic
recessions? Why or why not?
Supporting articles (don’t forget to find more supporting articles):
http://www.businessinsider.com/us-bailout-success-2012-9
Millennials Aren’t Buying Cars Or Houses, And It Could Hurt The Economy
Applied Topics: Application of aggregate demand and supply, Business cycle theory
Research Questions:
1. How can the changes In new generation behavior affect our entire economy? In which
direction? Good or bad?
2. Is there any other behavior changes (that did not mention in this article) that affect our
aggregate demand? How? Why?
Supporting articles (don’t forget to find more supporting articles):
http://www.businessinsider.com/millennials-arent-buying-cars-or-houses-20128?utm_source=Pulse&utm_medium=App&utm_medium=referral&utm_source=pulsenews
http://www.businessinsider.com/employment-trends-college-graduates-boomers-20128?utm_source=Pulse&utm_medium=App&utm_medium=referral&utm_source=pulsenews
Greek may default on their debt
Applied Topics: Supply and demand for loanable funds, National Debt
Research Questions:
1.
Why did some analysts think Greek may default on their debt? What would be the
impact to EU’s economy? Is a “bail out” possible?
2.
Currently Greek has their national debt at 160% of their GDP. The US has national debt
at 100% and Japan has their national debt at 200%. Why Japan does not have the same trouble
that the Greek’s government have? Why S&P downgrade US’s rating when our level of debt is
lower than Greek’s and Japan’s? What is going on here?
Supporting articles (don’t forget to find more supporting articles):
http://www.forbes.com/sites/francescoppola/2015/01/31/so-whose-problem-is-greek-debt-anyway/
http://www.bloomberg.com/news/articles/2015-02-18/greece-seeks-concessions-in-later-loanextension-request (also watch the VDO)
http://money.cnn.com/2012/01/24/markets/greece_default_sandp/index.htm?iid=HP_Highlight
http://www.economicshelp.org/blog/1178/economics/japanese-national-debt/
Why the federal deficit will raise taxes
Applied Topics: Supply and demand for loanable funds, aggregate supply and aggregate demand model
Research Questions:
1.
Use the supply and demand model of the loanable funds market to explain why interest
rates are likely to increase as the continuing large deficits cause the national debt to increase
over time, other things constant.
2.
Using the aggregate demand and aggregate supply model to explain how real National
Income would be affected by the higher interest rates predicted in Question 1, other things
constant?
Supporting articles (don’t forget to find more supporting articles):
http://finance.yahoo.com/news/Why-the-federal-deficit-will-cnnm-933317520.html?x=0&.v=1
http://www.theatlantic.com/business/archive/2012/11/the-us-does-not-have-a-spending-problem-wehave-a-distribution-problem/265408/
(The article discusses possible effects of large Federal deficits.)
A whole new brand of inflation
Applied Topics: Aggregate supply (AS) and aggregate demand (AD) model, types of inflation.
Research Questions:
1.
How the AS and AD model explain the reason for the inflationary problems in China.
2.
What is likely to happen to the ability of China and other developing countries to use
the export model as a means for increasing and sustaining their growth rate if inflation
continues to be higher there than it is in the developed world?
Supporting articles (don’t forget to find more supporting articles):
http://articles.moneycentral.msn.com/Investing/JubaksJournal/a-whole-new-brand-of-inflation.aspx
(The article examines Federal Reserve monetary policy.)
Teacher VS Teacher
Applied Topics: Human capital and Economic growth, Immigration and Labor force
On August 16th, 2012 Former D.C. Schools chancellor Michele Rhee told CNN, “The problem is
that people don’t understand where we stand right now in international rankings on academics.
We are behind countries like Hungary and Luxembourg.”
However, Diane Ravitch, education historian and professor, responded, “[Rhee] is obviously
unaware that our nation has never had high scores on those tests. When the first international
test was given in 1964, our students ranked 11th out of 12 nations. Yet our nation went on to
become the most powerful economy in the world.”
In our “Production and Growth” states that increasing human capital will lead to increasing
economic growth.
Research Questions:
1. Does human capital such as formal schooling actually lead to higher economics growth
in the US as the theory said?
2. Could immigration of top brains from around the world to the US be one of the sources
of our economic growth since our students have been ranked almost lowest among
other developed countries for several decades?
Supporting articles (don’t forget to find more supporting articles):
http://schoolsofthought.blogs.cnn.com/2012/08/16/overheard-on-cnn-debate-betweenravitch-rhee-teacher-just-let-me-teach/?hpt=hp_c2
http://www.dallasfed.org/assets/documents/fed/annual/2010/ar10b.pdf
Fed to keep interest rates low until 2013: Good or Bad
Applied Topics: Monetary Policy
Research Questions:
1. What are the effects of monetary policy on the financial market?
2. How does financial market affect the real world production?
Supporting articles (don’t forget to find more supporting articles):
http://money.cnn.com/2011/08/09/news/economy/federal_reserve_meeting/index.htm?hpt=hp_t2
http://money.cnn.com/2011/08/09/markets/markets_newyork/index.htm?hpt=hp_t1
S&P downgrades U.S. credit rating
Applied Topics: National debt, government budget deficit
Research Questions:
1. How S&P downgraded had anything to do with our government ability to borrow
money?
2. How does it affect the real world production, the aggregate demand, and the financial
market and national saving?
Supporting articles (don’t forget to find more supporting articles):
http://money.cnn.com/2011/08/05/news/economy/downgrade_rumors/index.htm?iid=EL
http://money.cnn.com/2011/08/06/news/economy/sp_rating_faq/index.htm?iid=EL
What’s wrong with the debt ceiling deal
Applied Topics: National debt, government budget deficit
Research Questions:
1. What is debt ceiling? Why is it important?
2. How cutting government spending could help boost the recovery process of the
economy? (Or it could actually hurt?) What should our government do?
Possible article to answer the research questions
http://money.cnn.com/2011/08/02/news/economy/debt_ceiling_deficit_hawks/index.htm?iid=EL
Is the Fed running out of bullet to fight the economic recession?
Applied Topics: Monetary policy, Role of Federal Reserve Bank
Research Questions:
1. Is the Fed running out of option to boost the economy?
2. What has the Fed done to help? What left?
Possible article to answer the research questions
http://www.bloomberg.com/news/2011-10-04/bernanke-says-federal-reserve-ready-to-take-furtheraction-to-spur-growth.html
Quantitative Easing: The Fed last resource?
Applied Topics: Monetary policy, Role of Federal Reserve Bank
Research Questions:
1. What is it? How does it work? Is it an expansionary monetary policy?
2. In theory how would it help the economy? Did it help? How?
3. Can the Fed keep using it? Why or why not?
Possible article to answer the research questions
http://www.npr.org/blogs/money/2010/10/07/130408926/quantitative-easing-explained
http://www.ft.com/cms/s/0/8ada2ad4-f3b9-11dd-9c4b-0000779fd2ac.html#axzz1ZqEhTGNx
http://money.cnn.com/2010/11/03/news/economy/fed_decision/index.htm
Side note: watch this YouTube vdo http://www.youtube.com/watch?v=PTUY16CkS-k
There are facts that are correct and incorrect, and there are facts that are correct but only partial
presented to sway the viewers. Can you tell which one is which?
• Lots of Goodies Were Stuffed into the Fiscal Cliff Deal
It may not be a good topic for paper by itself but it can be an eye-opener for some students.
http://business.time.com/2013/01/07/lots-of-goodies-were-stuffed-into-the-fiscal-cliff-deal

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