ECO 201 ecpi

Project on COVIC-19

Did the government overreach to correct the COVID-19 recession? What are the consequences in the short and long run?

1. Provide a brief background leading up to the recent occurrences and provide a detailed overview of the current situation and its challenges.
2. How do demand and supply affect your chosen topic? Explain the relevant determinants of demand and supply, market equilibrium, and market efficiency.
3. What role, if any, do subsidies play in your chosen topic?
4. Identify the stage of the business cycle, and the impact on real GDP, inflation, and unemployment from your chosen topic.
5. What role does government play in your chosen topic? Provide a brief analysis of one or more government policies in the applicable market. Should there be a larger government presence?
6. What role does the Federal Reserve play in your chosen topic? Provide a brief analysis of one or more federal reserve actions in the applicable market. Should there be tighter control of the money supply?
7. Discuss the application of the comparative advantage model to determine the process for patterns of trade. What role, if any, does comparative advantage and trade restrictions play in determining the outcomes for US production and exports?
8. Discuss the relationship of the concept of incentives in economic theory to your topic.
9. Compare opposing views and give credit to both sides before arriving at your conclusion.

• Provide references for statements of fact and images on one or more slides titled.
• Cite all sources including your images using APA.
• You must provide cite both your resources and images. You are required to use public domain images in your presentation. Do not use cartoons or copyrighted pictures. Images should be professional in nature. Pixabay.com is a good resource for free, public domain images.
• Do not copy and paste large chunks of text onto the slides. Including quotes is fine, but the majority of the content should be in your own words.