Macroeconomic project

The macroeconomic project should focus on the macroeconomic policy package adopted by a country in the wake of COVID-19. The policy package may target to achieve two or more macroeconomic outcomes such as: Stabilising price level (i.e., inflation-targeting policy); Creating employment opportunities; Sustaining GDP growth; Maintaining an uninterrupted supply of goods and services through international trade; Incentivising domestic economic agents; Boosting investment expenditures; Safeguarding vulnerable population through transfer payments.

World limit: approx. 2,500 words [+-10%]
Provide a one-page executive summary
Not included in the word count: Executive Summary, Titles, Figures and References.
Present a clear introduction specifying the policy dilemma in the wake of COVID-19 to be addressed in your project report
all available options are associated with potential disadvantages; we do not have ‘costless’ solutions
Assess the costs and benefits of different policies available using macroeconomic theory
Conclude with recommendations for methods to address the policy challenges.

An appropriate way to structure the macroeconomic project report is:
Executive Summary
– Introduction
– Background (i.e., an overview of the economic climate in the country in the
wake of COVID-19)
– Benefit-Cost Analysis (assessing the pros and cons of each policy included in the
adopted macroeconomic policy package)
– Policy Dilemma (discussing the trade-offs between different policies included
in the adopted macroeconomic policy package)
– Recommendations (how to improve the adopted macroeconomic policy
package)
– Conclusion
– References

Scoring Criteria Total
Points
Score
1- Information is presented in a logical sequence. 5 marks
2- Provide a one-page executive summary at the beginning of
your paper. 5 marks
3- Present an introduction section that is attention-getting, lays
out the problem well, and establishes a framework for the rest
of the analyses. 10 marks
4- Present a clear background section specifying the
macroeconomic performance of the country in the wake of
COVID-19. 5 marks
5- Include a benefit-cost analysis section that assesses the pros
and cons (i.e., benefits and costs) of each policy included in
the adopted macroeconomic policy package using
macroeconomic tools and concepts that are covered in the
unit. 10 marks
6- Provide a policy dilemma section that identifies and discusses
about the policymakers’ dilemma across different policies
that are included in the adopted macroeconomic policy
package. 10 marks
7- Provide recommendations section for revising the adopted
macroeconomic policy package. 5 marks
8- There is an obvious conclusion section summarizing the
analyses. 5 marks
9- The project report should be properly cited along with the
references at the end of the report. Remember to use either
“Harvard” or “Chicago” referencing style consistently. 5 marks
Total Points 60