Macroeconomic issue based on an article you read on the Financial times

Macroeconomic issue based on an article you read on the Financial times

For this assignment you will choose a macroeconomic issue based on an article you read on the Financial times/Economist/World Economic Forum.

Macroeconomic issue based on an article you read on the Financial times

For this assignment you will choose a macroeconomic issue based on an article you read on the Financial times/Economist/World Economic Forum. You will need to show the link between the chosen topic and the relevant economic theory covered in class.

Then, research this issue or problem, using relevant textbooks, journals and periodicals, and present an analysis which suggests how macroeconomic analysis contributes to both an understanding of the topic and a range of possible solutions, or responses from the perspective of government policy. Data should be use d to support your analysis. Data can be retrieve d from official sources like ONS, Eurostat, OECD, IMF, ILO, World Bank.

This assignment is a form of inquiry-based learning, where your learning is motivated by an issue or problem that interests you, and you develop a deeper understanding of this as you research this area, review competing perspectives, and receive feedback from your tutors and class mates.

Direction for Writing Your Assignment

The aim is to use academic theories to understand and explain the important drivers of events (causes), rather than simply describing events (symptoms).

Therefore, the most important elements within your assignment will involve analysis and evaluation, which requires use of appropriate theories from the academic literature.

Evaluate the appropriateness and applicability of the insights provided by and then present and explain your own insights.
The type of questions that will help you develop the descriptive, analytical and evaluative sections of your assignment could include:

Description stage of your assignment:
Firstly, Introduce the issue / problem.

Secondly, What is the issue and context?

Thirdly, Contextualise the topic / problem / provide background information.

Fourthly, Where?

Further,  Who is involve d/ affect ed/ interest ed?

Also, When?

Analysis stage of your assignment:

Firstly, Consider alternative approaches / perspectives/ theories for understanding the issue.

Secondly, Why propose the approach / theory?

Thirdly, How is the issue / problem addressed by the approach / theory?

Fourthly, How might the theory provide an appropriate solution?

Further, What aspect of the context is not address ed by the theory (if applicable)?

Also, How appropriate is the theory in providing an explanation and solution to the specific issues / context.

Additionally,  How does the perspective work in practice?

Evaluation stage of your assignment:
Firstly, Consider how effectively the theory explains the working of the system.

Secondly, Does the theory need to be altered, in order to be more effectively applied to explaining the issue/ resolving the problem?

 

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