ECO 202 Milestone Three SNHU US Monetary Policies: 1980-1990 For Milestone Three, you will research government monetary policies as they relate to your cho
ECO 202 Milestone Three SNHU US Monetary Policies: 1980-1990 For Milestone Three, you will research government monetary policies as they relate to your chosen 10-year historical period and present the information in 3–5 new slides for your presentation. Be sure to read the Milestone Three Guidelines and Rubric to ensure you are covering the critical elements of this assignment. Speaker notes should be in dept. Please don’t be afraid to elaborate on the topic. I will need 5 slides not including the title and reference. Use the powerpoint providedExamine the monetary policies in place at the start of your specific time period in relation to their effects on macroeconomic issues. For instance,
consider the discount rate set by the Fed, the rates on reserves, open market operations, and so on.
Analyze new monetary policy actions undertaken by the U.S. government throughout the time period by describing their intended effects, using
macroeconomic principles to explain the actions.
Explain the impact of the new monetary policy actions on individuals and businesses within the economy by integrating the macroeconomic data and
principles. Presentation Title
Your Name
ECO 202
Instructor Name
ECO 202
Monetary Policy
This rubric element wants you to look at the monetary policies in place at the
start of your chosen decade.
• Remember that the Federal Reserve controls our monetary policy and they
have a four main goals:
1. Price Stability
2. High Employment
3. Economic Growth
4. Financial Market Stability
• The main tools the Fed uses are the decreasing or increasing of the money
supply (through open market operations, changing the required-reserve ratio,
and changing the discount rate) and changes to interest rates.
• Be sure to read up on these policy tools the Fed uses in our textbook and
check out this video for further understanding
• The San Francisco Federal Reserve and FRASER are valuable resources for
research on Federal Reserve history
• The Federal Open Market Committee (the part of the Federal Reserve that
controls open market operations) has site where you can access transcripts of
meetings and other historical materials – just enter the year you need!
ECO 202
Monetary Policy Actions
This rubric element wants you to examine what the monetary policy initiatives
were going forward, to respond to the changing economic landscape throughout
your decade.
• You should specifically state what the intent of the actions were – for instance,
the Fed may have used expansionary policy to help expand the economy in
response to a recession. Such policies could have been buying up government
bonds – this puts money into the economy since the Fed is buying these bonds
from a bank and then the bank can use that money in the economy. This openmarket operation increases the money supply.
• Then, use our macroeconomic principles and models (like the Supply and
Demand of Money model, AD-AS model to show impact of interest rates on
equilibrium GDP, Phillips Curve, etc.) to explain why the action would lead to
the outcome desired by the government.
• Keep the main points (and any use of graphs to show the economic models) on
the slide and use the speaker notes to add full explanation. Scholarly research
is required here as well – this may overlap with research from the previous
element, as appropriate. Please utilize those same resource links and our
Shapiro Library.
ECO 202
Monetary Policy Impact
After looking at what the Fed set out to do and why, you will now examine if it
actually worked.
• You will look at the macroeconomic data (which you already gathered in
milestone one – feel free to add more here if needed to support your analysis)
to see if policy actions achieved their goals. For instance, if the Fed raised
interest rates as a contractionary policy aimed at slowing down inflation, did
it work?
• There might also be examples of where the Fed misread the economic
landscape and initiated expansionary policy when they should have taken on
contractionary policy, or vice versa. Consider all actions taken by the Fed
during your decade and analyze their impact on the overall economy, paying
particular attention to GDP growth rates, unemployment and inflation.
• Also, consider how individual households and businesses were impacted by
the policy decisions. For example, if interest rates were increased, how did
this affect people’s ability to buy new homes or cars? How did it affect
business investment?
ECO 202
References
• Include references in APA style.
• For help with what in-text citations and reference listings should look like in a
PowerPoint, refer here.
ECO 202
ECO 202 Milestone Three Guidelines and Rubric: Monetary Policies
Continue your observation of the 10-year period selected for Milestones One and Two, and research the government monetary policies during that timeframe.
Specifically, the following critical elements must be addressed:
Examine the monetary policies in place at the start of your specific time period in relation to their effects on macroeconomic issues. For instance,
consider the discount rate set by the Fed, the rates on reserves, open market operations, and so on.
Analyze new monetary policy actions undertaken by the U.S. government throughout the time period by describing their intended effects, using
macroeconomic principles to explain the actions.
Explain the impact of the new monetary policy actions on individuals and businesses within the economy by integrating the macroeconomic data and
principles.
Guidelines for Submission: Your monetary policies milestone should be 3–5 slides, not including title or reference slides, and include speaker notes to
accompany the slides. Your reference list slide needs to be in APA format.
Critical Elements
Monetary Policies
Policy Actions
Proficient (100%)
Examines the monetary policies in
place at the start of the selected
time period in relation to their
effects on macroeconomic issues,
and provides information in speaker
notes
Needs Improvement (75%)
Examines the monetary policies in
place at the start of the selected
time period, but does not relate
them to their effects on
macroeconomic issues, or does not
provide information in speaker
notes
Analyzes new monetary policy
Analyzes new monetary policy
actions undertaken by the U.S.
actions undertaken by the U.S.
government throughout the time
government throughout the time
period by describing their intended period, but does not describe their
effects, uses macroeconomic
intended effects, does not use
principles to explain the actions,
macroeconomic principles to
and provides information in speaker explain the actions, or does not
notes
provide information in speaker
notes
Not Evident (0%)
Does not examine the monetary
policies in place at the start of the
selected time period
Value
30
Does not analyze new monetary
policy actions undertaken by the
U.S. government throughout the
time period
30
Impact
Comprehensively explains the
impact of the new monetary policy
actions on individuals and
businesses within the economy by
integrating the macroeconomic
data and principles, and provides
information in speaker notes
Articulation of Response Submission has no major errors
related to citations, grammar,
spelling, syntax, or organization
Explains the impact of the new
monetary policy actions on
individuals and businesses within
the economy, but is not
comprehensive, does not integrate
the macroeconomic data and
principles, or does not provide
information in speaker notes
Submission has major errors related
to citations, grammar, spelling,
syntax, or organization that
negatively impact readability and
articulation of main ideas
Does not explain the impact of the
new monetary policy actions on
individuals and businesses within
the economy
30
Submission has critical errors
related to citations, grammar,
spelling, syntax, or organization that
prevent understanding of ideas
10
Earned Total
100%
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