1/17/23, 1:42 PM Week 7: Assignment 1 – Demand-side Policies and the Great Recession of 2008 – ECON102 D005 Fall 2022 – APEI
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Week 7: Assignment 1 – Demand-side Policies and the
Great Recession of 2008
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ECON102 D005 Fall 2022 LE
Assignments Week 7: Assignment 1 – Demand-side Policies and the Great Recession of 2008
Assignment 1: Demand-side Policies and the Great Recession of 2008
Macroeconomic analysis deals with the crucial issue of government involvement
in the operation of “free market economy.” The Keynesian model suggests that it
is the responsibility of the government to help to stabilize the economy.
Stabilization policies (demand-side and supply-side policies) are undertaken by
the federal government to counteract business cycle fluctuations and prevent
high rates of unemployment and inflation. Demand side policies are government
attempts to alter aggregate demand (AD) through using fiscal (cutting taxes and
increasing government spending) or monetary policy (reducing interest rates). To
shift the AD to the right, the government has to increase the government
spending (the G-component of AD) causing consumer expenditures (the C-
component of AD) to increase. Alternatively the Federal Reserve could cut
interest rates reducing the cost of borrowing thereby encouraging consumer
spending and investment borrowing. Both policies will lead to an increase in AD.
Develop an essay discussing the fiscal and the monetary policies adopted and
implemented by the federal during the Great Recession and their impacts on the
U.S. economy. Complete this essay in a Microsoft Word document, and in APA
format. Note your submission will automatically be submitted through “TurnItIn”
for plagiarism review. Please note that a minimum of 1500 words for your essay
is required.
Your paper should be structured as follows
1. Cover page with a running head
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1/17/23, 1:42 PM Week 7: Assignment 1 – Demand-side Policies and the Great Recession of 2008 – ECON102 D005 Fall 2022 – APEI
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Due Date
Jan 22, 2023 11:59 PM
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2. Introduction: What is the economic meaning of a recession?
· A brief discussion of fiscal policies
· A brief discussion of monetary policies
3. Conclusions: Discuss the extent to which the use of demand side policies (fiscal
policy and monetary policy) during the Great Recession of 2008 has been
successful in restoring economic growth and reducing unemployment
4. References
Include in your essay analyzing the advantages and disadvantages of deficit
spending and the effects of federal government borrowing on the economy
i.e., the “crowding out” effect.
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1/17/23, 1:44 PM Week 7: Assignment 1 – Demand-side Policies and the Great Recession of 2008 – ECON102 D005 Fall 2022 – APEI
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Week 7: Assignment 1 – Demand-side Policies and the
Great Recession of 2008
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ECON102 D005 Fall 2022 LE
Assignments Week 7: Assignment 1 – Demand-side Policies and the Great Recession of 2008
Print Rubric
ECON Writing Assignment Rubric
Course: ECON102 D005 Fall 2022
Criteria Exemplary Accomplished Developing Beginning
Did
not
attempt
Criterion
Score
Assignmen
t Content
/ 656
5 points
Exceeds
expected
level of
explanation
and
discussion
on the
assignment
areas/topics.
All areas
included in
the analysis.
55.25 points
Meets
expected
level of
explanation
and
discussion
on the
assignment
areas/topics.
All areas
included in
the analysis.
48.75 points
Does not
meet
expected
level of
explanation
and
discussion
on the
assignment .
No more
than one
areas of
analys
is
need
improvement
and/or
additional
development
.
42.25 points
Does not
meet
expected
level of
explanation
and
discussion
on the
assignment .
Multiple
areas of
analysis
need
improvement
and/or
additional
development
. One or
more areas
were not
addressed.
0 points
Does not
meet
expected
level of
explanation
and
discussion
on the
assignment.
Significant
areas of
analysis
need
improvement
and/or
additional
development
. Assignment
not
submitted.
Submit Cancel
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1/17/23, 1:44 PM Week 7: Assignment 1 – Demand-side Policies and the Great Recession of 2008 – ECON102 D005 Fall 2022 – APEI
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Criteria Exemplary Accomplished Developing Beginning
Did not
attempt
Criterion
Score
Assignmen
t Content
/ 10
10 points
Student
demonstrate
s proficient
command of
the
subject
matter
in the
assignment.
Assignment
shows an
impressive
level of
depth of
student’s
ability to
relate
course
content in
examples
given.
8.5 points
Student
exhibits
above
average
usage of
subject
matter in
assignment.
Student
provides
above
average
ability in
relating
course
content in
examples
given.
Details and
facts
presented
provide an
adequate
presentation
of student’s
current level
of subject
matter
knowledge.
7.5 points
The
assignment
reveals that
the student
has a
general,
fundamental
understandin
g of the
course
material.
Whereas,
there are
areas of
some
concerning
in the
linkages
provided
between
facts and
supporting
statements.
Student
generally
explains
concepts,
but only
meets the
minimum
requirements
in this area.
6.5 points
Student tries
to explain
some
concepts,
but
overlooks
critical
details.
Assignment
appears
vague or
incomplete
in various
segments.
Student
presents
concepts in
isolation,
and does not
perceive to
have a
logical
sequencing
of ideas.
0 points
Explaination
of concepts
not provided
and/or only
surface level
understandin
g is present .
Assignment
is
incomplete
or not
submitted.
1/17/23, 1:44 PM Week 7: Assignment 1 – Demand-side Policies and the Great Recession of 2008 – ECON102 D005 Fall 2022 – APEI
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Criteria Exemplary Accomplished Developing Beginning
Did not
attempt
Criterion
Score
Thesis and
Support
/ 10
Grammar
and
Spelling
/ 5
10 points
The writing
has a clearly
articulated
original
thesis and
subordinate
ideas
supported by
reliable and
relevant
evidence
based on
original
research.
8.5 points
The writing
has a clearly
articulated
thesis
supported by
appropriate
evidence and
sound logic.
Minor gaps
in logic and
argument
may appear.
7.5 points
The writing
has a
clear
thesis and
related
subordinate
ideas
supported by
clear
thinking and
appropriate
evidence.
Logical
arguments
may be one-
sided or
incomplete.
6.5 points
The writing
may need a
more clearly
articulated
thesis and/or
appropriate
related
subordinate
ideas. Fuzzy
logic may be
evident and
adequate
supporting
evidence is
lacking.
0 points
Student has
a presented
information
with little to
no support
of reference
materials.
Assignment
is
incomplete
or not
submitted.
5 points
Paper
contains less
than 2
total
grammatical
and/or
spelling
errors.
4.25 points
Paper
contains 2-4
total
grammatical
and/or
spelling
errors.
3.75 points
Paper
contains 5-7
total
grammatical
and/or
spelling
errors.
3.25 points
Paper
contains 8-
10 total
grammatical
and/or
spelling
errors.
0 points
Paper
contains
more than
10 total
grammatical
and/or
spelling
errors.
Assignment
is
incomplete
or not
submitted.
1/17/23, 1:44 PM Week 7: Assignment 1 – Demand-side Policies and the Great Recession of 2008 – ECON102 D005 Fall 2022 – APEI
https://myclassroom.apus.edu/d2l/lms/dropbox/user/folder_submit_files.d2l?db=276788&grpid=0&isprv=0&bp=0&ou=72745 4/4
Total / 100
Overall Score
Criteria Exemplary Accomplished Developing Beginning
Did not
attempt
Criterion
Score
APA
/ 5
Mechanics
/ 5
5 points
Paper
contains less
than 2 APA
errors.
4.25 points
Paper
contains 2-4
APA errors.
3.75 points
Paper
contains 5-7
APA errors.
3.25 points
Paper
contains 8-
10 APA
errors.
0 points
Paper
contains
more than
10 APA
errors.
Assignment
is
incomplete
or not
submitted.
5 points
Paper meets
the
length
requirement
for the
assignment.
4.25 points
Paper
greater than
90% or
substantially
exceeds the
length
requirement
for the
assignment.
3.75 points
Paper is less
than 80%
but greater
than 70% of
the length
requirement
for the
assignment.
3.25 points
Paper is less
than 70% of
the length
requirement
for the
assignment.
0 points
Paper is less
than 60% of
the length
requirement
for the
assignment.
Assignment
is
incomplete
or not
submitted.
Exemplary
90 points minimum
Accomplished
80 points minimum
Developing
70 points minimum
Beginning
60 points minimum
Did not attempt
0 points minimum
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