ECO 561 Week 2 Assignment Government Interventions (Unemployment Insurance) NEW

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ECO 561 Week 2 Assignment Government
Interventions (Unemployment Insurance) NEW Check
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ECO 561 Week 2 Assignment Government
Interventions (Unemployment Insurance) NEW
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The theory of market economies emphasizes freedom
of choice and limited government intervention.
The classic argument for government intervention
is market failure - the inability of the market
economy to correct itself from a dysfunctional
state (such as the Great Depression). Students
will examine articles from the University
library to analyze real-world examples of U.S. I
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intervention programs and apply current week
readings to make intelligent conclusions about
the economic policies.
Examples of intervention programs you may select,
but are not limited to US agriculture support
programs
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Low income support programs (Food Stamps, Earned
Income Tax Credit, Child Tax Credit, and
Temporary Assistance to Needy Families)
Medicaid, Children's Health Insurance Program,
The Affordable Care Act (Obamacare)
Low-income rent controls and housing vouchers
Government promotion of renewable energy II i t
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sources to discourage use of fossil fuels such
as coal and oil
Unemployment Insurance
Bailout of U.S. banks and other financial
institutions during the Great Recession
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Bailout of U.S. auto makers during the
Great Recession Social Security retirement
benefits
Develop a minimum 10-slide Microsoft PowerPoint
presentation including detailed speaker notes or
voiceover including the following Describe the
intervention and detail its history.
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Analyze the arguments for government intervention
as opposed to arguments for market-based
solutions. Hint See the information in our
course textbook on market failures. Examine who
may be helped and who may be hurt by the selected
government intervention. Examine externalities
and/or unintended consequences of such
intervention.
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Determine the cost trend of the intervention
program since its implementation including
whether costs are increasing, decreasing, or vary
with the state of the economy.
Evaluate the success or failure of the
intervention in achieving its objectives and
develop conclusions.
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Recommend whether the program should be
continued as is, discontinued, or modified and
defend your recommendation.
Note The use of tables and/or charts to display
economic data over the time period discussed is
highly encouraged. However, if your source
includes the copyright symbol, which looks like
this , then you should not copy any table
and/or charts from that source. You could use,
but are not required to use, charts/graphs
retrieved from the
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Federal Reserve Bank of St. Louis FRED web site
as long as the data sources used by FRED to
create those charts are government sources such
as the Bureau of Economic Analysis or the Bureau
of Labor Statistics. Cite a minimum of three
scholarly, peer-reviewed references. Format your
paper consistent with APA guidelines.
http//www.eco561assignment.com Examine
externalities and/or unintended consequences of
such intervention.
Determine the cost trend of the intervention
program since its implementation including
whether costs are increasing, decreasing, or vary
with the state of the economy.
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Evaluate the success or failure of the
intervention in achieving its objectives and
develop conclusions.
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r a
ht Recommend whether the program should be
continued as is, discontinued, or modified and
defend your recommendation.
Note The use of tables and/or charts to display
economic data over the time period discussed is
highly encouraged. However, if your source
includes the copyright symbol, which looks like
this , then you should not copy any table and/or
8
charts from that source. You could use, but are
not required to use, charts/graphs retrieved from
the Federal Reserve Bank of St. Louis FRED web
site as long as the data sources used by FRED to
create those charts are government sources such
as the Bureau of Economic Analysis or the Bureau
of Labor Statistics.
Cite a minimum of three scholarly,
peer-reviewed references. httD//www.eco561assignm
ent.com Format your paper consistent with APA
guidelines.