analyze a macroeconomic issue or phenomenon of your choice involving short and long run movements in national output, inflation,
Using macroeconomic models learned during the semester as a lens, analyze a macroeconomic issue or phenomenon of your choice involving short and long run movements in national output, inflation, unemployment, and exchange rates in the United States or elsewhere. Your analysis should include (i) what is happening in the economy, (ii) why is it happening, (iii) what will likely happen in the future, and (iv) what should policymakers do about it. Some example topics include:
• Why is the recent inflation in the United States so high?
• Economic growth in the United States since the financial crisis of 2008-2009
• How should the United States improve its unemployment insurance programs?
• Is China’s economic growth slowing down?
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