Paper Grading Guide - University of Phoenix
Money and the Prices in the Long Run and Open Economies Grading Guide
ECO/372 Version 10
Principles of Macroeconomics
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Individual Assignment: Money and the Prices in the Long Run and Open Economies Purpose of Assignment
Week 3 will help students develop an understanding of what money is, what forms money takes, how the banking system helps create money, and how the Federal Reserve controls the quantity of money. Students will learn how the quantity of money affects inflation and interest rates in the long run, and production and employment in the short run. Students will find that, in the long run, there is a strong relationship between the growth rate of money and inflation. Students will review the basic concepts macroeconomists use to study open economies and will address why a nation’s net exports must equal its net capital outflow. Students will demonstrate the relationship between the prices and quantities in the market for loanable funds and the prices and quantities in the market for foreign-currency exchange. Student will learn to analyze the impact of a variety of government policies on an economy’s exchange rate and trade balance.
Resources Required
National Bureau of Economic Research
Grading Guide
|Content |Met |Partially Met |Not Met |Comments: |
|Student developed an economic outlook forecast that includes a | | | | |
|discussion of how government policies can influence economic | | | | |
|growth. | | | | |
|Student developed an economic outlook forecast that includes an| | | | |
|analysis of how monetary policy could influence the long-run | | | | |
|behavior of price levels, inflation rates, costs, and other | | | | |
|real or nominal variables. | | | | |
|Student developed an economic outlook forecast that includes a | | | | |
|description of how trade deficits or surpluses can influence | | | | |
|the growth of productivity and GDP. | | | | |
|Student developed an economic outlook forecast that includes a | | | | |
|discussion of the importance of the market for loanable funds | | | | |
|and the market for foreign-currency exchange to the achievement| | | | |
|of the strategic plan. | | | | |
|Student developed an economic outlook forecast that includes a | | | | |
|recommendation, based on their findings, of whether the | | | | |
|strategic plan can be achieved and the student provides | | | | |
|support. | | | | |
|The paper is 2,100 words in length. | | | | |
| | |Total Available |Total Earned | |
| | |12 |#/12 | |
|Writing Guidelines |Met |Partially Met |Not Met |Comments: |
|Intellectual property is recognized with in-text citations and | | | | |
|a reference page. | | | | |
|Paragraph and sentence transitions are present, logical, and | | | | |
|maintain the flow throughout the paper. | | | | |
|Sentences are complete, clear, and concise. | | | | |
|Rules of grammar and usage are followed including spelling and | | | | |
|punctuation. | | | | |
| | |Total Available |Total Earned | |
| | |3 |#/3 | |
|Assignment Total |
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