Assignment: Economics Analysis Paper
When policymakers get the economic forecast wrong it can have significant and long-reaching consequences. A recent example of this is the 2008 financial crisis and recession caused significantly by a housing bubble fueled by sub-prime mortgage lending. Analyze the policymakers' choices leading up to 2008. Paper would need to be at least 5 pages
o Identify and explain the key actions/missteps of policymakers
o Discuss the theoretical foundation that motivated the policymaker.
o What assumptions guided their choices?
o What political factors influenced their choices?
o Make at least 1 recommendation on how these missteps could have been avoided.
Format your assignment according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.