Write a paper modeled as a policy recommendation in which you:
- Briefly describe the economic problem you have selected.
- Discuss the major impact to society of the problem.
- Design a proposed economic policy solution to the problem.
- Discuss how economic theory predicts the policy would work.
- Discuss how the economic policy you propose would impact the market or solve the economic problem.
- Provide references to at least five (5) peer-reviewed articles to support your proposed policy.
Learning Outcomes associated with this assignment are:
- Analyze the economic impact of major social problems and issues such as poverty, discrimination, crime, income distribution, the role of government, and other major issues.
- Explain how the economic behavior of individuals, businesses, and governments can affect economic growth, social well-being, and the quality of life.
- Use economic analysis to describe the social costs and benefits of government and public policy choices.
- Identify the relationship between economic activity and the resources available in a society.
- Appraise the role of large firms in terms of economic performance and social impact.
- Assess the major economic and related social issues associated with production, resource markets, and international trade.
- Use technology and information resources to research economic problems and issues.
- Write clearly and concisely about economic problems and issues using proper writing mechanics