Essay
#1
The
Federal Reserve System of the United States
Take
a moment to outline your thoughts. Make a graphic organizer to help you get
started. In this essay I want you to discuss these items:
What
is the FED?
Who
is the head of the FED?
What
is the FED’s essential mission?
Identify
the three (3) main responsibilities of the FED and thoroughly explain them.
Finally,
how does the FED control for inflation and recession?
Essay
#2
Money!
Develop
an essay that explains:
· What money is?
· Why we use money?
· What is the money
supply?
· The characteristics
of money.
· The types of money we
use today.
· Finally, why isn’t
money equally exchangeable around the world?
Essay
#3
What is the government’s role in our
economic system?
There
were four areas that you learned in which the government plays an important
part (is providing something, acts as a watchdog, etc…). In your notes, the day
we discussed them, we labeled them A, B, C, and D. Please explain the four
different and important responsibilities our government has in our economy and
please explain with details we discussed from notes and class.
Essay
#4
A Free Market Economy vs. A Planned
Economy
This
essay is about Comparing and Contrasting the Command and Free Market Economic
Systems. To complete this essay successfully you will need to explain the
ideology (fundamental principles or ideas) of each of these systems. There
should be a discussion of the advantages and disadvantages of each. Also, you
should include examples of countries that lean towards each. Be sure to tie in
examples from class (ex. The Rumanian revolution of 1989 that we watched video
about).
Essay
#5
Investment
Portfolio Manager
You work for an important investment bank. Your job
title is Investment Portfolio Manager. This means your job is to talk to people
about the different ways they can invest their hard earned money and plan for
their future. A young couple walks into your office and sits down. They are
ready to come up with a plan for their future and very interested in what you
have to say. Please explain the different options the couple has to save and
invest. This will include stocks, bonds, mutual funds, money markets, certificates
of deposit, and traditional savings accounts. Explain what each is and the
possible advantages and disadvantages of each.
Essay
#6
Karl
Marx and Adam Smith
Two
men who spent a lot of time thinking about economics. Both were writers and were
very influential in their time and even now in regards to their economic
beliefs and theories. Develop an essay that contains the following information:
brief
biographical sketch (brief history of the person)of each man
economic
ideas and theories each had
books
they wrote to spread their ideas
economic
system each is closely linked with
