✅ Instructions:

Research and find answers the following questions by using articles from current or past events from any major publication (electronic or print edition) to be your research references. Articles that appear in economic journals or business magazines such as The Economist are good resources. In addition, articles that appear in blogs or newspapers are good sources for further research. Several links to good references are available under the Content and the Announcement section on the class website as well as a sample and guildlines for your research.

The objective of the paper is to summarize, analyze, critique, support (or question) the articles, and relate the articles to your research questions. The paper must show an analysis of a real world situation using economics concepts, framework, and theories to suggest such as what the problems are, why there are the problems, how to fix the problems, what the pros and cons of each solution are, and how it will affect each group of people.

Remember: Your assignment is to write a research paper, NOT a dictionary or a section of a textbook or a newspaper article or a Wikipedia. Use economics theories and concepts to analyze real world economic problems.

paper must have a minimum of 750 words but should not over 1,200 words excluding title, quotes, and references. A paper between 700-749 words will receive a maximum of a “C+” or lower. A paper below 700 words will receive a maximum of a “C” or lower depending on a quality of a paper.

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✅ Research topic and Questions✅What’s wrong with the debt ceiling deal

Applied Topics: National debt, government budget deficit

Research Questions:

  1. What is debt ceiling? Why is it important?
  2. How cutting government spending could help boost the recovery process of the economy? (Or it could actually hurt?) What should our government do?

Possible article to answer the research questions (don’t forget to find more supporting articles):

http://money.cnn.com/2011/08/02/news/economy/debt_ceiling_deficit_hawks/index.htm?iid=EL

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