Identify the key assumption of classical models in macroeconomics.

Using the following list of reading objectives, chose at least one objective from EACH chapter and demonstrate your mastery of the objective using your own words. You should use the terminology and concepts from the text, but not simply copy the text as your answer. Outside research and/or real-life examples are a great way of further explaining an objective. The goal of this assignment is to demonstrate mastery of concepts through the act of explaining concepts to others. Your research is intended to aid in your explanation of the topic, but not be the entire explanation. In order to show a mastery of the concept you must be able to explain the topic in your own words.

Chapter 7:
•Identify the key assumption of classical models in macroeconomics.
•Explain the concept of diminishing returns to labor.
•Analyze how shifts in demand and supply affect wages and employment.
•Explain how full employment is determined in a classical world.
•Describe how changes in taxes can affect full employment.
•Compare crowding out in a closed and open economy.

Chapter 8:
•Calculate economic growth rates.
•Explain the role of capital in economic growth.
•Apply growth accounting to measure technological progress.
•Discuss the sources of technological progress.
•Assess the role of government in assisting economic growth.

Writing Requirements (APA format)
•3-4 pages (appro

Textbooks: Champion, D. J., Hartley, R. D., & Rabe, G. A. (2012). Criminal courts: Structure, process, and issues (3rd ed.). Boston, MA: Pearson. Identify the types of laws from the textbook and describe each law. Include an example of each law.

Textbooks: Champion, D. J., Hartley, R. D., & Rabe, G. A. (2012). Criminal courts: Structure, process, and issues (3rd ed.). Boston, MA: Pearson.

Identify the types of laws from the textbook and describe each law. Include an example of each law.

Discuss how the article you’ve selected from the CSC website relates to the content covered in class thus far.

Discuss how the article you’ve selected from the CSC website relates to the content covered in class thus far.

Web Resource
Correctional Services Canada has prepared, commissioned, or funded a number of research projects. These are organized by topic on the Correctional Services Canada website (Links to an external site.).
Visit this website and then choose an article you are interested in from one of the following categories:
Community Corrections
Correctional Programs and Interventions
Offender Profiles and Forecasting
Women Offenders
Aboriginal Offenders

TO KNOW WHAT THE COURSE IS ABOUT LOOK AT THIS BOOK READ WHAT THIS BOOK IS ABOUT AND THEN RELATE

Serin, R., Forth, A., Brown, S., Nunes, K.,

Explain what methodology is used, and if appropriate, what data is used ?

Find an article. Write an approximately
seven-hundred word, typed, summary of that paper
and mention articles that have cited the one you are
reviewing.

Is it an article from an academic journal?
Is it an article about Regional Economics?
Explain what problem the paper addresses and why it matters ?
Explain what methodology is used, and if appropriate, what data is used ?
Explain what the author’s main conclusions are ?
Using the Social Science Citation Index, find an article that cites the
one you are reviewing. Discuss in your review what it says about the
article.
Give your own assessment of how significance, useful, readable, and
well done the paper is.
Write an ABSTRACT of your review.
Provide a list of FOUR references including the ones you find in the
Social Science Citations Index. They must be in the CJE format.
Write an appropriately graceful acknowledgement.
quality and clarity.

Evaluate the impact of the contradictory monetary and fiscal policies on income, unemployment rate and the price level.

3rd report
Title: Impact of fiscal and monetary policies on employment, income and price level.
a. Students can use macroeconomic models in chapters 11, 12 and 13.
b. When do we employ expansionary monetary and fiscal policies? Evaluate the impact of the expansionary monetary and fiscal policies on the price level.
c. When do we employ contractionary monetary and fiscal policies? Evaluate the impact of the contradictory monetary and fiscal policies on income, unemployment rate and the price level.
Comments:

When do we employ expansionary monetary and fiscal policies?

3rd report
Title: Impact of fiscal and monetary policies on employment, income and price level.
a. Students can use macroeconomic models in chapters 11, 12 and 13.
b. When do we employ expansionary monetary and fiscal policies? Evaluate the impact of the expansionary monetary and fiscal policies on the price level.
c. When do we employ contractionary monetary and fiscal policies? Evaluate the impact of the contractionary monetary and fiscal policies on income, unemployment rate and the price level.
Comments: