GROUP ASSIGNMENT MACROECONOMICS BB106

You are to select an article from newspaper, magazine or online media on any government attempt to fix the problems of a stricken economy through rolling out fiscal stimulus packages. The article must have been written after June 1, 2012. A copy of the article showing date and source is to be attached with the assignment as appendix. You are to critically apply Keynesian economics. The assignment should be approximately 2,000 words in length, Hence, you are advised to keep your sentences short and sharp. Diagram, if any, must be well labeled. The body of the assignment should include, among others: Why were Keynesian ideas revolutionary? How does Keynes theory work? What economic conditions in your news article that require government intervention? Do you have faith that this intervention will be effective? How have the economists views on Keynesian economics changed over time? Is Keynesian economics dead today?

IMPORTANT INSTRUCTIONS 1) The assignment is worth 30%: 25 marks will be allocated for content and analysis and 5 marks will be allocated for professional skills (good layout presentation, correct written expression, correct grammar and spelling, referencing). 2) You are to compose your document in MS-Word format. 3) You are to use the font style Times Roman font size 12 and double line spacing. 4) You are to use APA-styled referencing. 5) You are to bind the assignment. A standard assignment cover page can be down loaded from LMS. 6) You have to keep appropriate backup copies of the assignment submitted. 7) The assignment due date is March 6, 2013. 8) A penalty of 5% per day will be deducted from the assessment mark for late submission.