Assignment 1 Spring 2020

Due: Mar 29, 11:59pm Investments

Submit your assignment in one .ppt/.pptx/.pdf file. Please name your assignment as
“A1 StudentID Name”. Email your assignment to TA via (zhangwangruc@ruc.edu.cn).

We are living in a special moment in the history because of the COVID-19 outbreak. As
of 23 March 2020, a total of 336,000 cases were confirmed with 223,026 active cases and
14,641 deaths in 167 countries and territories, including five cruise ships.

Total confirmed cases of COVID-19 by country and territory (as of 23 March 2020)

In this assignment, I would appreciate hearing your thoughts and opinions on its impact
on the world’s economies and financial markets. What’s your outlook for the economy?
How will it affect the financial markets? What recommendations do you have for the
decision makers?
1. Monetary Policy. (StudentID ending in 0, 1, 2) Do you agree or disagree with
any existing monetary policy? Imagine yourself as the monetary policymaker, what
policy and action do you recommend?
2. Fiscal Policy. (StudentID ending in 3, 4, 5) Do you agree or disagree with any
existing fiscal policy? Imagine yourself as the fiscal policymaker, what policy and
action do you recommend?
3. Asset Management. (StudentID ending in 6, 7) Imagine yourself as a portfolio
manager, what is your outlook for the capital market? How would you make the
asset allocation decision?
4. Financial Crisis. (StudentID ending in 8, 9) We have seen the financial crisis of
2008 which is the biggest economic downturn since the Great Depression. What do
we learn from that experience? Do you think we will have another financial crisis in
2020?
The purpose of this assignment is to initiate a discussion. These are all open-ended
questions, and served as guidance. Please do not limit your thinking by all means.
Prepare a short presentation. You only need to submit one .ppt/.pptx/.pdf file. There
will be random cold calls in the next class.