Macroeconomics - 383- 302 -DW

Research Paper
Due date: Check Evaluation Timeline posted on Lea
Evaluation weight: 15%
Maximum Score: 100 points

Choose one of the topics listed below and write a 1500 to 2000 word essay. Conduct
your own research and provide appropriate references.

1. What if education subsidies are increased? – Analyze the effect on the labor market and
goods/services market.

2. Immigration and refugee entry into Canada has increased. - Analyze the effect on the labor
market and goods/services market.

3. The introduction of carbon taxes and emission quotas. Analyze the effect on the goods and
services market, output and growth.

4. Explain the impact of excessive use of quantitative easing on the economy. Analyze the effect on
the loanable funds market, money market and goods and services market.

5. What is the economic effect of reducing discrimination based on gender, ethnicity, religion, etc..
when selecting between job candidates? Analyze the effect on the labor market, output and
growth. Consider the improved efficiency due to better allocation of human capital. Consider
reduced efficiency caused by hiring quotas, where someone is hired because of gender, ethnicity,
religion, etc.. instead of competence.

6. Explain the impact of introducing universal basic income (UBI) in Canada. Assume that it would be
considered taxable income and would be funded by introducing new progressive income taxes on
the 10% of the population earning the highest income. Refer to the MINCOME experiment.
Analyze the effect on the labor market, output and growth.

7. You may select your own topic and request written approval of the instructor before proceeding.
Send me a Mio outlining your topic and we can discuss it.

Created by Imad Mantash Page 1 of 2

Based on your chosen topic you would need to answer some elements of the following:
• Goods and Services market – Which graphs will shift and in which direction?
Why? What will happen to prices and real GDP as a result?
• Loanable funds market - Which graphs will shift? Why? What will happen to
real interest rate and quantity of loanable funds as a result?
• Labor market and Production function - Which graphs will shift and in which
direction? Why? What will happen to real wages and quantity of labor employed
(employment) as a result?
• Output (GDP) and Growth - Which graphs will shift and in which direction?
Why? What will happen to potential GDP and real GDP (employment) as a
result?
• Money Market - Which graphs will shift and in which direction? Why? What will
happen to nominal interest rates, quantity of money and prices?
• Fiscal and Monetary Policy – What are the policies? Which markets are
affected directly? Which graphs will shift and in which direction? Why?

Include your recommendation based on the research. Your recommendation must

be based on research and not just your opinion about the subject.

Make sure you use the content covered in this course in your paper and analysis as
much as possible. Be concise and direct in your writing.

This paper has to be written in your own words.

Any plagiarism will result in a zero on the course and a report to the college
administration.

Submit your work using the assignment drop box on Lea/Omnivox.

Created by Imad Mantash Page 2 of 2