Describe Macroeconomics Globalization.

Term Paper- Each student will be required to submit a master’s level written term paper on an economic topic. The paper is to be in APA or MLA format and be a minimum of 8 pages long. Topic choices include, but are not limited to:▪Effects of inflation ▪Determinants of unemployment ▪Pros and cons of using national income accounts such as GDP ▪Pros and cons of the AD-AS model ▪Critique of a macroeconomic theory ▪Compare and contrasting of Classical and Keynesian models ▪Pros and cons of fiscal policy ▪Historical study of the effects of a particular fiscal policy tool ▪Historical study of the effects of a particular monetary policy tool ▪History of the Federal Reserve System ▪Central banking ▪The current financial crisis (circa 2008) ▪The Great Depression (1930’s) ▪American economic history ▪Interest rate models ▪International financial issues ▪Effects of optimal currency areas ▪GlobalizationOther topics of interest may be chosen, with the instructor’s approval.The completed paper will be due no later thanMay8, 2020. Late term papers will receive a zero.