Impact and Consequences of Government Monetary Policy Assignment

1. Identify and explain how household, business, and government behaviour determine aggregate demand and supply in an economy.
2. Recognise the key factors which contribute to, and detract from long-term economic growth, including market failure and government policy.   
3. Illustrate the operation of open and closed economies, and the processes of balance of payments and exchange rate adjustment.
4. Use these principles in an array of contexts so as to analyse economic problems (such as unemployment and inflation) and evaluate local and global solutions.

The assignment tests the student’s ability to break-down the impact and consequences of a particular government policy (e.g., monetary policy) on macroeconomics variables (i.e., inflation, interest rates, unemployment, exchange rates) and long term growth. The student will be required to illustrate their arguments with recent economic data, charts and graphs, where applicable, to compare and contrast policy alternatives.

Please choose from one of the following titles:

1. Outline and Explain, with examples, how Governments use Macroeconomic policy to increase Economic welfare. How successful have UK Governments been in the last 10 years and what challenges still remain?
2. Select two key Government Policy objectives and explain how either Fiscal Policy or Monetary Policy can be used to achieve these and what other factors influence the chances of success.
3. Evaluate the success of Government macroeconomic Policies to achieve both lower levels of Unemployment and lower rates of Inflation over the last 10 years.
4. Using Economic Policy analysis, outline and evaluate the possible positive and negative effects of BREXIT on standards of living in the UK.

Mode of working                                            

This is individual assignment. The University of Leeds Trinity/Waltham International College will apply in all cases on copying, plagiarism or any other methods by which students have obtained (or attempted to obtain) an unfair advantage. 

The work must be submitted in as an essay. The word limit for this assignment is 3000. Harvard referencing must be used throughout the essay. 

The work must be submitted in the form as instructed below;

Any choices of assessment components available to students must be clearly indicated, with the alternatives detailed in separate rows.

Each must be entered in a separate row and be easily classifiable into one of the three categories of Written exams, Coursework and Practical exams. Magnitude

Harvard referencing must be used throughout the assessment.      

Hand-in procedure

Please follow LTU policy regarding handing in of assignment. Also, ensure that the assignment is handed in on time (12.00 noon) and retain a copy of your submitted receipt.

You must upload an electronic copy of your assignment to Turnitin in word document. The Turnitin link can be found in WIC website from LTU section (Moodle).

The learning outcomes               

On successful completion of the module, you will be able to:

1.Demonstrate an understanding of the key issues surrounding the foundation of a business

2.Show understanding of the role of marketing in a modern business

3.Undertake simple research into a new market area and present the research

4.Apply principles of marketing to a real-world case study