WRITING ASSIGNMENT #5

WRITING ASSIGNMENT #5 “MACROECONOMICS FOR NON-ECONOMISTS” Due Date: Monday, December 7 th in class. Suppose that on a Sunday afternoon you are having a lunch with a friend who is majoring in English literature (or any other non-economics field). He/she has never taken any economics classes before. However, he/she is required to take Macroeconomics class next semester. From your experience of a person who already has some expertise in economics, answer each of the following questions of your friend. I do not set up a particular requirement on the length of your answer to each question. It is up to you to decide on this. Make sure that each of your answers is sufficient, yet straight to the point. Please, number your answers in accordance with the questions. 1. Considering the topics that you studied in macroeconomics class, what are the most interesting areas (topics) of macroeconomics that I will be studying? Why? 2. What are the main difficulties (challenges) that I will encounter when studying macroeconomics? 3. Why would I need to draw a lot of graphs in this class? Isn’t it enough to just use plain verbal statements not supplemented by graphs? 4. If you could only use 5 words or very short phrases to describe what Macroeconomics is, which ones would they be? 5. In your opinion, what are the 3 main problems/challenges that U.S. economy will face in 2016? Why? Name_________________________________________________WIN___________________ WRITING ASSIGNMENT #5