This assignment aims to apply the concepts and theories learned in class to a specific real world event. You will be working in a pair of your choice to analyze a news article.

Assignment

1. Each team (two students maximum) must find an article from the New York Times, The Economist, The Wall Street Journal, or The Financial Times (or a pre-approved alternate reputable news source) that addresses a concept we have covered in class and interests you and your partner. You will need to do a theoretical analysis for a news article, so choose one that is sufficiently in depth and has some material to discuss.

2. Each team will have to turn in a typed analysis of their article (double-spaced, two pages maximum). You must also turn in a copy of the article you have chosen.

3. Each analysis should include at a minimum:

i) One paragraph summarizing the article (Be short!)

ii) One paragraph relating the article to theories we have discussed in class (Please accompany relevant graphs or equations here.)

iii) One paragraph of interpretation

– provide your explanation if the macroeconomic theory learned in class does not fit into your article. Is it due to the particular assumption(s) of the model? Can you think of any way to extend or improve the model so that it may explain the events in your article better?

Grading

Your paper will be graded based on:

1. Writing structure as instructed above

2. Appropriateness of analytical methodolgy

3. Clarity of model implication and your interpretation

4. Contribution (Please provide a brief description of what each member contributed in a separate page)