UMUC ECON305 WEEK 7 DISCUSSION

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UMUC ECON305 WEEK 7 DISCUSSION

WEEK 7 Unlocked: Monday, February 23, 2015 12:00 AM EST – Sunday, March 1, 2015 11:59 PM EST.Last week we explored deflation which was one of the risks that arose from the Great Recession. This week we want to focus more directly on the macroeconomic policy responses to the Great Recession. Chapter 15 provides a useful and detailed starting point for the discussion.

Since there are many aspects to the macroeconomic response. Both in the US and in the Europe, built from the information in Chapter 15 and select one or more aspects of the policy responses to explore in more detail. Monetary policy as well as fiscal policy responses are appropriate for examination.

Use this as an opportunity to examine as aspect of the US response or the UK’s or European Central Bank’s response to this challenge that is of particular interest to you.