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1 Dr. Martinez Spring 2020 Macroeconomics Make-Up Research Paper Research paper on Great Recession Due date/time: May 7, 2020 at 11pm (CST) (200 points possible) Note: Submissions made after the due date/time and before May 9, 2020 at 11pm (CST) will receive a 50% point deduction from earned score. No submissions will be accepted after May 9 at 11pm (CST) for credit. Recall this research paper score can replace a semester exam score. In chapter five of the course textbook, your author discusses the “Recession of 2007- 2009” and associated problems in the financial industry. Many business analysts and economists have called this the “Great Recession”. The requirement for this option is to write a research paper titled “Impacts of the Great Recession and Related Financial Crisis on Economic Growth and Unemployment in Texas and the Rio Grande Valley.” You should answer the following questions in your research paper: - How did the Great Recession and associated problems in the financial industry affect consumer spending in Texas and the Rio Grande Valley during and since the recession ended? - How did the Great Recession and associated problems in the financial industry affect government revenues and spending in Texas and the Rio Grande Valley during and since the recession ended? - How did the Great Recession and associated problems in the financial industry affect business investment in Texas and the Rio Grande Valley during and since the recession ended? 2 - How did the Great Recession and associated problems in the financial industry affect trade with Mexico in Texas and the Rio Grande Valley during and since the recession ended? - How did the Great Recession and associated problems in the financial industry affect unemployment in Texas and the Rio Grande Valley during and since the recession ended? - What initiatives are the best options available for implementation by policy makers at the state and local level to increase economic growth in Texas and the Rio Grande Valley, given the effects of the Great Recession and associated problems in the financial industry? Guidelines for research paper 1) The research paper essay should be between 2500 and 5000 words in length using double-spacing. 2) Don’t use a “question – answer” format for your paper. The groups of questions are composed of inter-related questions. You are advised to include introduction, main body, conclusion, and works cited sections. There are numerous ways to organize the main body. 3) The use of graphs, tables, and charts are encouraged. These can be included in the report or contained in an appendix. 4) You might find it useful to use a table of contents for your report. 5) Use a writing style that assumes the reader is a high school graduate with no educational background in business or economics. 6) The research paper should be produced in a word processing package and saved in MS-Word or .pdf format. 3 7) Use 1 inch margins, 12 point font, and a common font (such as Times New Roman, Calibri, Arial, and others). 8) Use MLA citation style in a consistent, standardized format. You are expected to use at least ten sources in addition to your course textbook as a source. Other sources selected by the student can include the following: news articles, magazine articles, journal articles, books, government reports, government/organization websites, reports by non-profit/private organizations, personal interviews, government/organization databases, and audio/visual reports. Include a works cited page. 9) Your full name, STC A#, course name/section (Econ 2301 – S13), instructor name, and semester (Spring 2020) should be in the upper-right hand corner. The title of the research paper should be “Impacts of the Great Recession and Related Financial Crisis on Economic Growth and Unemployment in Texas and the Rio Grande Valley”. 10) The filename for the research paper should be named “(first initial,last initial)_(STC A number)_Recession_S13_S20”. For example, suppose your name is Maria Lopez and your STC A# is A12345678. You would name the file “ML_12345678_Recession_S13_S20”. 11) It is acceptable for you to discuss research paper content with other students. You may seek tutoring assistance with sentence/paragraph structure, grammar, spelling, punctuation, and capitalization. You may ask the instructor clarifying questions on these “Guidelines” or the “Grading criteria”. Your research paper writing should be your own. 12) You must submit your completed essay before 11pm on December 6 in the Blackboard assignment module to be eligible for full-credit. 4 Grading criteria (200 points possible) 1) Is research essay coherent and organized within the guidelines and requirements? (30%) 2) Can the reader understand how the Great Recession and associated problems in the financial industry have affected consumer spending, government revenues and spending, business investment, and trade with Mexico in Texas and the Rio Grande Valley? (25%) 3) Can the reader understand the range of options facing policy makers in responding to the Great Recession and associated problems in the financial industry? Does the reader understand why some options are more efficient than others? (25%) 4) Do you use proper sentence structure and grammar? (10%) 5) Do you use correct spelling, punctuation, and capitalization? (10%)