This is the information for the term project in this course. This assignment will be due at the end of Module 7.

Review and reflect on the major topics in this course

1) Philips Curve

2) Permanent Income hypothesis and Life cycle hypothesis

3) Monetary and Fiscal policy

4) Lucas Critique.

5) Mundell-Fleming Model

Write a research paper based upon a current event. It can be from the list above or can be from other macroeconomic prespectives and theories and their relevance in current era.  Select the research problem and go for review of existing literature and try to find out your research gap. Based on the gap formulate some objectives of the study.  Take some data relevent to your problem an use some statistical/econometric techniques for the analysis of the data. you will come up with results and at last write some respectable suggestions.

Length: 8-10 pages, not including title and reference pages

Your assignment should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards

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