Due Oct 17 by 11:59pm Points 30 Submitting an external tool

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• Due Oct 17 by 11:59pm
• Points 30
• Submitting an external tool

Final Paper

The purpose of the Final Paper is for you to culminate the learning achieved in the course by describing your understanding and application of knowledge in the field of business cycles through the analysis of a financial case. The Final Paper represents 30% of the overall course grade.

Focus of the Final Paper

Finance The financial sector has a profound influence on important macroeconomic variables like GDP growth, employment and inflation. The evolution of financial institutions has made the world’s economies more interconnected than ever, allowing financial “contagion” to spread out of control. In an eight- to ten-page paper (not including title and references pages), address the following:

• The Great Recession of 2007-08 occurred just as Knoop was completing his text. Describe this financial crisis and describe the effect that destabilized credit, mortgage, derivative, and insurance markets had on national economies and assess the stabilization policies implemented to address them
• Compare and contrast two different countries during this time period as they experienced financial crises.
• Explain the role and action that central banks took to stabilizing the business cycle. Be sure your answer includes appropriate data, graphs, terms, macroeconomic indicators and theories used.
• Indicate which country you believe implemented the best stabilization policy during the crises, supporting your selection with scholarly resources.

Writing the Final Paper

The Final Paper:

• Must be eight to ten double-spaced pages in length, and formatted according to APA Style

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