FINANCIAL PLANNING OF HEALTHY MEDICAL PRACTICES
QUESTION Since April the 6 Monetary Economics Essay/Project is a Public Holiday and that we therefore will not be having a lecture I have decided 3 things: th 1. The topic for that week is inflation and this topic WILL NOT form the basis of a question in the Test or Final Exam. 2. The topic will be done as a student reading topic i.e. I will provide you with some lecture notes and reading and you will cover the topic yourself. 3. Inflation will form the basis of your Essay/project for the unit. Essay project – maximum of 3000 words (excluding references). I want you to write this essay as if you were and economist advising a political leader on the economic situation in the country of your choice. Give him/her an outline of the nature of the problem, what economic theory tells us about the potential policy solutions to the problem and what the possible economic consequences of the policy might be. In doing this I expect you to find appropriate (real world) data and economic examples to illustrate your brief to the minister – the brief must be well written, well presented and clear. I do expect you to include some theory in your brief but I expect it to be interpreted and explained in clear lay language – no one is going to get points for a whole load of equations and a model but they will if they can explain what the model does, how it works and what it says. Pick any one of the many European countries which were suffering from high inflation in the late 70’s early 80’s. Your project is to write a brief for the minister explaining: 1. …
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