This paper is not as heavy or terminology-detailed. It is an Intermediate Macroeconomics course paper.
The prompt is: Conduct a Macroeconomic historical analysis of the U.S. for the 1995-2005 decade.
Identify major events and policies occurring in the U.S. in your assigned decade that could impact the economy and then use the models developed in this class to analyze the economic impacts of your identified events and/or policies.
The potential models to consider using would include:
1. IS-LM-Phillips curve
2. Solow Growth Model
3. AS/AD Model
4. Production Model
Collect data for the relevant variables from the Federal Reserve Bank of St. Louis’s FRED Database, create graphs of these variables over time, and compare the predictions of the models to the data.