The use of outside sources of information, besides our text and lectures, is strongly encouraged. Let’s target no less than 5-pages and no more than 10. Double spacing is acceptable.

· Research, compare and contrast the major macroeconomic policy initiatives or proposals from Democrats and Republicans. Specifically, consider the following major issues:

o More rapid economic growth as measured by the change in Real GDP
o Federal Reserve policy philosophy and policy
o Labor market conditions including unemployment, labor force participation and wage and unit labor cost growth
o Finance and banking regulation and reform
o Tax reform and/or proposed tax policy changes
o The fiscal cliff
o Immigration policy
o International trade goals
o Energy development and environmental issues
o Implications of the implementation of ObamaCare

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