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QUESTION
1.You are an economic adviser to the United States. You are required to prepare a report forecasting the condition of the economy in the year to eighteen months.
2.You should identify the current economic conditions of the economy and examine how important sectors (the financial, housing, tourism, manufacturing sectors, etc. depending on what sectors are most significant for your selected economy) of the economy are likely to impact the economy over the horizon of the next year.
3.You should discuss fiscal and monetary policy and how models like the IS-LM model and the Mundell Fleming model indicate how these policies are likely to play out in the short run and the long run. You will want to identify the most pressing issues facing your economy. You should pay attention to what role debt may play in the economy and any implications the international sector will have for the positioning of your economy in the next year.
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