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• Content: All of the required elements are included in the assignment; main ideas are addressed; content is correct, accurate, and of high quality: 0 – 20 points. • Analysis: Analysis of the information is evident: 0 – 20 points. • APA Format: Follow APA guidelines when you cite your sources. Up to five points will be deducted for NOT using the correct APA format. • recognize fiscal policy as an important tool of government intervention in a market economy. • comment on the role of government regulation on economic activity. • analyze how interest rates affect the market economy. • evaluate the effects of interest rates on the investment and output in an economy. In this part of the project you will explore the role of the government and inter-governmental organizations in developing, maintaining and growing a nation’s economy. Recent global economic crisis renewed the debate on the role of the government in a market economy. Macroeconomics as a science was born out of the Great Depression in the 1930s. Prolonged periods of unemployment, below capacity production, deflation (decrease in prices) are inconsistent with the classical economic theory.

Looking at a government role in regulating and coordinating an economic activity should be the main point of discussion for this part of your project.will explore your assigned country’s efforts directed towards a sustainable economic growth. It is widely believed that technological development is crucial in achieving and maintaining economic prosperity. However, in the recent years, the environmental impact of economic activity has become an important issue both in theory and in practice. This assignment will become the fourth part of your project. Your professor will grade, comment, and return your paper to you. You should review and revise your paper to prepare it as a part of your final report. The report should be based on the publicly available information that you obtained. You may want to use materials published by the European Commission. 2. Compose your report in Microsoft Word following APA guidelines. Please include your name, the assignment name and number, the course and section number, and the date on your title page.