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Page 2
Table of Contents
| page 2 |
- Table of Contents
- Terms and definitions
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| pages 3,5,7,9 |
The five most important
facts about each issue |
| pages 4,6,8,10, |
One or two guiding principles of
economics concerning each issue |
| page 11 |
The issue which in my
opinion should be funded (at the expense of the others)
|
page 11
continued |
Letter to the Council of
Economic Advisors prioritizing the economic issues based
on their factual merit and economic principles
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| page 12 |
The names of classmates
with whom I have shared this paper
Half-page reviews of the papers of the following two
classmates:
(1) __________________
(2) __________________
|
Terms and Definitions
Page 3
-
pages 3, 5, 7, and 9, ... the five most important facts
about each issue
|
page 3 |
Facts about Issue #
_1_
entitled "Killer
Airbags "
|
|
page 5 |
Facts
about Issue #
_2_ entitled
"Terrible
Trade-off"
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|
page 7 |
Facts about Issue #
_3_ entitled
"Flying the
Friendly Skies"
|
|
page 9 |
Facts about Issue #
__ entitled
"The
Mystery of Wealth" (in the 14th Edition)
or
" The Cost of
Terrorism" (in the 13th Edition) |
Use the
same format for page 3, 5, 7, and 9.
Page 4
- pages 4,
6, 8, and 10 ... the principles of economics concerning each
issue
|
page 4 |
Principles concerning Issue #
_1_
entitled "Killer
Airbags "
|
|
page 6 |
Principles
concerning Issue #
_2_
entitled
"Terrible Trade-off" |
|
page 8 |
Principles
concerning Issue #
_3_ entitled
"Flying the
Friendly Skies"
|
|
page 10 |
Principles
concerning Issue #
"The
Mystery of Wealth" (in the 14th Edition)
or
" The Cost of
Terrorism" (in the 13th Edition) |
Use the same format for page 4, 6, 8, and 10.
Page
11
|
page 11 |
Based upon the facts and principles, I recommend funding
Issue # ______
entitled "_______________________"at the expense of zero funding for the
remaining issues. |
|
page
11 continued |
Complete this form letter which explains the purpose of
the assignment to the Council of
Economic Advisors and which prioritize the issues from most
important to least important for national funding
purposes based upon your economic analysis.
|

Date:
_____________
Dear Members of the Council of Economic Advisors:
1. My report to you today is based upon my knowledge of The
Economics of Public Issues,
____ Edition, my
understanding of Foundations
of Macroeconomics
by Australian economist Robin Bade and Canadian economics
professor Michael Parkin, and my study under Mr. Tom Meyer of
Patrick Henry Community College in Virginia. Based on my
analysis and evidence I provided in the preceding pages of
Project #1,
I've prioritized the four economic issues given to me for
study. Here they are.
In
descending order of importance, you should consider funding:
A.
________________________________________________
B.
________________________________________________
C.
________________________________________________
D.
________________________________________________
2. Due to scarcity of available federal tax revenues, I'm told
you will probably fund only the issue you regard as the most
important. Unless I was given insufficient information, other
relevant variables have emerged, new data has arisen, or
circumstances have changed since the preparation of my report, I
respectfully and with confidence recommend federal funds be
spent to address and rectify conditions prevailing in Issue #
____, entitled
"
______________________________ ."
3. Thank you for the opportunity to have my analysis considered
in relation to that provided by other students, including my
classmates at Patrick Henry Community College in Martinsville,
Virginia. It was a privilege to receive the opportunity to
bring forth facts and principles which may influence your
decision.
Sincerely,
Name:
___________________________
Student
Patrick Henry Community College
Martinsville, Virginia
Principles of Economics I (Macroeconomics)
BlackBoard email:
___________________

Page
12
page 12 ... the names of two other classmates to whom I gave
my papers for review and whose papers I have reviewed are:
(1) ___________________
(2) ___________________
Provide a half page review of each person's paper.
(Double-space)

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