define and explain fiscal policy

Discussion Questions

Question 1 (200 words minimum)

Part 1

In your own words define and explain fiscal policy. List the pros and cons for the fiscal policy you selected. Include supply-side economics in your explanation. As you think through your answer, remember the government may exercise expansionary or restrictive fiscal policy.

Part 2

Research one specific real-life example of a fiscal policy and explain its overall impact on the economy. In your example, discuss any political influences.

Note: when possible, select a different example than those already posted by a fellow classmate.

Your initial response should be a minimum of 200 words. Graduate school students learn to assess the perspectives of several scholars. Support your response with at least two scholarly and/or credible resources in addition to the text.

Question 2 (200 words minimum)

Let’s cordially debate a controversial and often misunderstood macroeconomic topic. Our huge U.S. government debt (see the latest debt being counted at U.S. Debt Clock (Links to an external site.) ) continues to grow and is constantly in the news.

For your initial post address the following:

· Is the large and increasing national debt an issue we should be concerned about?

· How does John Tamny view the national debt? What is your conclusion? Is this a problem, why or why not? Be sure to support your conclusion with facts.

Your initial response should be a minimum of 200 words. Graduate school students learn to assess the perspectives of several scholars. Support your response with at least one scholarly and/or credible resource in addition to the course text books.

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