Prior to beginning work on this assignment,

• Review Chapters 5 and 6 of Macroeconomics: Private and Public Choice.
• Review Chapter 4 of Inflation: What It Is, Why It’s Bad, and How to Fix it.
• Review Monetary Policy: How Central Banks Regulate the EconomyLinks to an external site..
• Research and review credible sources to learn about the pros and cons of government intervention.

The role of government in the economy is often debated by economists and businesspeople. The debate ranges from having little to no government intervention to having a strong government presence in both business and social settings.

Research and identify two government agencies, departments, or regulations where the government is heavily involved in the economy that you agree are helpful and necessary. Then, research and identify two government agencies, departments, or regulations where the government is involved in the economy, and you disagree that involvement is necessary. Rather, in these cases, you believe the free market would be better. Be specific in your selected government agencies, departments, or regulations. It may be possible to use the same government agency, department, or regulation for both sides. For example, the Environmental Protection Agency (EPA) may have regulations or interventions that you both agree and disagree with. Since EPA is used here as an example, do not use it in your assignment.

For each selected example (four total),

• Assess the government intervention, providing the pros and cons.
• Discuss whether you agree with the government intervention and provide facts to support your opinion.
• Explain thoroughly and support your rationale.
• Critique the influence of the political process (for example, lobbying) for each of your examples.

The Role of Government and the Impact of Politics assignment 

• must be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA StyleLinks to an external site. as outlined in the Writing Center’s APA Formatting for Microsoft WordLinks to an external site. resource.
• must include a separate title page with the following:
  • title of paper in bold font
    • Space should appear between the title and the rest of the information on the title page.
  • student’s name
  • name of institution 
  • course name and number
  • instructor’s name
  • due date
• must utilize academic voice. Review the Academic VoiceLinks to an external site. resource for additional guidance.
• must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your assignment.