Description of the State of the U.S. Income Inequality

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Term Paper/Research Paper Econ 2302

 

 

Submit to me a brief sketch of your term paper (one page) addressing the two parts of what you are supposed to be presenting in the final paper. In your submission, you should include four academic journal references and how the references are going to be used in the body of your paper. For this exercise, visit the library to be able to get access the academic journal references that you might use for your research paper. Please follow APA formatting for this exercise. I need this turned in by June 21, 2020.

 

Term Paper: This is a research paper and must be treated as such.

Part I: Description of the State of the U.S. Income Inequality

Describe the state of the U.S. Economy Income Inequality for the years between 2015 and 2016 in terms of microeconomic measures discussed in the course. Use census data (for Table 1. Income and Earnings Summary Measures by Selected Characteristics: 2015 and 2016 located at https://census.gov/data/tables/2017/demo/income-poverty/p60-259.html

Part II: Analysis of Economic Policies

  1. In your analysis of the macroeconomic data, you will notice that the U.S. economy passed through a major recession. Based on research, discuss the underlying causes of the income inequality in the US. Identify at least three policies implemented by the government to deal with income inequality in the US.
  2. Evaluate the expected and actual effects of each policy. Your response needs to include the name of the policy, description of the policy, how it has been implemented, and discussion of expected and actual outcomes in terms of the income inequality data given above.
  3. After close observation of the different perspectives discussed in the course, share your position on the effectiveness of the government policies to deal with income inequality in the country.
  1. As part of the economy, each of us is affected by the state of the economy and the actions policy makers take to stabilize or advance it. Conclude by sharing why understanding these actions and outcomes matter to you as an individual who is part of the economic system. How do they affect the society/economy? What could be done differently? Share personal examples and experiences

 

General Guidelines

  • The paper must be 850 – 1000 words long, typewritten, double-spaced, with 1” margins and 12pt. Times New Roman font. The paper must be written in essay format, using standard written English with a clear introduction and conclusion.

 

 

  • You must use at leastfour credible sources (cited from academic journals – please use the library to extensively understand what an article from an academic journal is about) to support your ideas (avoid sites such as Wikipedia, Investopedia, EHow, yahoo answers, etc. You can contact me or a librarian if you are not sure about the credibility a source).

In order to demonstrate your research skills, you must incorporate in text citations using APA formatting for example:

 

 

OR:

 

 

 

 

If you happen to use tables or graphs, this is how you incorporate them in your paper using APA formatting:

 

 

OR:

 

 

You must use APA-formatted in-text citations (It is important that you identify all items directly copied or paraphrased from other sources. Read TCCD’s policy on plagiarism)

You must include an APA-formatted reference page.

This is a research paper:

Limit personal opinions on the issues.

Do not copy and paste basic definitions of concepts and descriptions of theories from the text or other sources; show the applications of these concepts in the real world.

The major portion (at least 80%) of the paper must to be written in your own words.

  • Attach your research paper as an MS-Word file by the due date.