Produce an evidence-based business report (3-5 pages) that makes fiscal and monetary recommendations to combat the hypothetical recession impacting the economy in the provided scenario.
Scenario
You are an economic analyst at a large and influential investment firm. The firm’s opinions influence clients directly but also indirectly influence others within the economy, including legislators, policy makers, and other actors and advocates. Your direct supervisor has requested that you create a business report that makes well-supported fiscal and monetary recommendations to combat a recession impacting the economy. Your report will be distributed to other analysts and consultants within the firm, who will use your recommendations to advise clients.
Your Role
You are an economic analyst at a large and influential investment firm.
Requirements
Address the following in your business report. Where applicable, discuss multiple and even conflicting perspectives as you provide the richest context possible for your colleagues at the investment firm:
Analyze indicators that tend to lead to recession starting points.
Explain how specific fiscal and monetary policy changes can impact a U.S. economy in recession.
Fiscal recommendations include decreasing taxes and increasing government spending.
Monetary recommendations include decreasing interest rates and increasing the money supply through open market operations.
Assess how Keynesian and Austrian macroeconomic approaches would address a recession differently.
Explain the assumptions that inform each school of economic thought.
Deliverable Format
Since you plan to share your report with your immediate supervisor and your colleagues at the investment firm, you want this report to be clear, well-organized, and readable. Your supervisor has requested that your report be 3–5 pages so you have enough space to develop your ideas and provide some scholarly context. Your report is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines (available in the MBA Program Resources), including single-spaced paragraphs.
