Describe a real government policy in the context of the macroeconomic principles we learned in class. Spend one or two pages telling
about its history, the economic problem it attempted to tackle and the intended goals. Who were the agents pushing it forward? Who was against it?
What was the incentive framework of the main agents involved before the policy was implemented? And what was the incentive framework implied by the
policy? You must be able to identify groups of people with similar background or interests and compare the economic policy from the viewpoint of
these groups. You are free to choose any government policy that is interesting to you: fiscal policy, monetary policy, or regulatory policy. The
policy you choose does not have to be one from the US.
Then spend last page applying the concepts we learned in class to analyze the intended and unintended actual consequences of the policy. Who were
the winners and losers? Did or will the policy reach its intended goals or will the economy simply adjust with no real changes being made?