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Econ 362, Hanes
Instructions for final paper, Fall 2020
The paper is due on Friday, December 4 at 6:00 pm.
Topic: what macroeconomic policy advice would you offer to incoming president Joe Biden, assuming the
Democrats win the Senate so that they have control of fiscal policy?
Turn the paper in through MyCourses as a pdf file. I will not accept anything but a pdf file.
You may want to use graphs in your paper. The graphs can be hand-drawn. If you have a way to attach the
graphs to the text of your paper and turn in everything together as one pdf, do that. Place all the graphs together
at the end of the paper. If you can’t attach the graphs to the paper, you can turn them in as a separate pdf. I will
not accept a jpeg (or other type of photo file). Whether you attach the graphs to the paper or turn them in as a
separate pdf, number the graphs and refer to a graph by number in the text of the paper. e.g. “Figure 6 illustrates
the effect of an increase in government purchases on GDP.”
The paper should be about four pages long, double-spaced, not including graphs. If your paper is shorter than
that, it probably does not have everything I want. Five pages in OK but not better than four pages.
Do not copy material from another student’s paper. That is plagiarism.
Number the pages (at top or bottom of page, I don’t care which).
You don’t need a title page. At the top of the first page, put your name.
The material you should use to write the paper is the class notes, anything I said in class, and the textbook.
I do not intend for you to use any other sources. I do not forbid it, but it won’t help you and if you bring up
irrelevant material it will hurt you. If you do use another source you must give a full reference in the ordinary
way. That is, you must give the citation or citations in a list of references at the end of the paper with the name
of the author, the title of the work, the name and publication date of a periodical or the year and city of
publication for a book, etc. Within the text, you give a reference with the author’s name, publication year, and
page number. Like:
The theory behind GDP statistics was developed on the 1920s (Rockoff, 2019).
If you include sentences from a source without quotation marks and citing, that is plagiarism.
The paper should be structured like a short high-school paper. It must have an introductory paragraph that
introduces the topic and previews what you are going to say about it. Each paragraph should start with a topic
sentence that tells the reader what that paragraph is about. In the introductory paragraph, avoid blathery
circling-in on the topic (e.g. “The American economy is important”). Get right to the point.
Warnings about grammar etc.
You may refer to the Federal Reserve system or the FOMC as the “Fed.” You may not
refer to it as the “FED” (all caps).
Be careful with semicolons. Do not use semicolons at all unless you are sure you know how to use them.
Know and respect the difference between “its” and “it’s,” between “who’s” and “whose,” between “effect” and
Look up the difference between “compare with” and “compare to.” Usually, what you want to use is “compare
with” NOT “compare to.”
“Relate to,” “correlate with.” NOT “relate with,” “correlate to.”
“Reason for” NOT “reason of.”
“Research on” or “research about.” NOT “research of.”
There is no such word as “researches.”
Avoid the passive voice.
NO I was bitten by the dog.
YES The dog bit me.
NO Models have been designed
YES Economists have designed models
Avoid unnecessary adjectives and adverbs.
NO little universal consensus has been achieved
YES little consensus has been achieved
oh, wait…that’s passive. Better:
economists have not come to a consensus
NO it is very likely
YES it is likely
NO of utmost interest
YES of interest
oh, wait…even better:
Avoid fancy, big, odd words
Always ask: is there a shorter word that means the same thing? As much as possible, avoid using words you
don’t use in ordinary conversation. If you use a word you don’t use in ordinary conversation, you are likely to
use it awkwardly or flat-out incorrectly.
Write in simple sentences
Unless you know what you are doing, do not try to construct complicated sentences. Stick to short subject-verbobject sentences when you can. It is usually a bad idea to start a sentence with a subordinate clause.
Make sure that the nouns, pronouns and verbs within a sentence all match in
If the noun is singular, the corresponding pronouns and verbs must be singular. Thus, if the noun is singular the
pronoun can be “he or she” or “she or he.” If you do not want to use “she or he” or “he or she,” restructure the
sentence so that the pronoun can be plural or simply do not use a pronoun (that is, repeat the noun as needed).

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