the student will examine the evolution of Fiscal Policy in the United States since the Great Depression. This paper will flow like a timeline that identifies major figures, events and policies that shaped the ideological approach to government intervention since the 1930s.

Some pointers that MUST be included (this is not exhaustive)

• The neo-classical self-correction argument
• The Panic of 1873
• The Panic of 1893
• The Panic of 1907
• The Great Depression
• Keynesian Theory
• Sticky Wages
• Sticky Prices
• The Multiplier
• The Aggregate Expenditures Model
• Liquidity Trap
• Paradox of Thrift
• The Great Recession
• Modern Monetary Theory
• The economic and political malaise of the 1970s which led to the rise of Reagan
• The 1980 election and the rise of Reagan