Coursework shoud be written between B and A marks on a first year student language, otherwise teacher can recognise that coursework was ordered.Plagiarism is not accepted! The coursework topic :
a) Explain the advantages and disadvantages of fixed exchange rate
b) Using some evidence, explain why the advantages of fixed rates apply particularly to members of the euro area (for (a,b) texboom sources should be sufficient here, second edition N. Gregory Mankiw and Mark P.Taylor, Economics, for (b) some euro area trade data would be useful)
c) Discuss the principl developments in UK macroeconomic policy that were implemented in response to the 2008-09 recession( quality press and journal sources should be consulted)
d) What limits do the euro area on the macroeconomic policies of its memebers?(texbook sources again)
e) In light of your answer to (d), what macroeconomic policy advice might you supply to the Irish or Portuguese goverments? Should they stay in euro area or leave it?
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