The Fiscal Ship- Fiscal Policy Analysis Exercise

Data analysis is an indispensable part of the study of Economics, and plays a significant role in the formulation of economic theory and policy. The Fiscal Ship game is based on simulating Fiscal Policies to set the U.S Budget on a sustainable path. This exercise reinforces concepts taught in the course.

It is imperative that you read the instructions provided to help you successfully play this game. Once you have familiarized yourself with the features of the simulation tool, click on the link for The Fiscal Ship to launch the game. Select New Game. Then, conduct your desired policy simulations.

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Link (website): The Fiscal Ship (Links to an external site.) (Links to an external site.)

Essay Question – 400 points

Answer all of the following questions after you attempt to meet your target goal. If you have the desire and the time, you can play the game more than once in order to meet your target goal.

Specify where in the spectrum of political ideology you would consider yourself to be. 20 points
Centrist, Progressive or Conservative.
State the Governing Goals you chose and provide reasons why you chose those goals. 80 points
Specify which of your policy choices had the largest impact on your fiscal target, and which barely moved the line. 40 points
Were you surprised by the magnitude of any policy choices?
State whether or not the game made you reevaluate your initial governing goals. Explain. 60 points
Propose ways that you think the federal government should set the budget on a sustainable course in the next 25 years. 120 points
Attach a screenshot of your “Plan Details” to your assignment. 80 points

Writing Requirements

Failure to follow the requirements will result in a significant loss in points:

Minimum of 1 full page (excluding screenshot)
Title Page to include the following information:
Paper Title
Author (Student Name)
Instructor (Dr. Edward G. Creppy)
Date of Submission
Double spaced
Normal margins
Times New Roman font size 12
Use at least 1 scholarly or authoritative source in your essay (scholarly/authoritative means peer reviewed articles, newspapers with editorial oversight, Government Agency publications, etc)
APA format for in-text citations and list of references
Screenshot of your “Plan Details”

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