My Topic is about inflation and deflation the issue What causes inflation? Why is inflation a problem? How does inflation impact the economy? What is the history, evolution and importance of inflation and unemployment? Inflation happens in an economy when there is a rise of level of goods and services, due to an increase in the volume of money in an economy over a period. It is also referred to as an (erosion) in the value of an economy’s currency. When inflation is high, it affects the entire economy. Consumers are not able to afford the goods and services because of the high prices. Additionally, when the price level of goods and services increase, the value of currency reduces. cause employment rates do impact inflationary rates during times of change and in times specifically when unemployment rates rise it is necessary specifically during these times to inform the public through clear policy and expectations as to what is expected thereby cushioning the shock of the impacts of unemployment on inflation rates. sources: Oner, Ceyda, and CEYDA ONER is a deputy division chief in the IMF’s Finance Department. “F&D Article.” Inflation: Prices on the Rise, https://www.imf.org/external/pubs/ft/fandd/basics/30-inflation.htm. Bryan, Michael. “The Great Inflation.” Federal Reserve History, https://www.federalreservehistory.org/essays/great-inflation. additional instructor note; We’ve spent the last three weeks talking about and practicing body paragraphs for Essay 2, so now it’s time to turn to how to approach the intro and conclusion. The first thing I would recommend doing is returning to the Week 4 Lesson on Organization. Pretty much everything I said there applies to Essay 2: The funnel is still the most appropriate structure. Your intro should end with your thesis and your thesis should preview the body paragraphs. Your body paragraphs should be organized around a topic sentence that makes an appropriate claim. In the case of Essay 2, a synthetic claim. The conclusion should mirror the intro in reminding the reader of your argument and then broadening out to discuss what makes the argument (about agreement/disagreement) significant. For Essay 2, the basic template for a thesis is going to look like this: The articles agree about X, but they disagree about Y. A few things about this template: “X” and “Y” don’t have to be a single thing. It can be something like “The articles agree about the scope of the problem and its causes, but disagree about who is to blame and how to fix it.” This is a place to calibrate specificity. The template isn’t that specific because it doesn’t map out every possible agreement/disagreement between the articles. That’s okay – you want to use the thesis as a place to give your reader a sense of the agreement/disagreement and then save the more specific material for your topic sentences (which should be specific, like “Smith and Jones agree about the scope of the problem”). Still previews and gives an order to your paper. This sample thesis would suggest to your reader that you’re going to discuss the agreement(s) first, and then the disagreement(s), and in the order they’re listed. If you’d rather talk about disagreements first, you can do that too – just switch the order of your thesis. Now that we have a sample thesis, we can work backwards to what your reader needs to know to make sense of the thesis. In this case, “the articles” doesn’t make a whole lot of sense unless you’ve introduced the articles. So, like with Essay 1, your intro should have a brief sentence or two that introduces each article (author(s) and title) plus a short summary. So that you’re not opening abruptly on an article summary, it’s a good idea to have a sentence or two that introduces the topic of your sources – perhaps a quote or statistic from one of them that highlights something important for your reader. For the conclusion, you want to start with a restatement of your thesis, and then a discussion of what makes your argument significant. There are lots of things that could make your synthesis significant (and that will depend on what you find!) but generally speaking a successful transition out of a paper like this is to suggest what research might need to be done in the future to address the agreement(s)/disagreement(s) you’ve highlighted in the rest of the paper.
