ECO201 Unit 5 Assignment – Are Banks Special

Subject: Economics / General Economics
ECO201 – Macroeconomics Unit 5 Assignment: Are Banks Special?
Unit 5.
Are banks special?
Most US banks are privately owned, profit-making organizations. Although they provide a
service just as many other businesses, banks differ because of their importance in the macro
economy. Policymakers have debated whether banks should be permitted to only do “banking
business”, or whether banks should be permitted to engage in other lines of business such as
selling insurance or buying and selling stocks and bonds. In this week’s assignment you will
address that premise through the following questions;
1. Provide a brief (one paragraph) overview of this week’s material.
2. What are the risks for the macro economy if a bank fails, that do not exist for other
3. If banks could participate in other lines of business, what benefits would there be for
3. Overall, discuss whether or not banks should be allowed to enter other lines of business.
Provide support for position from course and/or outside materials. Your final product will be a paper that: Addresses each of the topic/questions above in total. Is APA fortatted. The body is to be 2 pages minimum.
The requirements for your assignment are:
1. Answer each question fully
2. Define the overall subject of each question.
3. Cite at least three (3) resources from this week’s materials. Students: Be sure to read the criteria and review the grading rubric on the next page, by
which your paper/project will be evaluated, before you write, and again after you write. Evaluation Rubric for Unit 5 Assignment
CRITERIA Deficient Proficient Exemplary Overview of the
Topic 0-13 Points
Does not provide an
adequate overview
or is missing. Complete
Answers 0-11 Points
unanswered and/or
poorly answered.
0-5 Points
Less than 3
references, no
assimilation to the
0-1 Point
Format has errors
that impede
presentation; and/or
APA not followed,
reference page
0-1 Point
More than 7 writing
errors, to include
spelling and
punctuation. 14-22 Points
Overview is
presented, though
may not be clear or
12-23 Points
All questions
answered with 1-2
sentence inputs.
6-10 Points
3 references,
assimilation to the
2-3 Points
APA format and
reference page has
few errors that do
not impede
presentation. 23-30 Points
Overview is clearly
presented including
all criteria outlined
24-45 Points
All questions
answered with depth
and clarity.
11-15 Points
4 or more references
and assimilations
show depth and
4-5 Points
APA format and
reference page is
clear, professional,
and error free. 2-3 Points
More than 4 writing
errors, to include
spelling and
punctuation. 4-5 Points
No writing errors. References to
Course Materials APA Format Writing Quality Total Points
Earned 100

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