During the course, the student is required to complete a formal written assignment highlighting published current economic events or issues and explain how they relate to theories learned in this course. The student should realize, reflect and explain the economics that exist all around us.
*****The paper must include a graph used as an explanatory tool of the economic principle presented by the student.
Instructions for preparing this assignment are as follows:
1. Each paper is to be an analysis on the recent economic events or economic reports from the supplemental resources or references. The focus of this assignment is to relate and analyze current events to basic principles of microeconomics covered in this course (This course offers an introduction to the economic principles of free enterprise supply and demand, private and social implications of profit maximization, market structure, and resource markets.)
It is not acceptable to just regurgitate statistics. The student’s paper should indicate that he/she has a clear understanding of theory learned in class and its application/operation in the “outside world”
2. Option – In an event the student comes upon an interesting subject content relating to that student’s work or any other non-economic publication that can be explained in light of the theories learned in this class, the student may be able to substitute this as the basis article.
The student may want to discuss this article and ideas with the instructor prior to embarking on this option.
3. Papers should be submitted in .doc format. Standard margins apply. Papers should contain proper documentation of the article(s) or other references used. If direct quotes are used (not contained in the article), appropriate footnotes, endnotes, or parenthetical citations must accompany the quotes. Since a part of your paper will come from published sources, Internet references, etc., there should be sufficient evidence of where the information for your paper originated. Paper length should be a few pages – short enough to qualify as a commentary but long enough to adequately address the subject.
4. Paper grade will be broken down by the following standards:
Content 50%: reflection, explanation, implications of economic theory in practice,
Organization 20%: References, Bibliography, Works Cited, etc,
Grammar and Spelling 10%: If you use Microsoft Word which has a spelling and grammar tool, it should be difficult to misspell a word, use the incorrect word, or incorrectly use the written English language. (This is even rarer if you reread your assignment before submitting.),
Readability 10%: ease and flow of ideas of your presentation, and Format 10%: APA format applies. The paper should be properly set up with Title page, Thesis (or hypothesis), body (loaded with references) and a
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