Current Events


Question Description:

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Current Events 1 answer below » Choose a current event that addresses one of the following economic concepts below(A,B,C,D). Use graphical analysis to analyze the issues presented in the current event : (possible graphs: production function, total and marginal product curves, MC, ATC, AVC, AFC, SRATC and LRATC curves, MR = MC, social cost/benefit marginal social benefit curve on supply and demand curves. a. Positive Externality b. Negative Externality c. Public Good d. Government Intervention Please follow the grading rubric! Document Preview: View complete question » Choose a current event that addresses one of the following economic concepts below(A,B,C,D). Use graphical analysis to analyze the issues presented in the current event : (possible graphs: production function, total and marginal product curves, MC, ATC, AVC, AFC, SRATC and LRATC curves, MR = MC, social cost/benefit marginal social benefit curve on supply and demand curves. a. Positive Externality b. Negative Externality c. Public Good d. Government Intervention Please follow the grading rubric! Document Preview: Current Event
Grading Rubric
Item
Points Possible
Points Earned
Comments
Summary of Article
The introduction and conclusion are strong.
2
Summary of article. At least four supporting details addressing who, what, where, when, why or how of the article information.
5
Identification of economic problem or debate and its relation to material studied this week in class.
4
Inclusion of economic terms in the article summary.
3
Curve or equation included to illustrate the economic issue.
3
Solution & Consequences
Solution proposed by student with supporting rationale.
5
Curve or equation included to illustrate the change that would occur if the student’s solution is implemented.
3
Summary of unintended consequences of implementing the student solution.
5
Use of Sources
Sources are cited in the appropriate APA parenthetical format when quoted or paraphrased.
Plagiarism may result in a score of zero for the assignment.
3
Sources are listed at the end of the summary in the appropriate APA bibliographic format.
3
Grammar, Spelling, Word Choice
Demonstrates knowledge and use of writing mechanics (sentence structure, grammar, punctuation, capitalization, spelling, etc) to enhance readability.
4
Late Penalty if Applicable
Total Points
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Answer

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