BEA111: Principles of Economics 代写

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  • BEA111: Principles of Economics 代写

    BEA111: Principles of Economics 1
    Essay Instructions
    Purpose:
    Much of what we study in this unit drives everyday economic behaviour. The concepts and
    theories we study go a long way in explaining complex, real-world events. These two
    writing assignments are designed to get you to apply the economics you learn in this unit.
    The first essay requires you to use economics to explain and analyse an event reported in a
    newspaper or magazine. Reading the popular press (magazines and newspaper etc.) like an
    economist will help illustrate the scope of economic reasoning. The second essay requires
    you to use economics to analyse market failures and evaluate proposed solutions. The
    essays are also intended to introduce you to writing in economics.
    Assignments:
    Essay #1: The first essay is structured around supply and demand analysis.  Find a recent
    article in a newspaper, magazine, or online news site that discusses an event that can be
    explained with demand and supply analysis. The article should be no older than six months.
    The essay should be around 500 words.
    1. Very briefly summarize the article – attach the article to your essay.
    2. Carefully draw a supply and demand model. Carefully label all parts of the diagram.
    3. Define the market that the supply and demand model represents. This includes
    precisely defining the good or service and the structure of the market. Be precise!
    4. Using a supply and demand diagram, provide an explanation of the event described
    in the article. Illustrate all changes to supply and/or demand in your diagram.
    Importantly, you must provide economic arguments for the changes illustrated in
    the diagram. For example, if the demand or supply curve shifts you must carefully
    explain the cause of the shifts using economic arguments.
    5. Explain the new equilibrium.
    Essay #2 : The images below illustrate two important real world problems. Choose (1) one
    of the two images. For the image you choose write a brief essay which addresses each of
    the following:
    1. Identify the real world problem depicted in the image and provide a brief overview
    of its importance
    2. Identify and carefully outline the economic explanation for why the real world
    problem occurs
    3. Identify (2) two policies that the government can use to address the economic
    problem that you have identified and explain how they would each work. Use
    appropriate diagrams to support your economic arguments.
    Your answer should be in the form of a short essay, using the three tasks above as
    subheadings. Write your essay as an applied economist, not as a journalist or advocate.
    Your essay should be based on sound economic thinking and supported by analysis. Avoid
    using emotive or judgmental language. Your essay should provide clear and concise
    coverage of the policy related issue. It should be written using clear and economical
    language, have a logical structure and engage the reader. Check your essay carefully for
    spelling and grammatical errors.
    Image #1
    Image #2
    Lectures and Tutorials:
    We will carefully work through examples illustrating how to write the essays. There will be
    plenty of opportunities for students to seek advice in the lectures and tutorials.
    Dates:
    First Essay is due Friday, April 8 before 4:00pm.
    Second Essay is due Friday, May 6 before 4:00pm.
    The essays will be submitted via Dropbox. Details will be provided prior to the submission
    deadline. Please note that all essays will be analysed for plagiarism using detection
    software. Please read the unit outline concerning plagiarism.
    Grading:
    Each essay is worth 10 percent of you final mark. A precise assessment rubric for each essay
    can be found on MyLo.
    BEA111 Principles of Economics 1 - Assessment Rubric for Short Essay#1
    10–8 (High Distinction)  7 (Distinction)  6 (Credit)  5 (Pass)  0-4 (Fail)  Weight
    Summarize the article
    Real world event correctly
    and clearly identified.
    Real world event correctly
    identified.
    Real world event correctly
    identified with some
    omissions.
    Real world event correctly
    identified with major
    omissions.
    Real world event incorrectly
    identified.
    10 percent
    Identify and explain the
    economics of the event
    Economics of the event are
    correctly and clearly
    identified.
    Correct and comprehensive
    application of economics to
    explain real world problem.
    Economics terminology
    used correctly throughout.
    Economics of the event are
    correctly and clearly
    identified.
    Correct application of
    economics to explain real
    world problem.
    A minor error in economics
    terminology present.
    Economics of the event are
    correctly identified.
    Largely correct application
    of economics to explain real
    world problem.
    Several minor errors in
    economics terminology
    present.
    Economics of the event are
    correctly identified.
    Limited or confused
    application of economics to
    explain real world problem.
    Many errors in economics
    terminology present.
    Economics of the event are
    incorrectly identified.
    Incorrect application of
    economics to explain real
    world problem.
    Significant errors
    demonstrating no
    understanding or no attempt
    to use economics
    terminology.
    40 percent
    Correct supply and
    demand diagram
    Diagram provided and
    changes illustrated with no
    errors logic.
    Changes were effectively
    supported in the essay.
    Diagram provided and
    changes illustrated with no
    errors in logic.
    Changes were supported in
    the essay.
    Diagram provided, but
    changes illustrated with
    minor errors in logic.
    Changes were supported in
    the essay
    Diagram provided, but
    changes illustrated with
    major errors in logic.
    Changes were supported in
    the essay
    No diagram provided or not
    discussed in the essay.
    30 percent
    Communicate economic
    thinking clearly in a
    written report
    Paper logically organised
    and written in a style that
    engages reader.
    Free of grammatical,
    spelling and punctuation
    errors.
    Paper logically organised.
    Essentially free of
    grammatical, spelling or
    punctuation errors.
    Paper does not always flow
    in a logical manner,
    however an attempt at a
    logical argument is
    demonstrated.
    Grammar, spelling and
    punctuation generally
    accurate.
    Paper shows some attempt
    to organise in a logical
    manner, but often
    disorganised.
    Grammatical, spelling and
    punctuation errors are
    present.
    Paper is disorganised and/or
    incoherent.
    Many grammatical, spelling
    and punctuation errors.
    20 percent
    BEA111 Principles of Economics 1 - Assessment Rubric for Short Essay#2
    10–8 (High Distinction)  7 (Distinction)  6 (Credit)  5 (Pass)  0-4 (Fail)  Weight
    Describe the real world
    problem depicted in the
    image
    Real world problem
    correctly and clearly
    identified.
    Extent/importance of
    problem effectively
    supported with evidence.
    Real world problem
    correctly identified.
    Extent/importance of
    problem supported with
    evidence.
    Real world problem
    correctly identified.
    Extent/importance of
    problem not supported with
    evidence.
    Real world problem
    correctly identified.
    Extent/importance of
    problem not addressed.
    Real world problem
    incorrectly identified.
    Extent/importance of
    problem not established.
    10 percent
    Identify and explain
    economics behind real
    world problem
    Economic issue correctly
    and clearly identified.
    Correct and comprehensive
    application of economics to
    explain real world problem.
    Economics terminology
    used correctly throughout.
    Economic issue correctly
    and clearly identified.
    Correct application of
    economics to explain real
    world problem.
    A minor error in economics
    terminology present.
    Economic issue correctly
    identified.
    Largely correct application
    of economics to explain real
    world problem.
    Several minor errors in
    economics terminology
    present.
    Economic issue correctly
    identified.
    Limited or confused
    application of economics to
    explain real world problem.
    Many errors in economics
    terminology present.
    Economic issue incorrectly
    identified.
    Incorrect application of
    economics to explain real
    world problem.
    Significant errors
    demonstrating no
    understanding or no attempt
    to use economics
    terminology.
    30 percent
    Identify and explain first
    policy to address economic
    issue
    Policy clearly and concisely
    explained, and its
    application to the issue
    discussed correctly.
    Policy introduced, and
    connections between the
    policy and the issue have
    been identified.
    Policy introduced, and a
    limited description of the
    policy’s relevance to the
    situation is provided
    Policy provided, but no
    explanation of the policy’s
    relevance to situation is
    provided.
    No relevant policy provided.  20 percent
    Identify and explain
    second policy to address
    economic issue
    Policy clearly and concisely
    explained, and its
    application to the issue
    discussed correctly.
    Policy introduced, and
    connections between the
    policy and the situation have
    been identified.
    Policy introduced, and a
    limited description of the
    policy’s relevance to the
    situation is provided
    Policy provided, but no
    explanation of the policy’s
    relevance to situation is
    provided.
    No relevant policy provided.  20 percent
    Communicate economic
    thinking clearly in a
    written report
    Paper logically organised
    and written in a style that
    engages reader.
    Free of grammatical,
    spelling and punctuation
    errors.
    Paper logically organised.
    Essentially free of
    grammatical, spelling or
    punctuation errors.
    Paper does not always flow
    in a logical manner,
    however an attempt at a
    logical argument is
    demonstrated.
    Grammar, spelling and

    BEA111: Principles of Economics 代写
    punctuation generally
    accurate.
    Paper shows some attempt
    to organise in a logical
    manner, but often
    disorganised.
    Grammatical, spelling and
    punctuation errors are
    present.
    Paper is disorganised and/or
    incoherent.
    Many grammatical, spelling
    and punctuation errors.
    20 percent
    BEA111: Principles of Economics 代写