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12 Times New Roman. Turabian citation. Double Spaced. There are no required sources to be used and there is no maximum or minimum sources to be used. My Professor is a free market economist and a Christian.
Here are the topics we covered and books we were assigned:
– Basic Economics; Sowell, Thomas.
– Towards a Free Society; Wolfram, Gary.
– The Law; Frederic Bastiat Available free from FEE.org.
– Economics in One Lesson; Hazlitt, Henry. Available free from FEE.org.
– Money, Greed, and God: Jay Richards
– Intro to Econ, Key Concepts, Economic Thinking
– Prices, Costs, Supply and Demand
– Marginal Benefit and Cost
– Property, Exchange, Profits
– Labor, and Wages
– Monopoly, Government and Business, Specialization
– Political Economic Philosophy, Socialism, Role of Government
– Public Goods, Taxes
– Public Choice
– Keynesian Theory, Post Keynes
– Money, Inflation
– GDP, Trade
– Trade Barriers
– Trade Balance, Christianity and Economics
Here are the Instructions:
Applied Economics Paper Guidelines
Length: 5-8 pages.
The maximum limit of eight pages means just that, a maximum limit. Eight pages should give you enough space to show me that you can manipulate several of the economic ideas from class. Extenuating circumstances may obtain you permission to exceed 8 pages, but talk to me first.
Five pages is the shortest I recommend that your paper be, but if you feel you have a good product in fewer pages, do not pad it to five. I will not be subtracting points for short papers, but make sure you cover enough ground in a thorough fashion.
In a Nutshell:
Pick an everyday topic and shed some light on / analyze it using economic methods and principles. Padding will not score you points. I’m looking for clear writing that convinces me you know how to apply several economic topics from class.
Your topic:
You can pick virtually any topic and analyze it from an economic perspective, but I would recommend that you choose a real-life situation of some sort. Feel free to develop and choose your own topic, but you will probably want to run it by me first. The chosen topic should be one that allows you to apply several principles or economic tools you have learned about in class. Writing about an issue that has been well-discussed by easily-accessible economic/policy writers will make it more difficult to earn an exceptional score.
Grading:
Your paper will be graded primarily on economic tools/principles utilized and economic execution, though topic selection and writing quality does play into the grading process.
Execution is the most important of these and includes not only your writing but also (primarily) the correct usage of economic tools and whether you missed (or didn’t apply) one or more necessary economic concepts that should have been used given your topic. I will not expect you to include anything that hasn’t either been discussed in class or included in the reading. The paper should be written in such a way as to cause me to believe, to convince me, that you have a workable understanding of the material that we have covered in class and in the readings. You are not restricted to using only those economic concepts covered in class, but you should be sure to use outside ideas accurately. Such a strategy could work out very well for you, but is also somewhat risky (feel free to talk to me).
The topic itself is only considered for your grade if you pick an extremely limited and narrow (shallow) topic or application of a topic, in which case the top end of your grade may be limited. Talk to me with specific topic ideas if you are concerned about this.
Finally:
Remember that this is not a research paper. Of course I want you to cite your sources, but don’t worry about building (or padding) a bibliography.
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