MAJOR REQUIREMENTS: Hand-drawn models scanned as images and pasted into the word document,
For this writing assignment, you will be given an economic podcast and will be asked to critically evaluate it. You will be graded on the quality and thoroughness of your analysis. Therefore, you will also be graded on the clarity, flow, and overall cohesiveness of the writing in your paper
https://freakonomics.com/podcast/rent-control-rebroadcast/Links to an external site.
Introduction (5 points): The introduction (first paragraph) briefly summarizes what you consider to be the main point(s) of the article. If there are many, focus on the one(s) that you will analyze in the assignment.
Summary (5 points) : A short summary of the podcast should be included. This summary should capture the key points presented in the podcast and any important facts or elements. Do not spend the whole assignment summarizing the entire article. Summaries should be succinct and to the point and be approximately one paragraph.
Analysis (15 points): In your own words, explain the pros and cons to rent control. This is not a summary of the podcast. That was the previous paragraph. Remember, you are looking at this writing assignment through the lens of an economist. You will need to research the effects of rent control, going beyond what has been explained in the podcast. Do not copy and past graphs or charts from outside sources. What I am looking for is for you to demonstrate your economic intuition by explaining what are the good and bad to rent control. Your analysis should use the economic concepts you have learned in class. In other words, the analysis should focus on how topics covered in class are applicable/relevant to the real world. Be sure to demonstrate your analysis using graphs and/or models learned in class. Be careful to address the appropriate audience. Remember; to narrow your focus so that your analysis can be more in-depth. That is much more important than hitting every point made in the article. You are required to do in-depth research into this issue going beyond the podcast and text. Assume your reader has taken this course and only understands microeconomic theories in the context of the theories covered in this class. You are expected to use at least one of the concepts covered in class.
Policy Recommendation (20 points): This is the most important aspect of this assignment.
Students are expected to clearly and in detail provide a policy recommendation. In this section, you need to explain the short-run and long-run effects of your policy recommendation. That is, not only the impacts to rent control but also the impacts on the economy as a whole. Again, I expect you to use multiple models in this section. The analysis portion has the potential to be varied in nature. However, I recommend sticking to my guidelines below:
Provide a summary of your policy recommendation and explain how it works.
Then, critically evaluate your policy recommendation. Essentially you should take apart the various steps in the recommendation and see if they make sense separately and as a whole. Can you use the tools learned in class to think about the policy in another way? Check to see if you are missing anything in your argument or have used some tool or method incorrectly or inappropriately. That is, think on the other side of the aisle and find counter-arguments. Is there evidence that contradicts your policy? If so, how would you address them?
I expect you to use at least 1 economic model we have learned in class. However, using one model does not guarantee full credit. Your models should also be detailed. Make sure you explain what the models mean and clearly demonstrate the economic implications.
All models must be drawn by hand. Any models “grabbed” from the text or internet will not count and will adversely affect your grade. Your hand-drawn models should be scanned and of high quality.
Conclusion (5 points): It is important to have a strong conclusion since this is the last chance you have to make an impression on your reader. The goal of your conclusion isn’t to introduce any new ideas, but to sum up, everything you’ve written. Specifically, your conclusion should accomplish three major goals:
Restate the main idea of your essay, or your thesis statement.
Summarize the main sub-points of your essay.
Leave the reader with an interesting final impression.
Works Cited: Works cited completed using MLA format. Must cite at least 3 sources. Class notes/lectures can account for one source. The textbook can account for one source.
How to format your assignment
Your assignment should be typed, double-spaced, 1-inch margins, and have a font size 12.
Minimum of 3 pages (not including models, works cited page).
Your models must be hand-drawn, scanned as an image, and pasted to your word document.
How to submit your assignment
Your assignment should be submitted through Canvas. Any drafts submitted through email will not be accepted.
You will submit your writing as a word document. Other formats will not be accepted.
The assignment must be in Word. Non-word submissions will receive a zero. I will not accept another format. If you fail to submit your writing assignment in a word document, I will count your submission as a non-submission.
For students who do not have Microsoft word: Google docs (which is available to all students) will easily convert to a Microsoft word document. A quick google search will explain how you can convert your writing assignment to a word document.
Students are required to proofread their assignments prior to submitting them. Students are recommended to utilize the campus-writing center to ensure any grammatical/writing errors are corrected. I generally do not give lower grades for grammatical mistakes. However, if the writing is too incomprehensible/unclear, there will be a reflection in the overall grade.
You are encouraged to take advantage of Glendale
Remember NO PLAGIARISM!!! Your electronic work will be scanned for plagiarism using University software tools. Students must work on their writing assignments individually. Academic dishonesty will not be tolerated. Students who commit any form of academic dishonesty described in the course syllabus and below will receive an “F” for the course and are subject to disciplinary sanctions. Make sure you review the course policy on academic dishonesty.
Academic Dishonesty: Any acts that violate the right of another student with respect to academic work or that involve misrepresentation of a student’s own academic work. Academic dishonesty includes (but is not limited to) cheating on assignments or exams; plagiarizing (misrepresenting as one’s own anything done by another); submitting the same or substantially similar papers for more than one course without the consent of all instructors concerned; depriving another of necessary course materials, or sabotaging another’s work.
Plagiarism: This involves passing off anyone else’s work as your own, and includes copying a whole paper or parts of it and claiming it as your own work. It also includes turning in your own same or essentially similar paper for two or more courses. Glendale Community College has very strict rules concerning plagiarism. If you use any other person’s work, words, or ideas, please cite and acknowledge the sources.
Note that Glendale Community College has purchased a program that allows professors to check if any student paper, essay, or research paper has been copied or paraphrased from the Internet. I will use this program to check for plagiarism.
A score of 10% or more is considered plagiarism and will receive an automatic F and you may be reported to the administration.
please try to have this completed by 10/21/20bci22 by 5 pm at least, thank you.