Benefits and Costs of Economic Growth

ECON 103: The Benefits and Costs of Economic Growth

 

Purpose:

Your case study paper is due at the end of Week 7.  The purpose of the assignment is to apply your knowledge of the costs and benefits of economic growth. This assignment is based on Chapter 19 in Meyer’s Everything Economic Book and on supplementary readings.

Description:

During Week 4, we studied concepts related to the sources of economic growth. This growth benefits society by advancing our well-being and improving our standard of living. At the same time growth has some very significant social and environmental costs. The paper assignment for this course asks you to define and explain the sources of economic growth and to develop a proposal for an economic policy that would encourage and promote each source of growth. The assignment also asks that you provide examples of some of the costs of economic growth and polices to help reduce those costs. First, review Chapter 19 and the following file attached to the assignment folder: Cons Econ Growth & Sust Dev_Smry.docx

You may read other articles as well and include them in your bibliography.

Using these resources:

1. Define the sources of economic growth and give an example of each of the sources of growth.

2. Propose one policy for each source of growth that could enhance or strengthen that source.

3. What are some of the downsides of economic growth? Give an example of a policy that would help to reduce the negative impacts of growth.

4. Finally, at the conclusion of your paper please include a brief statement reflecting on what you feel you have learned from the assignment and how that learning may be applied to your life or work going forward.

Project Specifications:

· Must be a total of 800 to 1200 words

· Your case study is due at the end of Week 7

· Include a bibliography with at least two references, presented in APA format

· Check your paper for spelling and grammar prior to submission

· This paper must be written in your own words

 

Econ 103 Case Study Rubric: The Benefits and Costs of Economic Growth
	%	Below Standard	Approaching Standard	At Standard	Exceeds Standard
Accuracy of summary (Question 1: sources of growth and examples)	20%	No explanation provided for question 1.	Partial or cursory explanation provided for question 1 that may contain some errors.	Brief but accurate explanation provided for question 1.	Complete and well-developed explanation provided for question 1.
Critical thinking using economic principles (Questions 2 and 3. Policies and challenges to growth)	40%	No response provided for questions 2 and 3.	Partial or cursory responses provided for questions 2 and 3 or answers contain some errors.	Brief but accurate responses provided for questions 2 and 3.	Complete and well-developed responses provided for questions 2 and 3.
Applications to your life (Question 4)	10%	No responses provided for question 4.	Partial or cursory responses provided for question 4. Responses may contain some errors.	Brief but logical responses provided for question 4.	Complete and well-developed responses provided for question 4.
Effective writing Case study is clearly organized and logically presented. Writing includes proper grammar, spelling and punctuation (including verb agreement and complete sentences).	20%	Arguments presented in case study are poorly organized and difficult to follow. Writing includes numerous errors in grammar and spelling.	Arguments presented in case study are poorly organized and difficult to follow. Writing includes some errors in grammar and spelling.	Arguments presented in case study are well organized but difficult to follow. Writing includes few errors in grammar and spelling	Arguments presented in case study are well organized and easy to follow. Writing includes no errors in grammar or spelling.
Use of APA style in title, reference list and in-text citations Paper includes title page All facts, figures and direct quotes are properly cited using APA format in-text citations. APA format sources are provided for all tables and figures. A reference list using APA format is included with at least two sources.	10%	No title page included No in-text citations are used for facts, figures or direct quotes. No APA format sources are provided for tables and figures. No reference list is included.	Title page included APA format in-text citations are missing for many facts and figures or direct quotes. APA format sources are missing for tables and figures. A reference list using APA format is included with fewer than two sources.	Title page included Some facts and figures and direct quotes are not properly cited using APA format in-text citations. APA format sources are missing for some tables and figures. A reference list using APA format is included with fewer than two sources.	Title page included All facts and figures and direct quotes are properly cited using APA format in-text citations. APA format sources are provided for all tables and figures. A reference list using APA format is included with at least two sources.

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