Econ Problem & Issues 2-3 Page Paper/ Externalities

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Economic Problems & Issues

Assignment 2: Externalities

Write a two to three (2-3) page paper in which you:

  1. Identify and discuss three (3) externalities, which can either be positive or negative.

  2. Conclude why an externality might exist in the situation that you described, and determine the solutions to mitigate these particular externalities. 

  3. Analyze the different stakeholders (i.e., government, three (3) affected parties) that are involved in the externality, and identify what their roles are with regard to the externality.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Use economic analysis to describe the social costs and benefits of government and public policy choices.

  • Analyze the relationship between economic activity and the resources available in a society.

  • Use technology and information resources to research economic problems and issues.

  • Write clearly and concisely about economic problems and issues using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

Points: 140

Assignment 2: Externalities

Criteria

Unacceptable

(Below 60% F)

Meets Minimum

Expectations

(60-69% D)

Fair

(70-79% C)

Proficient

(80-89% B)

Exemplary

(90-100% A)

1. Identify and discuss three (3) externalities, which can either be positive or negative.
Weight: 20%

Did not submit or incompletely identified and did not submit or incompletely discussed three (3) externalities, which can either be positive or negative.

Insufficiently identified and insufficiently discussed three (3) externalities, which can either be positive or negative.

Partially identified and partially discussed three (3) externalities, which can either be positive or negative.

Satisfactorily identified and satisfactorily discussed three (3) externalities, which can either be positive or negative.

Thoroughly identified and thoroughly discussed three (3) externalities, which can either be positive or negative.

2. Conclude why an externality might exist in the situation that you described and determine the solutions to mitigate these particular externalities.
Weight: 35%

Did not submit or incompletely concluded why an externality might exist in the situation that you described and did not submit or incompletely determined the solutions to mitigate these particular externalities.

Insufficiently concluded why an externality might exist in the situation that you described and insufficiently determined the solutions to mitigate these particular externalities.

Partially concluded why an externality might exist in the situation that you described and partially determined the solutions to mitigate these particular externalities.

Satisfactorily concluded why an externality might exist in the situation that you described and satisfactorily determined the solutions to mitigate these particular externalities.

Thoroughly concluded why an externality might exist in the situation that you described and thoroughly determined the solutions to mitigate these particular externalities.

3. Analyze the different stakeholders (i.e., government, three [3] affected parties) that are involved in the externality and identify what their role is with regard to the externality.
Weight: 35%

Did not submit or incompletely analyzed the different stakeholders (i.e., government, three [3] affected parties) that are involved in the externality and did not or incompletely identified what their role is with regard to the externality.

Insufficiently analyzed the different stakeholders (i.e., government, three [3] affected parties) that are involved in the externality and insufficiently identified what their role is with regard to the externality.

Partially analyzed the different stakeholders (i.e., government, three [3] affected parties) that are involved in the externality and partially identified what their role is with regard to the externality.

Satisfactorily analyzed the different stakeholders (i.e., government, three [3] affected parties) that are involved in the externality and satisfactorily identified what their role is with regard to the externality.

Thoroughly analyzed the different stakeholders (i.e., government, three [3] affected parties) that are involved in the externality and thoroughly identified what their role is with regard to the externality.

4. Clarity, writing mechanics, and formatting requirements

Weight: 10%

More than 8 errors present

7-8 errors present

5-6 errors present

3-4 errors present

0-2 errors present

 
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