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Week 2: Marginal Analysis – Project Paper 1
Course Project – Part 1
This course contains two project assignments–Project Part 1 in Week 2, and Project Part 2 in Week 5. Because of this, you will need to spend additional time and effort in Week 2 and Week 5.
Overview
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Exercise 1
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Exercises 2 and 3
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Specifications
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Grading Rubric
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Plagiarism
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Wikipedia
Project Part 1 (PP1)
Project Part 1 (PP1) consists of performing application-oriented exercises wherein the specific economic principles learned in this course are put to practical use. You must translate your ideas into economic analysis using the specific economic theory and economic terms contained in the TCOs covered in the course and demonstrate that you are understanding and utilizing material from text chapters covered up to this point in the course to receive full credit on the assignment.
You are being asked to submit a report containing responses to three exercises. Exercise 1 entails a choice of one topical microeconomic issue out of two possible alternatives. Exercises 2 and 3 entail a choice of two textbook questions out of a list of possible alternatives.
Choose one of the following two microeconomic issues:
1.
Everyone’s Gasoline Problem. We are all familiar with fluctuating prices of gasoline at the pump. Why does this happen? Research the recent history of gasoline pricing in your area, and attempt to relate any fluctuations you observe to documented supply and demand factors outlined in our book. Be sure to cite any references used.
2.
Ethical Issues in Business. It seems that every day lately we are confronted with another company that has acted at least unethically and possibly illegally in the operation and financial reporting of their company’s business dealings. Briefly discuss one of these issues and then see if you can relate the issue to ANY of our TCOs. That is, are there any effects on demand or on supply related to this topic? How would you expect this to affect the equilibrium price and equilibrium quantity for this company’s products and services? Is the elasticity of demand or supply affected? What about the effect on production levels and costs? Are ethical issues more likely to occur in one market type rather than another market type? You don’t have to cover all of these topics; I’ve just suggested some possible connections to our TCOs. Any connection to our TCOs is fine here.
Select any two of the following questions from the text:
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Chapter 3, Question 14
· Chapter 3, Question 15
· Chapter 5, Question 17
· Chapter 5, Question 18
· Chapter 7, Question 15
· Chapter 8, Question 11
· Chapter 8, Question 14
Discussion
Any questions, comments, or discussion about PP1 should take place in our Q & A forum area of the weekly Discussion area of the course.
Reporting
All project submissions should be prepared as Word documents suitable for electronic transmission. Your PP1 report should consist of precisely five numbered pages. The first page is a cover sheet having on it only your name, course name, and number (Business Economics GM545), the academic term, and your e-mail address. After that, the response to each of the three reported exercises should be on a separate page. On each page, state the chapter and question number before answering it. Do not print the full question, as that would take up valuable space. Just list the chapter and question number.
Page 5 is your References or Works Cited Page. This does not replace in-text citations (with quotation marks or paraphrasing) or footnotes.
Use double spacing for your response; your overall responses to any exercise should not exceed one page in length (including the problem statement). Font size is also optional, as long as it is reasonable; 10 pt. fonts and 1/2 inch margins should be the minimum used.
Do not include a table of contents in your report. In all cases, full marks can be earned only by providing appropriate rationales and support for your answers. If calculations are involved in drawing conclusions, they must be shown.
Submission
All project submissions should be prepared as Word documents and posted to the Dropbox for the Week 2: Project Paper 1 assignment.
Submit your Case to the Week 2 Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read these
Step-by-Step Instructions
or watch this
Dropbox Tutorial.
Due Date
Project Part 1 (PP1) is due in Week 2. See “Due Dates for Assignments & Exams” in the Syllabus for due date information.
A firm penalty of 5% per day will be imposed for reports submitted beyond the due date and there are no exceptions. No assignment will be accepted more than 7 days late unless approval is arranged with the course instructor.
Final Notes: Be sure to follow instructions! Use in-text citations or footnotes. Provide economic analysis using the concepts from the chapter that the question came from.
Project Part 1 is graded as follows:
CategoryPoints%DescriptionDocumentation & Formatting1820%A quality paper will include a title page, proper citations, and no more than a one-page response to each assigned exercise.Organization & Cohesiveness2730%In a quality paper, the conclusions reached in each assigned exercise will summarize the reasoning you employed in your analysis, use economic terms and concepts studied in the course, and do so in a concise manner.Editing1820%A quality paper will be free of any spelling, punctuation, or grammatical errors. Sentences and paragraphs will be clear, concise, and factually correct.Content2730%A quality paper will have research (our text is included here) to support any statements. Relevant illustration or examples are encouraged. A quality paper will employ sound use of reasoning and logic to reinforce conclusions.Total90100%A quality paper will meet or exceed all of the above requirements.
Important: Please read!
Be sure to post the full URL and the date accessed if the source is the Web for anything you extract from a website for this course, (i.e. papers, discussions, quizzes, etc). Remember that to copy text from a website and not cite the quotation is considered plagiarism and is a very serious matter.
Remember that any time you use exact data, figures, or words from a source, you must provide an in-text citation or footnote superscript from your source. Putting the url at the top or bottom is insufficient.
Plagiarism is a violation of the Academic Integrity Code of this institution and will not be tolerated. The plagiarism policy applies to every aspect of DVU course work including discussions, exams, quizzes, essays, assignments, and so forth. It is important that students fully cite any text that they apply to their work.
If you copy from, rely on, or paraphrase from your text or from any other source, you must include in-text citations. For any source other than your text, you must also include the proper reference material including the full URL and date accessed if the source is the Web. Failure to do so is a violation of DeVry Academic Standards and will mean a zero for your assignment and an investigation of plagiarism by the academic integrity committee.
To learn more about avoiding plagiarism in your work, see the “How to Avoid Plagiarism” tutorial in the Syllabus.
To support DeVry Online’s commitment to academic integrity, your instructor now has the ability to check for plagiarism in student assignments and discussion posts through the use of turnitin.com, a nationally known plagiarism prevention system. Through Turnitin, assignments and discussion posts submitted to Turnitin by your instructor will be compared against material in three primary databases:
1. Both a current and extensively archived copy of the publicly accessible Internet
2. Millions of commercial pages from books, newspapers, and journals
3. Tens of millions of student papers already submitted to Turnitin
More information on Turnitin can be found at
www.turnitin.com
.
For a complete explanation of DeVry University Online’s Academic Integrity Policy, please see the Policies item under the Course Home tab. For additional information, see your student handbook (available in the student services website).
