economy (ECO/561)

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ECO56120Week20220Assignment20Rubricweek2.doc

ECO/561 Week 2 Assignment Rubric

Individual Assignment: Government Intervention

Purpose of Assignment

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure – the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Students will examine articles from the University library to analyze real-world examples of U.S. government intervention programs and apply current week readings to make intelligent conclusions about the economic policies.

Resources Required

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Grading Guide

Content

Met

Partially Met

Not Met

Comments:

Described the intervention and detailed its history. 12 points

 

Analyzed the arguments for government intervention as opposed to arguments for market-based solutions. 12 points

Examined who may be helped and who may be hurt by the selected government intervention. 10 points

Examined externalities and/or unintended consequences of such intervention. 12 points

Determined the cost trend of the intervention program since its implementation including whether costs increased, decreased, or varied with the state of the economy.

10 points

Evaluated the success or failure of the intervention in achieving its objectives and developed conclusions. 12 points

Recommended whether the program should be continued as is, discontinued, or modified and defended your recommendation.

12 points

The analysis is a minimum of 1,050 words in length. 5 points

Total Available

Total Earned

85

#/85

Writing Guidelines

Met

Partially Met

Not Met

Comments:

The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. 10 points

Intellectual property is recognized with in-text citations and a reference slide. 10 points

Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. 5 points

Sentences are complete, clear, and concise.

5 points

Rules of grammar and usage are followed including spelling and punctuation. 5 points

Total Available

Total Earned

 

35

#/35

Assignment Total

#

120

#/120

Additional comments: