Public finance written assignment

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Econ4310WrittenAssignment1Sp18.docx

Economics 4310

State and Local Public Finance

Written Assignment #1

Due: March 9, 2018

This written assignment has two parts. Treat them as separate, but equal. Label each part. Start Part 2 on a new page. On the first page of your assignment, put your name and the first three lines in the heading above. Use a 12 point font size and standard margins for the paper. Indent the first word of every paragraph. You may use either single- or double-spacing. There is no word or page limit, but conciseness is highly valued.

Part 1:

1. Read “A Pure Theory of Local Expenditures,” by Charles Tiebout. https://www.unc.edu/~fbaum/teaching/PLSC541_Fall08/tiebout_1956.pdf ( article link)

2. Prepare a detailed outline of the article. (A link to an example of a detailed outline can be found on Carmen.)

3. Write in your own words a brief one paragraph summary of the paper.

Part 2:

4. Research and consider the problem of the proposal to relocate the Columbus Crew to Austin, Texas.

a. Provide a detailed background on the Columbus Crew and their proposed relocation.

b. Discuss the pros and cons of the move from the perspective of the Columbus Crew.

c. Discuss the pros and cons of the move from the perspective of the city of Columbus, Franklin County, and the state of Ohio. (You do not have to address each separately.)

d. Can we use the Tiebout model to frame the discussion of this problem? If no, why not? If yes, why? Provide examples to support your argument.

5. You should provide a works cited list and citations for any information that you use in your discussion. Use the MLA format for your citations. (A link for the MLA format can be found on Carmen.)

This assignment will be worth 50 points. You will be graded on the following criteria: 1) following instructions, 2) grammar, 3) citations, 4) clarity, 5) critical thinking. Each criterion represents 20% of your total score.

Criterion

100%

80%

60%

40%

20%

Instructions

Followed all instructions

Followed almost all instructions

Followed most instructions

Followed some instructions

Did not follow instructions

Grammar

0-2 errors

3-4 errors

5-6 errors

7-8 errors

9 or more errors

Citations

All information correctly cited in the MLA format

All information correctly cited in the wrong format

1-3 missing citations or missing works cited page, in the MLA format

1-3 missing citations or missing works cited page, wrong format

4 or more missing citations

Clarity

Clearly written and on topic

Mostly clear and on topic

Somewhat clear or tendencies to get off topic

Not clear, but mostly on topic

Not clear and off topic

Critical Thinking

Demonstrates a clear understanding of the concepts

Demonstrates a good understanding of the concepts

Demonstrates a moderate understanding of the concepts

Demonstrates a familiarity with the concepts

Does not demonstrate an understanding of the concepts