Economic project

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ECON 335 International Economy

Instructor: Huiran Pan

Writing Assignment

Deadline: 11:59PM (Pacific Time) on May 7, Tuesday

Canvas online submission will be automatically shut down at the deadline.

Late submission through email will result in 20% deduction in the writing assignment grade

for any delay less than 48 hours. No more late submission will be accepted or graded after 11:59PM

(Pacific Time) on May 9, Thursday.

ECON 335 fulfills the general education requirement in Explorations in Social Sciences. The writing

assignment is designed to give you practice in applying economic concepts to real world issues as well as

to hone your argumentative and writing skills.

Grading

It accounts for 15% of the course grade. Your assignment will be graded according to the following

criteria (see detailed rubrics on page 3):

• Content: demonstrate clear understanding of the material and correctly apply relevant

economic concepts and theories to the issue(s) in question.

• Analysis: present an in-depth economic analysis; thoughts and arguments are developed

precisely and logically.

• Writing: clear and concise meaning, good transitions, free of spelling and grammatical

errors, and correct formatting and citations.

Requirement

Read the following articles posted on Canvas→ Assignments→Writing Assignment.

“Down but not out,” Anonymous, The Economist, Vol. 436(9211), September 12, 2020, pg. 63.

“Changing places,” Anonymous, The Economist, Vol. 437(9215), October 10, 2020, pg. S7-S8.

“Stronger links,” Anonymous, The Economist, Vol.443(9293), April 23, 2022, pg. 70.

Write a report in your own words to answer the assignment questions on page 2.

Do not merely copy the words or directly quote the sentences in the articles or line up unrelated

answers to the assignment questions. You may use as references the articles above, the textbook, and

your lecture notes. No other print or online sources (including Google or Chat GPT) are allowed. If

you cite the articles above and/or the textbook, please include your citations and references using APA

format. For guidance of APA format, see https://libraryguides.fullerton.edu/citations/APA.

This is an individual assignment. Do not discuss with any other students/tutors about the writing

assignment. If you have questions regarding the writing assignment, please ask the instructor.

Plagiarism will result in zero and will be reported to the Student Conduct Office.

Format

The report should be two to three pages, 1.5 line-spaced, 11-point font. Cover page, references, tables,

and graphs are not counted into the page limit. The report needs to be typewritten using Microsoft

Word. No handwritten papers will be accepted.

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Submission

Name your writing assignment electronic file (Microsoft Word or PDF file) as

“Lastname_Firstname” and submit the electronic file via Canvas course website→

Assignments→Writing Assignment Online Submission by the deadline.

Please submit your draft on Canvas at least one day early in case any technology problem occurs on

the due date. Similarity reports are available immediately after submission. You may submit your draft

as many times as you want before the deadline. The system will overwrite the previous version. To

resubmit a new version, you can log back into Canvas-Assignments-Writing Assignment Online

Submission, and then click the upper arrow icon next to your previous draft to resubmit.

Assignment Questions (Total: 30 points)

Please refer to the assigned articles and apply what you have learned in Econ 335 to answer the

following questions.

Note: Please include your full name, CWID, and your class section# on the top right of the first page

or a cover page in your report.

Please do NOT copy the questions in your report because it will result in similarity problem. Just write

down the question # and your answers to the questions in order in your report.

1. According to the article “Down but not out,” how has trade survived during the covid-19 pandemic?

Why the drop in trade relative to GDP during the pandemic has been smaller than during the financial

crisis? Please also refer to the Chart of World Merchandise Trade (% change on a year earlier) in the

article for details. (10 points)

2. According to the article “Changing places,” summarize how globalization had evolved in the period

from the mid-1980s until 2019. How has the covid-19 pandemic affected trade in goods and services

respectively in recent years? (10 points)

3. According to the article “Stronger links,” what has been the trend for supply chains in recent years

since 2020? As mentioned in Chapter 2_part 2 PowerPoint slides, reshoring production to the United

States has started since 2013. What is reshoring? Does reshoring help adapt to the new era after the covid-

19 pandemic? Why or why not? How can firms and governments adapt to the new era? (10 points)

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Rubrics for Writing Assignment

Each question of the writing assignment is graded out of 10 points according to the

following criteria:

Criteria/Levels Inadequate Passing Good

1. Content

Demonstrate clear

understanding of the

global economic

issue(s) and correctly

apply relevant

economic

concepts/theories to the

issue(s) in question.

Possible points: 4 points

Inadequate

understanding of the

issue(s) discussed in

the article(s) or

questions, or does not

apply relevant

economic

concepts/theories

accurately.

0-2 points

Summary of the

problems or issues in

the article(s) or

questions is mostly

accurate; applies

relevant economic

concepts/theories, but

some aspects/details are

unclear, incorrect, or

absent.

2-3.5 points

Clearly identifies and

summarizes the

problems or issues in

the article(s) or

questions; correctly

applies relevant

economic

concepts/theories;

critical details are

clear.

3.5-4 points

2. Analysis

Present an in-depth

economic analysis;

thoughts and arguments

are developed precisely

and logically.

Possible points: 4 points

Attempt to describe

the causes and effects

of the said issues, with

major mistakes.

0-2 points

Analyze the causes and

effects of the said

issues, but thoughts and

arguments are not in-

depth or have minor

mistakes.

2-3.5 points

Analyze the causes

and effects of the said

issues correctly;

present in-depth

economic analysis;

thoughts and

arguments are

developed clearly and

logically.

3.5-4 points

3. Writing

Writing is clear and

concise in meaning

with good transitions.

Free of spelling and

grammatical errors, and

correct APA formatting

and citations.

Possible points: 2 points

Writing contains

several spelling or

grammatical errors,

unclear meaning, or

poor transitions; does

not use proper APA

citations.

0-0.5 points

Use straightforward

language that generally

conveys meaning to

readers; use proper

APA citations; with one

or two spelling or

grammatical errors.

0.5-1.5 points

Use thoughtful

language that skillfully

communicates

meaning to readers;

use proper APA

citations; free of

spelling and

grammatical errors.

1.5-2 points