Two ( Case studies)

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ECO 505 Case Study Instructions and Rubrics

Overview

This course includes two case studies. These exercises are designed to actively involve you in economic reasoning and decision making and help you apply the concepts covered in the course to complex real-world situations. The case studies provide practice reading and interpreting both quantitative and qualitative analysis and using the analysis to make decisions and predictions. These exercises also provide practice communicating your reasoning in a professional manner.

Module Two Case Study: Wal-Mart vs. Amazon

Read Wal-Mart Vs. Ama~on: World's Biggest E-Com!Il~rce Battle Could Boil Down To Vegetabl~ by Clare O'Connor, Forbes, April 23, 2013. Your submission for this assignment should include economics course vocabulary and the following critical elements.

1. Evolution of business models

a. How have Wal-Mart and Amazon changed their business models in recent years?

b. Discuss at least two (2) economic factors and the reasoning behind the changes. 2. Comparative advantage

a. Describe one comparative advantage of Wal-Mart and one comparative advantage of Amazon.

b. Based on these comparative advantages, evaluate which company is likely to dominate the growing online market for perishables. Use research to justify your conclusions.

3. Business Strategies

a. According to the article, what business strategy advice does Anne Zybowski, Kantar Research vice president of retail insights, give Wal-Mart?

b. If you were hired by Wal-Mart as a consultant, what would you suggest as a top priority in order to win the "battle for e-commerce supremacy"? Why? Be sure to use economic reasoning in your answer.

Guidelines

The case study must follow these formatting guidelines: double spacing, 12-point Times New Roman font, one-inch margins, and APA ejtilttonsPage length requirements: 2-3 pages, not including cover page and references.

Rubric for Case Study One/Module Two

Critical Elements

Exemplary

Proficient

Needs Improvement

Not Evident

Value

Evolution of Business

Submission meets "Proficient"

Describes how Wal-Mart and

Describes how Wal-Mart and

Does not include description of

20

Models

and extends explanation to

Amazon have changed their

Amazon have changed their

business models

include additional reasons for

business models in recent years

business models in recent years

the change

and identifies at least two

or identifies economic factors

economic factors and reasons

and reasons behind the changes

behind the changes

but does not include both

(20)

(18)

(14)

(0)

Comparative

Submission meets "Proficient"

Describes one comparative

Describes comparative

Does not describe one

20

Advantage

and extends explanation to

advantage of Wal-Mart and one

advantage of only one company

comparative advantage of Wal-

include compelling evidence in

comparative advantage of

and evaluates which company is

Mart and one comparative

support of the evaluation from

Amazon and evaluates which

likely to dominate the growing

advantage of Amazon. Does not

scholarly resources

company is likely to dominate

online market for perishables

evaluate which company is

the growing online market for

based on this comparative

likely to dominate the growing

perishables based on these

advantage alone

online market for perishables

comparative advantages

OR

based on these comparative

Describes one comparative

advantages

advantage of Wal-Mart and one

comparative advantage of

Amazon but does not evaluate

which company is likely to

dominate the growing online

market for perishables based

on these comparative

advantages

(20)

(18)

(14)

(0)

Business Strategy

Submission meets "Proficient"

Identifies the business strategy

Does not identify the business

Does not identify the business

20

and includes additional

advice and provides a

strategy advice, or does not

strategy advice, does not make

economic reasons for the

suggestion for a top priority and

make a suggestion for a top

a suggestion for a top priority,

suggested top priority

explains the logic for it using

priority, or does not explain the

and does not explain the logic

economic reasoning

logic for it using economic

for it using economic reasoning

reasoning

(20)

(18)

(14)

(0)

Course Vocabulary

Meets "Proficient" and

Applies vocabulary for the

Uses some economic

Does not include economic

20

integrates the course

economic topic throughout

vocabulary but it is unrelated to

vocabulary

vocabulary into all aspects of

case study

the context of the questions

the case study

(20)

(18)

(14)

(0)

Articulation of

Submission is free of errors

Submission has no major errors

Submission has major errors

Submission has critical errors

20

Response

related to grammar, spelling,

related to grammar, spelling,

related to grammar, spelling,

related to grammar, spelling,

syntax, and organization and is

syntax, or organization

syntax, or organization that

syntax, or organization that

presented in a professional and

negatively impact readability

prevent understanding of ideas

easy-to-read format

and articulation of main ideas

(20)

(18)

(14)

(0)

Earned Total

100

Comments:

Module Four Case Study: Pel! Grant Program

Read The Pell Grant Program: Recent Growth and Policy Optionsby the Congressional Budget Office (September 2013). Look in particular at the graph titled Growth in the Pell Grant Program Between Award Years 2006-2007 and 2011-2012. Your submission for this assignment should include economics course vocabulary and the following critical elements:

1. In 1-2 paragraphs, summarize the Pell Grant Program.

2. Spending for the Pell Grant Program

a. Identify when spending on the Pell Grant Program reached its maximum.

b. How did spending begin to fall even as the number of recipients continued to rise? 3. Pell Grant recipients

a. When did the greatest rise in the number of Pell Grant recipients occur?

b. Provide three (3) reasons for this rise in the number of recipients. 4. Future predictions

a. If the economy grows strongly over the next year, what do you expect will happen to the number of Pell Grant recipients? Explain your reasoning.

b. If the economy instead enters another recession, what do you expect will happen to the number of Pell Grant recipients? Explain your reasoning. 5. Alternative methods

a. The article lists several alternative methods that lawmakers might consider for helping students pay for postsecondary education. Summarize the advantages and disadvantages.

b. Considering the advantages and disadvantages of each alternative method, which alternative would you recommend to lawmakers and why?

Guidelines

The case study must follow these formatting guidelines: double spacing, 12-point Times New Roman font, one-inch margins, and I~I'/\ g.!aE~ II. Page length requirements: 2-3 pages, not including cover page and references.

Rubric for Case Study TWO/Module Four

Critical

Exemplary

Proficient

Needs Improvement

Not Evident

Elements

Value

Summary of

Includes a summary of

N/A

N/A

Does not include a

Program

the Pell Grant program

summary of the Pell Grant

(10)

program (0)

10

Spending for

Submission meets

Identifies when spending for

Identifies when spending for the

Does not identify when

the Pell Grant

"Proficient" and extends

the Pell Grant Program

Pell Grant Program reached its

spending for the Pell Grant

Program

explanation to include a

reached its maximum and

maximum or describes how

Program reached its

reason why the spending

describes how spending in the

spending in the program began

maximum or when

began to fall

program began to fall

to fall, but does not include both

spending began to fall

15

(15)

(13.5)

(10.5)

(0)

Pell Grant

Submission meets

Identifies when the greatest

Identifies when the greatest rise

Does not identify when the

Recipients

"Proficient" and includes

rise in the number of Pell

in the number of Pell Grant

greatest rise of Pell Grant

additional reasons for the

Grant recipients occurred and

recipients occurred, but

recipients occurred

rise in recipients

provides three (3) reasons for

explanation is not complete

(15)

the rise in recipients (13.5)

(10.5)

(0)

15

Predictions

Submission meets

Includes a prediction for if the

Includes a prediction for if the

Does not include

"Proficient" and cites

economy continues to recover

economy continues to recover or

predictions in submission

specific facts from the

or if it enters another

if it enters a recession, but does

article or graphs to

recession and an explanation

not include both. Or does not

support the explanation

for both scenarios

include explanation for

(20)

(18)

predictions (14)

(0)

20

Alternative

Submission meets

Includes a summary of

Includes a summary of

Neither a summary nor a

Methods

"Proficient" and further

advantages and

advantages and disadvantages,

recommendation is

extends how this

disadvantages, and makes a

but does not provide a

included

recommendation would

recommendation to

reasonable recommendation

affect students in the

lawmakers, and explains the

long term (20)

recommendation (18)

(14)

(0)

20

Course

Meets "Proficient" and

Applies vocabulary for the

Uses some vocabulary, but it is

Does not include economic

Vocabulary

integrates the course

economic topic throughout

unrelated to the context of the

vocabulary

vocabulary into all

case study

questions

aspects of the case study

(10)

(9)

(7)

(0)

10

Articulation of

Submission is free of

Submission has no major

Submission has major errors

Submission has critical

Response

errors related to

errors related to grammar,

related to grammar, spelling,

errors related to grammar,

grammar, spelling,

spelling, syntax, or

syntax, or organization that

spelling, syntax, or

syntax, and organization

organization

negatively impact readability and

organization that prevent

and is presented in a

articulation of main ideas

understanding of ideas

professional and easy-to-

read format (10)

(9)

(7)

(0)

10

Earned Total:

100

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