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C. Discuss the role of economic thinking in the nature of business organization. In particular, discuss the "Agency Problem," principle agent problem, and moral hazard. Describe ways they may have contributed to corporate behaviors that influenced economic problems during the recession. Include an analysis of executive managerial incentive structures.

D. Provide a summary of how your analysis can inform business practices, public policy, and/or other disciplines of study in 2014.

Milestones

In order to fully scaffold to the final draft of your paper, you will complete a series of research activities called milestones. These milestones will occur throughout the course and they will directly correspond to various critical elements of your final paper.

Using the Blackboard Journal tool, you will post your responses for each milestone. Your instructor will review each and provide feedback for the week each is due. The final paper will not be accepted unless all journal milestones are completed.

You will utilize the information and conclusions from your journal postings to write the final paper, which is due in Week Ten. The table below shows the various deliverables for the final project.

Deliverable Milestones

Deliverable

Module

Corresponding Critical Element

Submission and Grading

Due

Phase I

Three

C: Economic Thinking

Submitted as journal, graded at 50 points for submission

Phase II

Five

A.1: Comparison of Events

Submitted as journal, graded at 50 points for submission

A.2: Government Reactions

Phase III

Seven

B.1: Economic Models

Submitted as journal, graded at 50 points for submission

B.2: Forecasting

B.3: Quantitative Analysis

Phase IV

Nine

A.3: Effects on Business Decision Making

Submitted as journal, graded at 50 points for submission

Final Economic Analysis

Ten

All critical elements due (A-D)

Submitted as an assignment, graded at 170 points using

Research Paper

final research paper rubric

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Total points: 370

Final Research Paper Rubric

This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review

Guidelines: The research paper must follow these formatting guidelines: double spacing, 12-point Times New Roman font, one-inch margins, and Page length requirements: 8-10 pages.

Critical Elements

Exemplary

Proficient

Needs Improvement

Not Evident

Value

A.1: Comparison of

Submission meets "Proficient"

Submission introduces and

Submission briefly highlights

Submission does not provide a

10

Events

criteria and demonstrates

accurately addresses major

key points of events but does

comparison of the Great

particular insight into economic

similarities and differences

not provide a substantiated

Depression and the 2007-2009

variables and terminology

between the Great Depression

comparison and contrast

U.S. recession

and the 2007-2009 u.S,

between the Great Depression

recession using appropriate

and the 2007-2009 U.S.

research sources

recession

(10)

(9)

(7)

(0)

A.2: Government

Submission meets "Proficient"

Submission provides a well-

Submission does not provide a

Submission does not address

5

Reactions

criteria and includes key

supported comparison of the

logical or supported

government reactions and/or

economics concepts that enrich

government reactions in the

comparison of the government

resulting regulations

and extend the analysis

time periods and resulting

reactions and regulations in the

regulatory changes

time periods

(5)

(4.5)

(3.S)

(0)

A.3: Effects on

Submission meets "Proficient"

Submission provides a well-

Submission does not provide

Submission does not address

10

Business Decision

criteria and includes key

supported, logical discussion of

support for claims or presents

the effects on business decision

i

Making

economics concepts that enrich

the effects on business decision

gaps in logic

making during the time periods

and extend the analysis

making during the time periods

(10)

(9)

(7)

(0)

B.1: Economic Models

Submission meets "Proficient"

Submission provides an analysis

Submission briefly or

Submission does not provide a

5

criteria and demonstrates

of chosen economic models

inaccurately discusses chosen

discussion of economic models

particular insight into chosen

and their use in policy making,

economic models and their use

and their use in policy making

economic models

using appropriate resources to

in policy making

support the analysis

(S)

(4.5)

(3.5)

(0)

B.2: Forecasting

Submission meets "Proficient"

Submission provides an

Submission briefly or

Submission does not provide a

20

and demonstrates particular

evaluation of forecasting

inaccurately discusses

~scussion of forecasting

insight into economic

methods during the time

forecasting methods during the

methods during the time

forecasting limits and

periods, using appropriate

time periods

periods

possibilities

resources to support the

evaluation

(20)

(18)

(14)

(0)

B.3: Quantitative

Submission meets "Proficient"

Submission accurately and

Submission provides an

Submission does not provide a

15

Analysis

criteria and provides an

appropriately integrates tables,

inappropriate table, graph,

table, graph, equation, and/or

insightful analysis to the

graphs, equations, and/or

equation, and/or model, or

model

importance of quantitative

models that support the

does not discuss its importance

analysis through tables, graphs,

analysis

to the analysis

equations, and/or models

(15)

(13.5)

(10.5)

(0)

C: Economic Thinking

Submission meets "Proficient"

Submission provides a well-

Submission briefly or

Submission does not provide a

15

criteria and extends discussion

supported analysis, using

inaccurately discusses key

discussion of the role of

into today's economic

relevant examples of how

economic principles as they

economic thinking and business

conditions for businesses

economic thinking influences

relate to business organizations

organizations

business organizations

,

I

(15)

(13.5)

(10.5)

(0)

D: Relation to Other

Meets "Proficient" and shows

Submission provides a well-

Submission briefly or

Submission does not provide a

10

Disciplines

exceptional insights into the

supported summary of how the

inaccurately discusses the

summary relating analysis to

interpretation the events as

analysis can inform today's

importance of the analysis to

today's businesses, policy,

they relate to business, policy,

businesses, policy, and/or other

today's businesses, policy, or

and/or other disciplines of

and/or other disciplines

disciplines of study

other disciplines

study

(10)

(9)

(7)

(0)

Articulation of

Submission is free of errors

Submission has no major errors

Submission has major errors

Submission has critical errors

10

Response

related to citations, grammar,

related to citations, grammar,

related to citations, grammar,

related to citations, grammar,

spelling, syntax, and

spelling, syntax, or organization

spelling, syntax, or organization

spelling, syntax, or organization

organization and is presented

that negatively impact

that prevent understanding of

in a professional and easy-to-

readability and articulation of

ideas

read format

main ideas

(10)

(9)

(7)

(0)

Earned Total

100

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