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eco202-unit_3_assignment1.pdf

ECO202 – Microeconomics

Unit 3 Assignment: The Living Wage

Due: Sunday by 11:59 pm at the end of Unit 3.

Should drugs be legalized?

Legalization of drugs such as marijuana, cocaine and heroin often provokes intense

disagreement among citizens as well as policymakers. Because legalization would create a

market for these drugs, economists can provide helpful commentary based on consumer choice

and demand.

To read about the current debate visit:

http://www.drugpolicy.org/news/082307media.cfm

http://www.druglibrary.org/schaffer/debate/debate.htm

Support for legalization does not divide easily along traditional political viewpoints. For a

conservative group’s argument see the Cato Institute at:

http://www.cato.org/testimony/ct-dbz061699.html

The American Civil Liberties Union (ACLU) discusses the issue at:

http://www.aclu.org/criminal-law-reform

By contrast, the US Department of Justice argues against legalization at:

http://www.dea.gov/pr/multimedia-library/publications/speaking_out.pdf

For additional discussion by mainstream economists see:

Brookings Institution (a private research group)

http://www.brookings.edu/research/articles/1996/03/spring-crime-stares

National Bureau of Economic Research, “Smoking, Drinking, and Drug Use Respond to Price

Changes”

http://www.nber.org/digest/may05/w10948.html

Your final product will be a paper that:

 Addresses the question above in total.

 Is APA fortatted.

 The body is to be 2 pages minimum.

The requirements for your assignment are:

1. Answer this question fully.

2. Define the overall subject for the question.

3. Cite at least three (3) resources from this week’s materials.

Students: Be sure to read the criteria and review the grading rubric on the next page, by

which your paper/project will be evaluated, before you write, and again after you write.

Evaluation Rubric for Unit 3 Assignment

CRITERIA Deficient Proficient Exemplary Points

Earned

Overview of the

Topic 0-13 Points

Does not provide an

adequate overview

or is missing.

14-27 Points

Overview is

presented, though

may not be clear or

complete.

28-40 Points Overview is clearly

presented including

all criteria outlined

above.

Complete

Answers 0-11 Points Question

unanswered and/or

poorly answered.

12-23 Points Question answered

with 1-2 sentence

inputs.

24-35 Points

Question answered

with depth and

clarity.

References to

Course Materials 0-5 Points Less than 3

references, no

assimilation to the

questions.

6-10 Points 3 references,

minimal

assimilation to the

questions.

11-15 Points 4 or more references

and assimilations

show depth and

clarity.

APA Format 0-1 Point Format has errors

that impede

professional

presentation; and/or

APA not followed,

reference page

missing.

2-3 Points APA format and

reference page has

few errors that do

not impede

professional

presentation.

4-5 Points APA format and

reference page is

clear, professional,

and error free.

Writing Quality 0-1 Point More than 7 writing

errors, to include

spelling and

punctuation.

2-3 Points More than 4 writing

errors, to include

spelling and

punctuation.

4-5 Points No writing errors.

Total 100