Critically evaluate pros and cons of the policy and event


Assignment:

Instruction for the News Event Assignment

Objective:

The objective of the assignment is to use social science inquiry skills such as analyzing claims, exploring implications of economic policies and forming an independent judgement using critical thinking.
Instructions:

Part I

• Find an article related to an economic event or a policy from a reliable source. This is an individual assignment.
• Examine the claims made in the article, using the concepts you learned in class.
• Critically evaluate the pros and cons of the policy/event. Who are the winners? Who are the losers?

Describe the implications for different groups/stakeholders involved.

• Form your own independent judgement on the policy/event and provide recommendations for improvement, if relevant.
• Submit a 5-page (double-spaced, font size 12) report by December 8, 2015 (during class).
• Late submission will not be accepted.
• Early submission will be accepted.

Part II
Examples of possible topics:

• Sharing Economy - Uber services or vacation-rentals.
• Solar Panel Subsidy.
• Falling Oil-prices.
• Regulating Google.
• Raising minimum wage rate.
• Price-fixing and government regulations.

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Microeconomics: Critically evaluate pros and cons of the policy and event
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