The Pandemic of Covid 19 and Its Effect on the Labor Market
Assignment ID Number AFFGEHU83939HD Type of Document Essay Writing Format APA/MLA/Harvard Academic Level Masters/University References/Sources 4 References
You will be given an economic podcast and asked to critically examine it for this writing assignment. Your analysis will be rated on its quality and thoroughness. As a result, you’ll be scored on the clarity, flow, and general cohesion of your paper’s writing.
Podcast:shttps://freakonomics.com/podcast/reemployment-part-1/ (This is a link to another website.)
Covid-19 is the biggest job killer in a century, says the podcast’s introduction. What does re-employment look like once the lockdown eases? Who will come in first and who will come in last? Which industries will boom, and which will fade away? The President of the United States has asked you to provide a critical assessment on the Covid-19 outbreak and its influence on the job market after listening to this audio. The President will make policy recommendations based on your report. In the audio, you must assess one of the four economists’ arguments/opinions.
Follow the steps in the outline below to write your paper:
Introduction to the paper (5 points): The introduction (first paragraph) summarizes what you believe to be the article’s major point(s). If there are a lot, concentrate on the one(s) you’ll be analyzing in the assignment.
A brief summary of the podcast (5 points) should be supplied. This summary should include all of the main points from the audio, as well as any noteworthy information or components. Spending the entire assignment summarizing the full article is not a good idea. Summaries should be brief and to the point, averaging one paragraph in length.
Explain the arguments of “your chosen” economists (15 points): The President is aware of “the above economist,” but lacks the necessary knowledge to enact policy. You must explain what the economist is arguing in this area. (Don’t simply paraphrase what they said.) You must use the models and methods you have learnt during the semester to demonstrate their point of view. At the very least, you should use one of the economic concepts we’ve discussed in class. To put it another way, I expect you to illustrate the economists’ arguments by developing a graph and demonstrating the reasoning’ impacts. Your graphs should be detailed and comprehensive.
Critical Analysis (40 points) of the Argument: This is the most crucial part of the project.
Students should concentrate on whether or not they agree with the economist and what recommendations they might make. Students should also consider how the podcast’s content will affect the economy in a macro context. The nature of the analytical section has the possibility to be modified. However, I recommend adhering to the following guidelines:
To assess the argument, you must first comprehend the author’s claims. Begin by identifying the assumptions that underpin the argument and determining if the conclusions are based on these assumptions. Try to separate the argument from the facts presented to support it.
To do a critical evaluation, you must first dissect the argument’s numerous parts and determine whether they make sense individually and as a whole. Can you think about the argument in a different way using the tools you learnt in class? Examine the author’s argument to check if there is anything missing or if he or she has utilized a tool or method erroneously or inappropriately. Is there any proof that refutes their claim?
I expect you to apply at least one of the economic models we discussed in class. The AS/AD model, the Classical model, the Phillips Curve, and so on should all be used. Your models should be detailed as well. Make sure you read the sections that explain what the models mean and how they affect the economy.
All models must be hand-drawn. Any models “grabbed” from the book or the internet will not be counted and will have a negative impact on your grade. Hand-drawn models should be digitized and in good condition.
Ending (5 points): A solid conclusion is critical because it is your last chance to create an impact on your reader. The purpose of your conclusion is to summarize all you’ve written, not to propose any new ideas. Your conclusion should specifically achieve three important objectives:
Restate your essay’s core point, or thesis statement.
Write a summary of your essay’s main topics.
Leave an intriguing final impression on the reader.
Bibliography: At least three sources must be cited. One source could be class notes or lectures. One source can be accounted for in the textbook.
How should you format your paper?
Your paper should be typed, double-spaced, and 12 points in font size.
Three pages are required (not including models, works cited page).
The assignment should be written in Microsoft Word.
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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