ECO561 University of Phoenix US Agriculture Support Programs Presentation Purpose of Assignment The theory of market economies emphasizes freedom of choic
ECO561 University of Phoenix US Agriculture Support Programs Presentation Purpose of Assignment
The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure – the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Students will examine articles from the University library to analyze real-world examples of U.S. government intervention programs and apply current week readings to make intelligent conclusions about the economic policies.
Assignment Steps
Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.
Using the University Library, EBSCOhost, or ProQuest data bases, locate up to three different articles/publications and/or use The Economist Online from the University Library to examine one case of significant government intervention as it relates to your current industry of employment or an industry in which you are interested in working. You may access EBSCOhost, ProQuest or The Economist Online through the University Library homepage:
Click on the Library tab.
Click on University Library.
Click on the tab to Databases A-Z.
Click on “E”.
Scroll down to Economist.com.
Examples of intervention programs you may select, but are not limited to:
US agriculture support programs
Low income support programs (Food Stamps, Earned Income Tax Credit, Child Tax Credit, and Temporary Assistance to Needy Families)
Medicaid, Children’s Health Insurance Program, The Affordable Care Act (Obamacare)
Low-income rent controls and housing vouchers
Government promotion of renewable energy sources to discourage use of fossil fuels such as coal and oil
Unemployment Insurance
Bailout of U.S. banks and other financial institutions during the Great Recession
Bailout of U.S. auto makers during the Great Recession
Social Security retirement benefits
Develop a minimum 10-slide Microsoft® PowerPoint® presentation including detailed speaker notes or voiceover including the following:
Describe the intervention and detail its history.
Analyze the arguments for government intervention as opposed to arguments for market-based solutions. Hint: See the information in our course textbook on market failures.
Examine who may be helped and who may be hurt by the selected government intervention.
Examine externalities and/or unintended consequences of such intervention.
Determine the cost trend of the intervention program since its implementation including whether costs are increasing, decreasing, or vary with the state of the economy.
Evaluate the success or failure of the intervention in achieving its objectives and develop conclusions.
Recommend whether the program should be continued as is, discontinued, or modified and defend your recommendation.
Note: The use of tables and/or charts to display economic data over the time period discussed is highly encouraged. However, if your source includes the copyright symbol, which looks like this: ©, then you should not copy any table and/or charts from that source. You could use, but are not required to use, charts/graphs retrieved from the Federal Reserve Bank of St. Louis FRED web site as long as the data sources used by FRED to create those charts are government sources such as the Bureau of Economic Analysis or the Bureau of Labor Statistics.
Cite a minimum of three scholarly, peer-reviewed references.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment. Government Intervention Grading Guide
ECO/561 Version 12
Economics
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Government Intervention Grading
Guide ECO/561 Version 12
Edited in accordance with University of Phoenix® editorial standards and practices.
2
Government Intervention Grading
Guide ECO/561 Version 12
Individual Assignment: Government Intervention
Purpose of Assignment
The theory of market economies emphasizes freedom of choice and limited government intervention. The
classic argument for government intervention is market failure – the inability of the market economy to correct
itself from a dysfunctional state (such as the Great Depression). Students will examine articles from the
University library to analyze real-world examples of U.S. government intervention programs and apply current
week readings to make intelligent conclusions about the economic policies.
Resources Required
Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also
additional tutorials via the web offering support for Office products.
Grading Guide
Content
Described the intervention and detailed its
history.
Analyzed the arguments for government
intervention as opposed to arguments for
market-based solutions.
Examined who may be helped and who may
be hurt by the selected government
intervention.
Examined externalities and/or unintended
consequences of such intervention.
Determined the cost trend of the intervention
program since its implementation including
whether costs increased, decreased, or
varied with the state of the economy.
Evaluated the success or failure of the
intervention in achieving its objectives and
developed conclusions.
Recommended whether the program should
be continued as is, discontinued, or modified
and defended your recommendation.
Cited a minimum of three scholarly, peerreviewed references.
The presentation is a minimum 10 slides and
is appropriate for the audience. Included
detailed speaker notes or voiceover.
Met
Partially
Met
Not Met
Comments:
3
Government Intervention Grading
Guide ECO/561 Version 12
Content
Met
Partially
Met
Not Met
Total
Available
Total
Earned
4
#/4
Partially
Met
Not Met
Total
Available
Total
Earned
1
#/1
5
#/5
Comments:
The presentation includes relevant media and
visual aids that are consistent with the
content.
Presentation Guidelines
Met
The presentation is laid out with effective use
of headings, font styles, font sizes, and white
space.
Intellectual property is recognized with in-text
citations and a reference slide.
The presentation includes an introduction and
conclusion that preview and review major
points.
Major points are stated clearly; are supported
by specific details, examples, or analysis; and
are organized logically.
Rules of grammar and usage are followed
including spelling and punctuation.
Assignment Total
Additional comments:
#
Comments:
4
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