Part II. Optional B: Short Analysis on COVID-19 (26% of semester grade): You are required to analyze cases you came across during the COVID-19 pandemic using the concepts, models, theories that you...

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Part II. Optional B: Short Analysis on COVID-19 (26% of semester grade):


You are required to analyze cases you came across during the COVID-19 pandemic using the concepts, models, theories that you have learned from the course. Please submit to the Assignment folder on Sakai.


It is open around5/3/2020and due on5/12/2020.



Two Strategies for COVID-19 Analysis:



  • Depth: one topic, one model, or even one concept, but with lots of case and data to support your view or test your hypotheses.

  • Width: multiple topics/models/concepts, each with sufficient examples/cases to explain the key terms. This is particularly powerful if you used concepts/models across different weeks’ topics.



Tips for a well-argued COVID-19 Analysis:



  • Direct to the point on your research questions/hypotheses or directly answer the questions

  • Well organized: each section has a central meaning with a topic sentence or key concepts at the beginning or bolded.

  • Bold you key terms

  • Define your terms first

  • Well referenced for cases cited, data sources, literature cited, theories and methods adopted, etc. Please use APA or Chicago or MLA style.

  • Proof read and check plagiarism.




Part  II. Optional A: Final Exam for Essay Questions (26% of semester grade) Open book open note essay question. This part will be accessed via Sakai\Assignments and can be completed by individual students only and needs to be submitted to the Sakai\Assignment folder.  The detailed instructions on Final Exam Part II is attached.  Please submit to the Assignment folder on Sakai. The exam is open around 5/3/2020 and due on 5/12/2020. For the Final Exam for Essay Questions, in order to get a good grade, here are a few tips: 1. make sure you answers are clearly labeled, which answer for which question. 2, make sure your answers are well organized with clear topic sentences at the beginning of each paragraph. 3. make sure you directly answer each question.  4. refer and explain the key relevant textbook concepts/theories/models and make the key terms in bold.  5. provide evidence for your argument-- either text book information (with page number and bold the key terms) or from some sources with a correct referencing style (typically APA or Chicago style). Directions for Final Exam for Essay Questions: This is the Final Exam for Essay Questions for ECON 605.  All submitted work will be judged on accuracy, relevance, and completeness of answers provided.   Further, all submitted work will be checked for originality and authorship.  You are free to use the work of others in proving your points, making your arguments, just be sure to cite it as the work of others and submit to the Sakai Assignment Folder.  All submissions must be in the Sakai Assignments section and there is only 1 submission per person.  All submissions will be in the form of a WORD file. There will be no late assignments accepted without prior approval and provision of a 3rd party documented reason or excuse.   Rubrics: 1. Unacceptable – Student did not identify issues with the environment or in healthcare and/or did not identify related key concepts and/or did not identify any public policies or regulations addressing those issues. . 2. Needs Improvement – Student identified issues with the environment or in healthcare but did not identify appropriately, per material in course or other acceptable material, key concepts and/or public policies or regulations in addressing those issues. 3. Sufficient – Student identified issues with the environment or in healthcare and did identify, per materials in course or other acceptable material a public policy or a regulatory approach in addressing those issues, but did not identify key concepts. 4. Better than Sufficient.  Student identified issues with the environment or in healthcare and did identify per materials in course or other acceptable materials a regulatory or policy approach in addressing those issues, and did identify some key concepts, but not all related key concepts. 5. Excellent.  Student identified issues with the environment or in healthcare and did identify per materials in course or other acceptable materials a regulatory or policy approach in addressing those issues, and did identify all most relevant key concepts. Essay Questions: 1. In the reading material, an example is given regarding possible negotiations between a resort (a victim of pollution) and a steel company (the creator of pollution).   The purpose of the example, is to illustrate that a socially efficient outcome can be obtained if the steel company owns the rights to the underlying resource (the environment).  Using a graph to explain how an efficient outcome can emerge if the resort owns the rights to the environment and the steel company approaches the resort to negotiate a payment, this time from the steel company to the resort.  Do you think a social enterprise can be more efficient than a commercial enterprise on this issue? Fully explain. 2. Please analyze with examples the health care issues in the United States using criteria for a well-functioning markets.  Please also identify public policies or regulations addressing those issues.   Part  II. Optional B: Short Analysis on COVID-19  (26% of semester grade):   You are required to analyze cases you came across during the COVID-19 pandemic using the concepts, models, theories that you have learned from the course.  Please submit to the Assignment folder on Sakai. It is open around 5/3/2020 and due on 5/12/2020. Two Strategies for COVID-19 Analysis: · Depth: one topic, one model, or even one concept, but with lots of case and data to support your view or test your hypotheses. · Width: multiple topics/models/concepts, each with sufficient examples/cases to explain the key terms.  This is particularly powerful if you used concepts/models across different weeks’ topics. Tips for a well-argued COVID-19 Analysis: · Direct to the point on your research questions/hypotheses or directly answer the questions · Well organized: each section has a central meaning with a topic sentence or key concepts at the beginning or bolded. · Bold you key terms · Define your terms first · Well referenced for cases cited, data sources, literature cited, theories and methods adopted, etc. Please use APA or Chicago or MLA style. · Proof read and check plagiarism. Rubrics: 1. Unacceptable – Student did not identify issues or cases related to the COVID-19 pandemic and/or did not identify related key concepts and/or did not identify any public policies or regulations addressing those issues. . 2. Needs Improvement – Student identified issues or cases related to the COVID-19 pandemic, but did not identify appropriately, per material in course or other acceptable material, key concepts and/or public policies or regulations in addressing those issues. 3. Sufficient – Student identified issues or cases related to the COVID-19 pandemic and did identify, per materials in course or other acceptable material a public policy or a regulatory approach in addressing those issues, but did not identify key concepts. 4. Better than Sufficient.  Student identified issues or cases related to the COVID-19 pandemic and did identify per materials in course or other acceptable materials a regulatory or policy approach in addressing those issues, and did identify some key concepts, but not all related key concepts for the case or did not provide sufficient evidence to support the key view. 5. Excellent.  Student identified issues with the environment or in healthcare and did identify per materials in course or other acceptable materials a regulatory or policy approach in addressing those issues, and did identify all most relevant key concepts to the case or provide sufficient evidence to support the key view. Additional resources for assignment
Answered Same DayMay 03, 2021

Answer To: Part II. Optional B: Short Analysis on COVID-19 (26% of semester grade): You are required to...

Alomita answered on May 11 2021
147 Votes
The global pandemic has pushed the world in to a disaster. It has consequences which are beyond the spread of the virus itself. It has made some significant changes on the world supply side. It has caused the largest global recession in history since 2008-2009. The shortages in the supply occurred due panic buying, increased usage goods like mask , sanitizer, soaps and other necessary things to fight pandemic and also led to price gouging. There are reports of shortage of supply in the pharma sector. The world stock market had a steep fall on 24TH February, 2020 due to rise in covid-19 cases across the globe. By 28 February 2020, stock markets worldwide saw their largest single-week declines since the 2008 financial crisis.
Impact on income
On other side of the story , low income individuals are more likely to face severe troubles as they prone to the virus more and are likely to die from it. Studies and reports have shown that both in New York city and Barcelona, low income people are disproportionately hit by the virus. In the United States, millions of...
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