[Extra-credit Option]

Eco 242
Macroeconomic Theory and Policy

Eshragh Motahar
Winter 2019

Office Hours:  Tuesdays and Thursdays 4:00-5:00, and by appointment.  Telephone:  388-6065.  E-mail:  motahare@union.edu

Guidelines for the Extra-credit Option

  • From the syllabus section D.2:  Extra-credit Option. There is no required homework assignment or term project.  However, you may choose to replace 14% of your course grade with a four-page (absolute maximum, typed, double-spaced, one-inch margins, 12-point Times New Roman font) explication of a topic/problem directly related to a concept covered in the course and/or to a current macroeconomic policy issue. You may put any graphs, charts or tables on extra pages.  You may do this project in one of the following ways:  either choose a topic from a newspaper or magazine article and/or a reliable Internet source, and relate it to what we do in this course, or do a piece of empirical (econometric) work on one of the subjects covered in the course.  If you wish, you may consult with me regarding your topic.  However, please do not wait until the last minute to do this.  I suggest a deadline of Thursday, March 7th, for consultation; the consultation is not required.  This assignment, if you choose to do it, is due, in electronic format, on Monday, March 18th, at 4:00 p.m.  Late submissions will NOT be accepted.  This option is NOT open to students who miss more than two classes during the term (see section 3 below).  You need to exercise this option very carefully.  Something cobbled together at the last minute, or in any case done carelessly, will be worse than useless.
  • Choose a very clear and sharply-focused topic relevant to the course.  The topic must be a macroeconomics-related one.  You should certainly refer to more than one source for your paper.
  • The relevance of your topic to the course material must be clear.  If in doubt, check with me.
  • Assume that your readers know the material covered in class.  Therefore, you should not repeat that material in detail.  You may, of course, refer to that material and use it.  For example, if you need to use IS-LM and/or PC curves, do so; but do not explain the details of how they are constructed.
  • Stay away from opinion and speculation.  You are fully entitled to your opinions and speculations.  But this paper is absolutely NOT the right place for those.
  • Your paper must be well-organized and well-written.  As much as possible, try to avoid unnecessary jargon.
  • Make sure your paper has a nice, crisp, descriptive title.  Do not forget to paginate your paper.  You will lose 10 points if you don't.
  • The text of your paper  should be at most 4 pages long, typed, double-spaced, one-inch margins all around, in Times New Roman 12-point font.  Charts, graphs, references and/or any other ancillary material may be put on additional pages.
  • Remember that there is an opportunity cost to this option--the time you could spend better preparing for Quiz 2 and for the Final Examination.  Only a paper which is truly excellent in all respects is going to get high marks.  So, make sure that your decision to take this option meets the cost-benefit test.
  • Please check with the Writing Center to make sure that the quality of your writing is high.  You will lose points for poor writing quality.
  • For citation and referencing style, consult here, and for more details check out this paper and this paper.
  • Be careful about Internet sources.  There is some good stuff on the Internet, but a lot of rubbish as well.  You need to be able to tell the wheat from the chaff.  If in doubt, consult with me.
  • The paper you submit for this course must not have been previously submitted for another course.  Also, you are not allowed to submit this paper for another course concurrently or in the future.
  • Include the honor code statement and your signature.
  • Your paper must be submitted, via e-mail in electronic format (pdf or Word).  If you use graphs for your paper, try to draw them electronically so that you can embed them in your paper.  If you need to draw them by hand, try to see if you can scan them and incorporate them in your paper.  If none of these options works for you, you may slip your hand-drawn graphs under my office door.  Make sure to put your name on whatever you submit in the latter way.
  • The due date for the optional paper is Monday, March 18th at 4:00 PM.  Late submissions will NOT be accepted.

 

 
 

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