Monopolistic Competition Model Assignment | Online Assignment

Microeconomics—Miniessays, Essays, e-Clinics, R&D, Term Projects

A   R U B R I C

(Short Version)

Criteria                                                                                                                           Ratings

                                                                                                                         Absolute             Relative (%)

Specificity               Please use specific micro-concepts

(e.g., econometrics, elasticity, PPF, G,…)

while backing them up with at least                            20 pts                   20%

1 illustration or 1 concrete example–

                               CT, math, graphs, matrices.

Measurability        Please corroborate your topic with credible

                                  statistics, data, diagrams, figures, or numbers

(e.g., the elasticity of demand is greater (>) than      20 pts                  20%

1, =1, <1, =0, etc.  Or, that the marginal revenue

(MR) is equal to $100; $1,000; etc.

Balancedness         Your writing ought to be critical thinking-based,

providing thereby a dialectical thesis, an antithesis,

and a synthesis (plus an introduction and a

conclusion—MLA, APA, Oxford,…) or simply a

micro-description and pros and cons vis-à-vis

your theme (e.g., a clear theory of monopoly,

the advantages of monopoly, and its

disadvantages).                                                                  20 pts               20%

Constructiveness   Please offer a couple of justified remedies or

helpful recommendations to fixing the cons or

disadvantages of your chosen topic. Additionally,

please propose one impact on your professional

development (as a microeconomist or a business

major) as well as one effect on your personal             20 pts               20%

enrichment (saving, investing, optimum consuming,

real estate, globalization trade, forex, etc.).

Sensitiveness         Please make sure to back up your essays with sound

(valid and true) micro-arguments and cogent

(statistically compelling) explanations. Alternatively,

please transcend personal beliefs or opinions,

subjectivities, ad homina, ad popula, stereotypes,     20 pts              20%

and a number of other fallacies (for more details,

you may review the ‘Long Version Rubric,’ published

under Canvas/Files).