Why is it an economic problem

1. Economic issue
   • Why is it an economic problem?
   • Where is the trade off?
   • Make it clear in introduction
2. Social importance
   • Why important?
   • What part of society affected?
3. Economic principles (Mankiw principles: opportunity cost, marginal reasoning)
   • The body of your essay has to be guided using economic principles.
   • Use economic principles to argue the point.
   • Diagrams are a plus but not mandatory
   • Conclusion: summary of main argument
4. Sources
   • 5 academic sources
     • journal articles (American economic review, quarterly journal of economics, rand journal of economic)
     • text books
     • articles published by economists
     • use citations properly (consistent)
5. Clarity
   • grammar, spelling
   • argumentative
   • avoid subjective sentences

requirement: 5-7 pages, citation.

The rubric is in the files, please see it carefully