Choose an economist discussed in Chapters 3-4 and explain that philosopher’s market theory
Question # 00351986
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Updated on: 08/03/2016 01:30 AM Due on: 08/03/2016
Create a PowerPoint presentation of 12-15 slides (not including the title and reference slides) discussing supply and demand in the public sector. Include the following:
1 Choose an economist discussed in Chapters 3-4 and explain that philosopher’s market theory.
2 Explain demand theory. Discuss factors that cause changes in demand and quantity demanded.
3 Explain supply theory. Discuss factors that cause changes in supply and quantity supplied.
4 How do changes in supply and demand effect market price and quantity?
5 Explain the implications of tax on both supply and demand.
6 Discuss the black market and government’s response. How do the laws create higher risks for suppliers? Explain.
Be sure to include graphs, charts and other visuals in your presentation that will enhance your analysis. Include slide notes containing explanations and rationale.
Be sure to cite three to five relevant scholarly sources in support of your content. Use only scholarly sources found in the Library or those provided in Topic Materials.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
While APA Style format is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references
Rubric
Supply and Demand
| 1 Unsatisfactory 0.00% | 2 Less than Satisfactory 74.00% | 3 Satisfactory 79.00% | 4 Good 87.00% | 5 Excellent 100.00% | |
|---|---|---|---|---|---|
| 80.0 %Content | |||||
| 20.0 % Create a PowerPoint presentation of 12-15 slides discussing supply and demand in the public sector. Include the following, 1. Choose an economist discussed in chapters 3-4 and explain that philosopher's market theory. | Presentation does not discuss supply and demand in the public sector nor does it discuss a specific Market philosopher. | Presentation contains less than 12 slides discussing supply and demand in the public sector; market philosopher's theory is discussed. Key elements are skimmed over and explanations are lacking depth of any kind. | Presentation contains 12-15 slides discussing supply and demand in the public sector; market philosopher's theory is discussed with some level of depth but lacks some evidence to support claims. Demonstrates a basic understanding of the topic. | Presentation contains 12-15 slides discussing supply and demand in the public sector; market philosopher's theory is discussed with mostly accurate details and evidence; explanation provides analysis with some evidence to support claims. | Presentation contains 12-15 slides discussing supply and demand in the public sector; market philosopher's theory is discussed with quality details and factual evidence; explanation is insightful with relevant evidence to support claims. Demonstrates an exceptional understanding of topic. |
| 10.0 % 2. Explain Demand Theory. Discuss factors that cause changes in demand and quantity demanded. | Presentation does not include an explanation of Demand Theory or the factors that cause changes in demand and quantity demanded. | Presentation includes an explanation of Demand Theory including the factors that cause changes in demand and quantity demanded. Key elements are skimmed over and explanations are lacking depth of any kind. | Presentation includes an explanation of Demand Theory including the factors that cause changes in demand and quantity demanded with some level of depth but lacks some evidence to support claims. Demonstrates a basic understanding of the topic. | Presentation includes an explanation of Demand Theory including the factors that cause changes in demand and quantity demanded with mostly accurate details and evidence; explanation provides analysis with some evidence to support claims. | Presentation includes an explanation of Demand Theory including the factors that cause changes in demand and quantity demanded with quality details and factual evidence; explanation is insightful with relevant evidence to support claims. Demonstrates an exceptional understanding of topic. |
| 10.0 % 3. Explain supply Theory. Discuss factors that cause changes in supply and quantity supplied. | Presentation does not include an explanation of Supply Theory or the factors that cause changes in supply and quantity supplied. | Presentation includes an explanation of Supply Theory or the factors that cause changes in supply and quantity supplied. Key elements are skimmed over and explanations are lacking depth of any kind. | Presentation includes an explanation of Supply Theory or the factors that cause changes in supply and quantity supplied with some level of depth but lacks some evidence to support claims. Demonstrates a basic understanding of the topic. | Presentation includes an explanation of Supply Theory or the factors that cause changes in supply and quantity supplied with mostly accurate details and evidence; explanation provides analysis with some evidence to support claims. | Presentation includes an explanation of Supply Theory or the factors that cause changes in supply and quantity supplied with quality details and factual evidence; explanation is insightful with relevant evidence to support claims. Demonstrates an exceptional understanding of topic. |
| 10.0 % 4. How do changes in supply and demand affect market price and quantity? | Presentation does not include an explanation of how changes in supply and demand affect market price and quantity. | Presentation includes an explanation of how changes in supply and demand affect market price and quantity. Key elements are skimmed over and explanations are lacking depth of any kind. | Presentation includes an explanation of how changes in supply and demand affect market price and quantity with some level of depth but lacks some evidence to support claims. Demonstrates a basic understanding of the topic. | Presentation includes an explanation of how changes in supply and demand affect market price and quantity with mostly accurate details and evidence; explanation provides analysis with some evidence to support claims. | Presentation includes an explanation of how changes in supply and demand affect market price and quantity with quality details and factual evidence; explanation is insightful with relevant evidence to support claims. Demonstrates an exceptional understanding of topic. |
| 10.0 % 5. Explain the implications of tax on both supply and demand. | Presentation does not explain the implications of tax on both supply and demand. | Presentation explains the implications of tax on both supply and demand. Key elements are skimmed over and explanations are lacking depth of any kind. | Presentation explains the implications of tax on both supply and demand with some level of depth but lacks some evidence to support claims. Demonstrates a basic understanding of the topic. | Presentation explains the implications of tax on both supply and demand with mostly accurate details and evidence; explanation provides analysis with some evidence to support claims. | Presentation explains the implications of tax on both supply and demand with quality details and factual evidence; explanation is insightful with relevant evidence to support claims. Demonstrates an exceptional understanding of topic. |
| 10.0 % 6. Discuss the black market and government's response. How do the laws create higher risks for suppliers? Explain. | Presentation does not include a discussion of government's response to the black market nor does it explain how the laws create higher risks for suppliers. | Presentation discusses government's response to the black market including an explanation of how the laws create higher risks for suppliers. Key elements are skimmed over and explanations are lacking depth of any kind. | Presentation discusses government's response to the black market including an explanation of how the laws create higher risks for suppliers with some level of depth but lacks some evidence to support claims. Demonstrates a basic understanding of the topic. | Presentation discusses government's response to the black market including an explanation of how the laws create higher risks for suppliers with mostly accurate details and evidence; explanation provides analysis with some evidence to support claims. | Presentation discusses government's response to the black market including an explanation of how the laws create higher risks for suppliers with quality details and factual evidence; explanation is insightful with relevant evidence to support claims. Demonstrates an exceptional understanding of topic. |
| 10.0 % Utilize the GCU Library to locate three to five relevant, scholarly sources in support of the content. | No outside sources are cited. | Some sources may be cited but they are not scholarly and/or relevant. | At least three relevant, scholarly sources are cited in a loosely connected, vague way. | At least three relevant, scholarly sources are cited in a well-connected way and elaborated on. | At least three relevant, scholarly sources are cited and are flawlessly integrated into the essay to support the claims made therein. |
| 20.0 %Organization and Format | |||||
| 5.0 % Layout | The layout is cluttered, confusing, and does not use spacing, headings, and subheadings to enhance the readability. The text is extremely difficult to read with long blocks of text, small point size for fonts, and inappropriate contrasting colors. Poor use of headings, subheadings, indentations, or bold formatting is evident. | The layout shows some structure, but appears cluttered and busy or distracting with large gaps of white space or a distracting background. Overall readability is difficult due to lengthy paragraphs, too many different fonts, dark or busy background, overuses of bold, or lack of appropriate indentations of text. | The layout uses horizontal and vertical white space appropriately. Sometimes the fonts are easy to read, but in a few places the use of fonts, italics, bold, long paragraphs, color, or busy background detracts and does not enhance readability. Includes graphs, charts and other visuals, as well as slide notes containing explanations and rationale | The layout background and text complement each other and enable the content to be easily read. The fonts are easy to read and point size varies appropriately for headings and text. Includes graphs, charts and other visuals, as well as slide notes containing explanations and rationale. | The layout is visually pleasing and contributes to the overall message with appropriate use of headings, subheadings, and white space. Text is appropriate in length for the target audience and to the point. The background and colors enhance the readability of the text. Includes graphs, charts and other visuals, as well as slide notes containing explanations and rationale. |
| 5.0 % Language Use and Audience Awareness (includes sentence construction, word choice, etc.) | Inappropriate word choice and lack of variety in language use are evident. Writer appears to be unaware of audience. Use of primer prose indicates writer either does not apply figures of speech or uses them inappropriately. | Some distracting inconsistencies in language choice (register) and/or word choice are present. The writer exhibits some lack of control in using figures of speech appropriately. | Language is appropriate to the targeted audience for the most part. | The writer is clearly aware of audience, uses a variety of appropriate vocabulary for the targeted audience, and uses figures of speech to communicate clearly. | The writer uses a variety of sentence constructions, figures of speech, and word choice in distinctive and creative ways that are appropriate to purpose, discipline, and scope. |
| 5.0 % Mechanics of Writing (includes spelling, punctuation, grammar, language use) | Slide errors are pervasive enough that they impede communication of meaning. | Frequent and repetitive mechanical errors distract the reader. | Some mechanical errors or typos are present, but are not overly distracting to the reader. | Slides are largely free of mechanical errors, although a few may be present. | Writer is clearly in control of standard, written academic English. |
| 5.0 % Evaluating and Documenting Sources (in-text citations for paraphrasing and direct quotes, references page listing and formatting, as appropriate to assignment and style) | Contains no title slide, no references section, and no correctly cited references within the body of the presentation. | Title slide is incomplete or inaccurate. References section includes sources, but many citation errors. Citations are included within the body of the presentation but with many errors. | Title slide has minor errors. References section includes sources, but they are not consistently cited correctly. Citations are included within the body of the presentation but with some errors. | Title slide is complete. References section includes correctly cited sources with minimal errors. Correct citations are included within the body of the presentation. | Title slide is complete. References section includes correctly cited sources. Correct citations are included within the body of the presentation. |
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Rating:
/5
Solution: Choose an economist discussed in Chapters 3-4 and explain that philosopher’s market theory