1 / 6

HOW TO EVALUATE IN ECONOMICS?

HOW TO EVALUATE IN ECONOMICS?. APPLICATION TO ECONOMIC COMMENTARIES . Your Commentary & Evaluation. Your should allow at least 200 words for evaluation in your commentary. There are specific criteria which you must cover in order to effectively evaluate. .

gilead
Download Presentation

HOW TO EVALUATE IN ECONOMICS?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. HOW TO EVALUATE IN ECONOMICS? APPLICATION TO ECONOMIC COMMENTARIES

  2. Your Commentary & Evaluation • Your should allow at least 200 words for evaluation in your commentary. • There are specific criteria which you must cover in order to effectively evaluate.

  3. Criteria: 1 Advantages & Disadvantages • Identify advantages and disadvantages associated with the issue/proposal/law/topic. • Try to reach the point of effective decision making. Eg: Clearly the advantages outweigh the disadvantages because… Or this is the main advantage because… • Eg: The disadvantages are minor in respect to their economic impact, while the advantages will have a more significant financial benefit for all parties.

  4. Criteria: 2 Prioritize the Arguments for Controversial Issues • You should identify the weakest & strongest argument for and against a specific topic. • Eg: The weakest argument for protection may be nationalism while the strongest argument might be the infant industry or employment argument.

  5. Criteria 3: Short / Long Term Perspective • Eg: In the short term the possible consequences could be… • Eg: In the long term the possible ramifications could be…

  6. Criteria 4: The Perspective of Different Stakeholders • Eg: The Union Movement & The Democrats would clearly support this proposal, but the Republicans and Business groups may be opposed because…. • Remember stakeholders are any groups or individuals that have an interest/connection to the topic/issue/proposal.

More Related