You are required to write a 23-25 page research paper on the topic proposed by you and approved by the economics faculty. (I originally chose the impact of AI on the healthcare industry, and the healthcare sector of the economy. If you could do that topic that would be great.But the choice is yours, don’t worry about the “approved by faculty” part) The paper should progress across the semester and support your development toward the economics major learning goals. In general you will be posing a question, developing relevant and important ‘sub-questions,’ and conducting a thorough review of the relevant and available economics literature to answer your question, thus demonstrating your ability to use existing research to draw conclusions to important questions. You are not required or expected to generate new theories or ideas for this undergraduate work. However, your paper should conclude with a section providing a recommendation to stakeholders or those whose decision making might benefit from your findings. This could include recommendations to policymakers, lawmakers, advocates, CEOs, etc. It is up to you to target a reasonable audience to whom you can provide guidance or actionable advice from your findings.
Required format is double-spaced, 12 point font, minimum 23 pages maximum, 25 pages (excluding title page and references). APA format is required
Learning Goals + Outcomes: At the completion of the Economics Major, students will:
1. Demonstrate critical thinking using economic analysis, quantitative reasoning, and problem-solving skills.
2. Communicate effectively: in written, oral and graphical formats, using concepts and analytical tools economics.
3. Have lifelong learning skills, including how to locate and use primary data, how to understand and evaluate current events and new ideas. (a) Apply economic analysis problem solving both for everyday economic/financial events and for specific issues/policies specific to certain content areas (or fields)
(b) Compare among arguments or proposed solutions to a specific issue or problem
(c) Understand how to use empirical evidence to evaluate an economic argument
(d) Interpret statistical results and recognize the role of assumptions in arguments
(e) Identify and obtain/collect relevant data and conduct appropriate analysis using qualitative and/or quantitative research methods
(f) Propose solutions for problems and be able to identify conditions that may limit the viability of those solutions. Be able to locate (L) and use (U) primary data sources (such as World Bank data, UN Human Development Index, U.S. Census)
(b) Understand and evaluate current economic events and new economic ideas.
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