Description
This assignment is based on the week four reading, Chapter 19 in Meyer’s Everything Economic Book, and on a summary of an article by Richard E. Rice called “Biodiversity Conservation, Economic Growth and Sustainable Development.” As the assignment directions explain, you may also use and cite additional materials.Use the two attached Word documents to get started. Please download them and read them both carefully.
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Assignment Directions for ECON 103: The Benefits and Costs of Economic Growth
Purpose:
Your case study paper is due at the end of Week 7. The purpose of the assignment is to apply
your knowledge of the costs and benefits of economic growth. This assignment is based on
Chapter 19 in Meyer’s Everything Economic Book and on supplementary readings.
Description:
During Week 4, we studied concepts related to the sources of economic growth. This growth
benefits society by advancing our well-being and improving our standard of living. At the same
time growth has some very significant social and environmental costs. The paper assignment
for this course asks you to define and explain the sources of economic growth and to develop a
proposal for an economic policy that would encourage and promote each source of growth.
The assignment also asks that you provide examples of some of the costs of economic growth
and polices to help reduce those costs. First, review Chapter 19 and the fellow file attached file:
Cons Econ Growth & Sust Dev_Smry.docx
You may read other articles as well and include them in your bibliography.
Using these resources:
1. Define the sources of economic growth and give an example of each of the sources of
growth.
2. Propose one policy for each source of growth that could enhance or strengthen that
source.
3. What are some of the downsides of economic growth? Give an example of a policy that
would help to reduce the negative impacts of growth.
4. Finally, at the conclusion of your paper please include a brief statement reflecting on
what you feel you have learned from the assignment and how that learning may be
applied to your life or work going forward.
Project Specifications:
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Must be a total of 800 to 1200 words
Your case study is due at the end of Week 7
Include a bibliography with at least two references, presented in APA format
Check your paper for spelling and grammar prior to submission
This paper must be written in your own words
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