DUE 6pm.3.5 pages

Podcast:

How Spotify Saved the Music Industry (Links to an external site.)

Paper Outline

Introduction: The introduction (first paragraph) briefly summarizes what you consider to be the main point(s) of the article. If there are many, focus on the one(s) that you will analyze in the assignment.

Summary: A short summary of the article should be included. This summary should capture the key points presented in the article and any important facts or elements. Do not spend the whole assignment summarizing the entire article. Summaries should be succinct and to the point and be approximately one paragraph.

Analysis: Your analysis should use economic concepts you have learned in class. In other words, the analysis should focus on how topics covered in class are applicable/relevant to the real world. Be sure to demonstrate your analysis using graphs and/or models learned in class. Be careful to address the appropriate audience. Remember; narrow your focus so that your analysis can be more in-depth. That is much more important than hitting every point made in the article.

Critical Evaluation: This is the most important aspect of this assignment.

Students should focus on whether they agree with what is stated in the article or what their recommendations may be. Students can also analyze how the material in the article will impact the economy in a macro setting. The analysis portion has the potential to be varied in nature. However, I recommend sticking to my guidelines below:

• To evaluate an article you need first to understand the author’s arguments. Start by identifying the assumptions inherent in the argument, checking to see if the conclusions follow from these assumptions. Try to distinguish the argument from the evidence provided to support the argument
• To do a critical evaluation, essentially you should take apart the various steps in the argument and see if they make sense separately and as a whole. Can you use the tools learned in class to think about the argument in another way? Check to see if the author is missing anything in his/her argument or has used some tool or method incorrectly or inappropriately. Is there evidence that contradicts their argument?
• I expect you to use at least 1 economic model we have learned in class. (ie, Supply/Demand, Cost curves, Market structures – Perfect Competition, monopoly, monopolistic competition, etc- utility, etc).

Conclusion: It is important to have a strong conclusion since this is the last chance you have to make an impression on your reader. The goal of your conclusion isn’t to introduce any new ideas, but to sum up, everything you’ve written. Specifically, your conclusion should accomplish three major goals:

1. Restate the main idea of your essay, or your thesis statement.
2. Summarize the main sub-points of your essay.
3. Leave the reader with an interesting final impression.

Works Cited: Works cited completed using MLA format. Must cite at least 3 sources. Class notes/lectures can account for one source. The textbook can account for one source.

How to format your assignment

• Your assignment should be typed, double-spaced, and have a font size of 12 points.
• The length of the assignment is not long, 3-4 pages.
• The assignment should be in Word.

I will attach the rubic as well

CriteriaRatingsPts

This criterion is linked to a Learning OutcomeIntroduction

5.0 pts

Excellent

Grabs readers’ attention. Sets up the thesis statement. It gives an accurate and concise representation of the main arguments.

4.0 pts

Good

The thesis statement not attempted or hard to identify. It gives an accurate and concise representation of the main arguments.

3.0 pts

Competent

No thesis statement. Gives mostly accurate representation of main arguments.

2.0 pts

Problematic

No thesis statement. Gives mostly inaccurate representation of main arguments. Too long and includes many arguments not addressed in the analysis.

5.0 pts

This criterion is linked to a Learning OutcomeSummary

5.0 pts

Excellent

The summary begins with a clear topic sentence that states the main idea of the selection. Title and author of text are included if appropriate. All the important details are included. Details are in a logical order. Demonstrates a clear understanding of information in the podcast. Paraphrases information using own words.

4.0 pts

Good

The summary begins with a topic sentence that states the main idea of the selection. Title and author of text are included if appropriate. Important details are included but some might be missing. Ideas are in a logical order. Demonstrates an adequate understanding of information in the podcast. Paraphrases information using own words, as well as phrases and sentences from the text.

3.0 pts

Competent

The topic sentence may not state the main idea clearly or the main idea may not appear at the beginning of the summary. The title or author may not be included. Some critical information is missing. Ideas are in random order and not logical. Demonstrates a basic understanding of the information on the podcast.

2.0 pts

Problematic

The summary does not state the main idea of the original selection. Title and author are not included. It contains only some details. Ideas are not in a logical order. Demonstrates little or no understanding of information in the text. Substantial copying of indiscriminately selected phrases or sentences.

5.0 pts

This criterion is linked to a Learning OutcomeAnalysis

15.0 pts

Excellent

Paragraphs well organized by thought and flow logically. Smooth transition between ideas. Clear and easy to read sentences. No unnecessary repetitions. Economic terms and concepts clearly explained. Sources are referenced and cited correctly.

10.0 pts

Good

Paragraphs not always organized by thoughts but flow mostly logical. Mostly smooth transition between ideas. Some long, confusing sentences. Some minor unnecessary repetitions. Some economic terms and concepts used without a clear explanation. Sources are referenced and cited correctly.

5.0 pts

Competent

Paragraphs organization and flow need work. Some sentence/word problems make it difficult to understand the reasoning. Economic terms used frequently without attempt to explain them. Sources are mostly referenced and cited correctly. Lengthy quotations from article instead of concise summary if needed.

2.0 pts

Problematic

Significant sentence/word problems make it difficult to understand the reasoning. Not completely written in words and paragraphs (e.g., bullet points, equations, graphs). Sources are referenced and cited incorrectly.

15.0 pts

This criterion is linked to a Learning OutcomeCritical Evaluation

20.0 pts

Excellent

Demonstrates independent thinking and critical reasoning. Uses evidence to refute/support arguments. Is able to recognize the limitations of the tools and make a clear conclusion. Uses appropriately the tools studied in class (or in other courses) to perform a complete analysis. Makes sensible inferences. Uses more than 5 academic references.

15.0 pts

Good

Shows some critical reasoning but mostly paraphrases sources or class materials. Has trouble making a clear conclusion and highlighting its strengths and weaknesses. Uses the tools studied in class (or in other courses) to perform the analysis but some elements may be missing. Uses between 4 and 5 academic references.

10.0 pts

Competent

Presents the evidence but with little analysis. and/or Interpretation of reviewed sources confusing or contradictory. Uses class tools with significant conceptual errors or does not show clearly that has identified and understood the reviewed sources’ arguments. Uses tools studied in class (or in other courses), but important elements are missing and/or incorrect. Uses 2 academic references

5.0 pts

Problematic

No critical reasoning, incomplete or incoherent analysis. Does not use appropriate tools for the analysis. Uses less than 2 academic reference

20.0 pts

This criterion is linked to a Learning OutcomeConclusion

5.0 pts

Excellent

Briefly summarizes the analysis accurately. Indicates that the initial thesis statement has been demonstrated.

4.0 pts

Good

Attempts to summarize the analysis. Some indications that the initial thesis statement has been demonstrated.

3.0 pts

Competent

None to minimal attempt to summarize the analysis. Too long and focusing on issues not discussed in the analysis.

2.0 pts

Problematic

None to minimal attempt to summarize the analysis. Too long and focusing on issues not discussed in the analysis.