Public Goods & Common Resources
For this assignment, you must use detailed statistical data, researched information and financial or economic concepts to support the arguments that you will present in your text.
Research an issue related to a Public Good or to a Common Resource which has negatively impacted the economy of a particular country or region of your choosing in the past or in the present.
You should include all of the following in your text, but can choose to incorporate more information so as to provide a more complete response:
Very briefly describe the Public Good or the Common Resource of your choice. You must use statistical data and factual information to address this question.
Briefly describe how that Public Good or that Common Resource negatively impacted the economy of the country or region that you chose.
You must integrate at least two economic concepts acquired in this class to explain how that Public Good or that Common Resource caused the issue which negatively impacted the country or region that you chose. You can use graphs or equations to relate the theory that you chose.
Use the knowledge acquired in this class to make a normative assessment and propose a policy recommendation that you believe would help to mitigate the adverse impact(s) of the Public Good or the Common Resource on the country or region that you chose. (This last question will account for a significant portion of your Discussion Forum grade)
You must integrate some economic theories learned in class and apply them to your analysis.
You must state your interpretation of the information that you provided and then justify your interpretation using several arguments that you will need to explain.
You must appropriately reference all of your sources using the APA or MLA guidelines.
Your initial discussion forum post must be of at least 450 words.