Paper Tips Reminders and Things to Avoid What

Paper Tips Reminders and Things to Avoid

What to Turn In Cover sheet with your name. Your article analysis that begins on the first line of the next page. That means no titles or extra lines. Link to the article. Graph appendix. Neatly hand-drawn is fine. Correct labels are important!

Formatting Double-spaced. 12 point font, Arial or Times New Roman. 1” margins top and bottom. 1. 25” left and right margins. Aligned to the left margin. No extra lines between paragraphs. If you need help with formatting, just ask.

What is wrong here #1? What is wrong with this sentence? “The price of oil effects the supply of gasoline. ” Or this one? “The affect of rising gasoline prices is a decrease in quantity demanded. ”

Affect and Effect Affect is always used as a verb. One thing affects another thing. Effect is nearly always used as a noun. Something happens and it has an effect. Correct versions “The price of crude oil affects the supply of gasoline. ” “The effect of rising gasoline prices is a decrease in quantity demanded. ”

What is wrong here #2? “Higher prices result in less gallons of gas demanded. ” “There is fewer supply after a tax was imposed on the product. ”

Less vs. Fewer is used with “count” nouns. If the noun can be counted, use fewer. “Higher prices result in fewer gallons of gas demanded. ” Less is used with “mass” nouns. “There is less supply after a tax was imposed on the product. ” “A well-written paper produces less anxiety and stress for the writer, and also for the reader. ”

What is wrong here #3? “the supply for apples is falling” “the demand of the lobsters was rising”

Supply Of, Demand For “the supply of apples is falling” “the demand for the lobsters was rising” The demand of the lobsters would only be correct if the lobsters were actually making demands. As in, “The demands of the lobsters included more humane treatment while in captivity. Specific demands include Direct. TV, cold beer and claw massage. ”

What is wrong #4? “When the price of electricity fell, demand for electricity increased. ” “The supply of beans increased, and this caused the price to fall and demand to increase. ”

Demand vs. Qd and Supply vs. Qs Remember a demand decrease/increase is a shift in the entire curve. “When the price of electricity fell, the quantity of electricity demanded increased. ” When one curve shifts, this does not cause the other curve to shift. “The supply of beans increased, and this caused the price to fall and quantity of beans demanded to increase. ”

What is wrong #5? “Chips and salsa are complimentary goods. ” In an economic sense, we usually discuss two things used together or consumed together as complements. Chips and salsa are complements, sometimes so are labor and capital. "Hey, I like your shoes!" or "Have you been working out? " are compliments.

Don’t ask rhetorical questions, just make analytical statements “Why did the demand for lobster fall? ” This isn’t like a paper in other classes where you are asked to develop a thesis and justify it. Stick to analysis. “The demand for lobster fell because a recession causes income to drop…”

Avoid the skyrocket or other clichés “The price of gasoline skyrocketed…” It’s important to remember that the only thing that skyrockets is a rocket. “Only time will tell if gasoline prices…” And the worst is some version of: “Will gasoline prices fall? Only time will tell. ”

Best Way to Earn a D, or worse Do nothing but simply summarize the article with no microeconomic analysis. Remember I will have a link to your article and I have been reading for many years so an extensive summary is unnecessary. Fail to include a neatly drawn graph that correctly uses supply and demand to show an event from the article. Submit a paper that is poorly written and full of misspelled or misused words. Submit a paper that ignores formatting criteria.

Best Way to Earn an A Briefly summarize the article, but spend most of the paper providing sharp microeconomic supply and demand analysis of the events in the article. Include a neatly drawn graph that clearly and accurately shows the supply and demand analysis described in the paper. Submit a well-written paper mostly free of misspelled or misused words. Submit a paper that follows the formatting criteria.

Questions?