GINETTES Micro Ec1101 workshop Writing Explanations

GINETTES Micro Ec1101 workshop Writing Explanations -...

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WRITING EXPLANATIONS  Micro Economics 1101 
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GINETTE FARCELL TEACHING and LEARNING ADVISOR EDUCATIONAL DEVELOPMENT UNIT AUSTRALIAN SCHOOL OF BUSINESS UNIVERSITY OF NEW SOUTH WALES CONTACT ROOM GO8 ASB   edu@unsw.edu.au 93857577 g.farcell@unsw.edu.au CONTACT DETAILS
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  OVERVIEW OF TODAY’S SHORT  LECTURE The assessment task: write a short  explanation  Sample student texts – ones that  work and ones that don’t  A model explanation – why it works  features of effective explanations A closer look at each feature
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ASSESSMENT TASK write  an explanation of an economic  concept or principle in response to a  question.  The explanation should be one to two  paragraphs of 500 to 750 words in  length.  The text needs to be appropriately  structured, clearly and grammatically  expressed.
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ASSESSMENT CRITERIA 1. Accuracy of information and  relevance to question 2. Logical development of the  answer – paragraphs; structure;  relations between sentences  3. Clarity expression, grammar,  spelling
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EXPLANATION TEXT-TYPES   The question:   What is meant  by the  term ”elasticity of demand?”     What are the major  determinants of price  elasticity of demand?    Explain the  effect  each  has on the estimated  value of elasticity.   Define  what X is.   X = Y      Explain a  process what  happens,  why  it  happens e.g., what  causes  X       What is  effect  on X  
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SAMPLE EXPLANATION 1:  FIRST, THE QUESTION Consider  an industry  whose production process  releases chemical into a large river in a heavily  populated area … Explain  the  Coase Theorem Will  the  Coase   Theorem  be  applicable  in  this case ? Give  reasons   for your answer TOPIC FOCUS INSTRUCTIONS
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THE RESPONSE   Coase theorem is  whereby  the cost of  producing a product  are  high  there  may not be an  efficient outcome  achieved  due to the presence of an  externality t he Coase theorem  will be  applicable in  this case but it will not affect the  industry since the population has not  complained about the externality  been   the chemicals released into the river.  (cont)
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Reasons why    Coase theorem is  applicable is that there is an  externality  be it 
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GINETTES Micro Ec1101 workshop Writing Explanations -...

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