Formal instructions for The Economist summaries (i)
Written Article Summaries
due during Modules 4 and 5
Objectives of written summaries
- Expose student to current events at local, national, and international level
- Introduce student to economic reading materials.
- Allow student to think critically by analyzing current events in lieu of new economic concept theories learned in this course
- Develop the student’s written communication skills.
How to gain access to The Economist magazine (possibly for free)
Photo by: Nenad Stojkovic (Links to an external site.)
Secure your access to The Economist magazine
Pick one of the following three options to gain access to a current edition of The Economist magazine.
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- Visiting Sac. City College’s Library (Links to an external site.) (in person). Access is free. Current copies of The Economist magazine are maintained on the second floor of the library. Magazine copies can’t be checked out and must read the magazine at the library.
- Using your library account (Links to an external site.) at the Sacramento Public Library. Access is free. You will need to register for a library card (and pick it up in person). After opening up an account, you can access The Economist’s digital (Links to an external site.) and print versions for free by doing a general search in their library catalog.
- Subscribing to The Economist magazine (Links to an external site.). Select the 12-week (cheapest) subscription option. Cost is $25.00 for a 12-week digital subscription.
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You will need to write two (2) current event summaries and analyses throughout the semester. Each will be worth 50 points towards your final grade. After identifying one article in The Economist that relates to one or more aspect(s) of the class material, you will need to write a (2) two-page summary on that article. The article that you select to write upon CAN NOT be included in The World This Week section that appears on the first pages of each issue. Articles printed in any other section of the magazine will be accepted.
Specific points to include in your summary are:
- title of article, author name, and date of publication,
- what the thesis statement of the article is,
- what main points the author makes in support of the articles thesis statement,
- any supporting points/data the author includes to strengthen the articles thesis statement,
- a thorough description of the economic theory concept (class material) the article is related to, and
- how the economic theory concept you selected is directly related to the articles thesis statement.
Please note that many articles published within The Economist are published without naming an author. This is because the articles are written collaborative between several staff members and the magazine does not believe in naming only one author. If your article does not have an author named, please state “author unknown” in your summary analysis.
Summaries must be type-written, double-spaced using no larger than 12-point font and 1 margins on 8 X 11 paper. You may not use the same economic theory concept to analyze more than one of your articles. Furthermore, any student submission that exceeds two pages (with stated specifications) will lose points for not adhering to length requirement. The articles used for submission must be published after January 1, 2022. Additionally, a hyperlink to the actual article analyzed must also be included at the end of your analysis. Students who fail to include this hyperlink to their selected article will receive zero points for their work. All student work must be submitted in a current version of Microsoft Word. Files submitted via the course “assignments” page formatted in any other file format will not be graded.
In an effort to guide student work and ease the burden of grading for your instructor, all students summaries should also include the following two additional things.
- The thesis statement (as included in your written summary) must be highlighted.
- The student’s selected economic theory concept must be underlined.
Economic theory concepts which are appropriate for this assignment include (but are not limited to) the following.
- trade
- comparative advantage
- production possibilities curve
- economic models
- supply
- demand
- supply shifters
- demand shifters
- gross domestic product
- productivity
- unemployment/employment
- returns to labor, capital, and/or technology
- world poverty
- Keynesian Cross Model
- The Federal Reserve Bank
- inflation – can’t use inflation for #2
- economic growth
- globalization
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