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(Solved) Apply the economics you are learning to a real world market. Fulfill the University's mandated writing requirement for ECON 200. Due Dates Please...



- 5 Factors within the US that affect the supply of oil
-5 Factors outside of the US that affect the supply of oil
-5 Factors within the US that affect the demand for oil
-5 Factors outside of the US that affect the demand for oil
-A prediction of what the price of oil will be on April 17 that is based on the factors that you identified
as affecting the supply and demand of oil throughout the world.

-10 WSJ cites

NO plagiarism. I WILL TIP. It's a easy essay, but I'm getting ready for deployment and I haven't really been in class. It has to be done ASAP with no plagiarism. 

Basic Economic Issues Forecast Paper
Learning Objectives
This assignment will allow you to: Apply the economics you are learning to a real world market. Fulfill the University’s mandated writing requirement for ECON 200. Due Dates
Please submit the following deliverables by the dates listed below. Due times are 11:59 PM (AZ time). Forecast Paper: March 30th Optional Revised Forecast Paper (optional, but highly recommended): April 20th Assignment Overview
Your success in the prediction market game is based on your ability to predict future crude oil prices, especially
the price on April 17th. Your forecast paper is a 3 to 4 page, 1000 to 1500 word paper, justifying your final trade
or forecast. The paper should be double spaced with one-inch margins. You are required to cite the Wall Street
Journal (10 articles minimum). Some of the articles you cite may talk explicitly about the world oil market.
However, some of the articles must be about economic factors that you believe will influence the world price of
oil even though the price of oil is not explicitly discussed in the article. For example, when a large economy
slides into a recession, demand for oil and thus oil prices usually decrease. So, any article about the US or other
major economies slowing down may suggest a lower future price of oil, all else equal.
The economic content of the paper must consist of an analysis of: Factors within the US that affect the supply of oil Factors outside of the US that affect the supply of oil Factors within the US that affect the demand for oil Factors outside of the US that affect the demand for oil A prediction of what the price of oil will be on April 17th that is based on the factors that you identified
as affecting the supply and demand of oil throughout the world. Evaluation Criteria and Grading Rubric
Your paper will graded based on the following rubric:
Meets Standard
Contents Title Thesis
Statement Introduction Nearly Meets
Standard
55 points: Does Not Meet
Standard
45 points: No Evidence Writing is clear and
engaging;
economic analysis
is correct;
adequately
addresses both the
supply side and
demand side of the
market; has a US
and world
perspective; 1000
to 1500 words Writing is clear;
economic
analysis is
correct;
adequately
addresses both
the supply side
and demand
side of the
market; has a
US and world
perspective;
1000 to 1500
words Major economic
errors or lack of
economic
analysis; less than
1000 words or
more than 1500
words 5 points: 4 points: Writing is not
satisfactorily
clear; or economic
analysis contains
minor errors; or
does not
adequately
addresses both
the supply side
and demand side
of the market; or
does not have a
US and world
perspective; 1000
to 1500 words
3 points: Contains an
engaging title that
accurately conveys
the content of the
paper and
distinguishes it
from others
5 points: Contains a title
that accurately
conveys the
content of the
paper and
distinguishes it
from others
4 points: Contains a title No title 3 points: 0 points: Clearly states the
purpose of the
paper in a single,
engaging sentence Clearly states
the purpose of
the paper in a
single sentence. Weak, verbose, or
poorly formed
thesis 5 points: 4 points: States the
purpose of the
paper in a single
sentence that is
not very clear or
engaging.
3 points: Engaging; states
the main topic of
the paper;
previews the
structure of the
paper States the main
topic of the
paper; previews
the structure of
the paper States the main
topic of the paper Does not state the
main topic of the
paper 60 points: Copyright © Arizona Board of Regents Points 0 points: 0 points: 0 points: Page 2 of 4 Body 10 points: 8 points: 6 points: 0 points: Each paragraph
develops the main
idea of the paper
with supporting
details Some paragraphs
do not develop
the main idea of
the paper with
supporting details Each paragraph
does not develop
the main idea of
the paper with
supporting details Conclusion Each paragraph
develops the
main idea of the
paper with
thorough
supporting
details
5 points: 4 points: 3 points: 0 points: Engaging;
restates the
thesis
5 points: Restates the
thesis Missing 4 points: Does not
adequately
restate the thesis
3 points: No errors in
punctuation,
capitalization,
spelling, word
usage or
sentence
structure
5 points: Very few errors in
punctuation,
capitalization,
spelling, word
usage or sentence
structure Many errors in
punctuation,
capitalization,
spelling, word
usage or sentence
structure Train wreck 4 points: 3 points: 0 points: At least 10
citations from
the WSJ; All
citations are
done correctly
using APA format
100 points
possible At least 10
citations from the
WSJ; Most
citations are done
correctly using
APA format Less than 10
citations from the
WSJ; Very
inconsistent
format Citations and/or
bibliography
missing all
together Mechanics
and usage Citations and
Bibliography Total 0 points: Assignment Submission Instructions
Save your assignment as a (.docx or .pdf) file. If you are using any program that saves files automatically with a
different extension (other than .docx or .pdf), you must choose to save as file type Microsoft Word (.docx) or
Portable Format Format (.rtf), unless otherwise stated in your assignment guidelines, or the assignment will not
be accepted.
Include your own name in the title of the electronic file for identification purposes, for example
"SmytheMaryForecastPaper" and do NOT use any spaces, punctuation, or special characters in the file name.
After completing the assignment, submit it for grading using the assignment drop box as indicated below.
After completing the assignment, submit it for grading through the appropriate assignment drop box. Click on the assignment drop box title.
Under “Submissions,” drag and drop the file you intend to submit (or click on Upload and locate the file
on your computer).
Upon successful assignment submission, you will receive a confirmation email.
Copyright © Arizona Board of Regents Page 3 of 4 For further details on submitting assignments, please refer to the
http://help.d2l.arizona.edu/student/submitting-assignments web site.
Please note: If you make a mistake (such as leaving out part of the assignment, send the wrong files, etc.) and
the Assignment tool won’t let you submit, then you must contact the instructor and describe what happened. Grading Timeframe
This assignment will be graded after the Forecast Paper Peer Response and Feedback has been submitted (at the
end of Week 12) thus grades will be submitted in D2L by the middle of Week 13. Copyright © Arizona Board of Regents Page 4 of 4

 


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