ASSIGNMENT 04

C11E Macroeconomics

Directions: Be sure to save an electronic copy of your answer before submitting it to

Ashworth College for grading. Unless otherwise stated, answer in complete sentences,
and be sure to use correct English, spelling and grammar. Sources must be cited in APA
format. Your response should be four (4) double-spaced pages; refer to the "Assignment
Format" page located on the Course Home page for specific format requirements.

Part A

1. Describe three (3) ways we can use macroeconomic analysis, with one (1) original
example for each way.
2. You are running a small yard maintenance business for the summer. What do
you expect to happen to the number of yards you can maintain in a day as you
add workers if you don't purchase more capital equipment (like mowers and leaf
blowers)? Provide at least two (2) supporting facts to support your response.

Part B

1. Using the real business cycle theory, explain two (2) effects of an adverse
technological shock on the labor market and on the output market.
2. Suppose you were interested in increasing technological progress in your
country. Suggest two (2) ways to do this.

Grading Rubric

Please refer to the rubric on the next page for the grading criteria for this assignment.
CATEGORY Exemplary
Part A: 5 points
Macroeconomic Student provides a clear,
analysis - logical description of at least
description (5 3 ways that macroeconomic
points) analysis can be used.
Part A: 15 points
Macroeconomic Student provides at least 1
analysis - examples clear, logical example for
(15 points) each of the 3 ways
macroeconomic analysis can
be used.
Part A: Capital 15 points
equipment (15 Student provides a clear
points) logical description of what
will happen to the number of
yards he or she can maintain
in a day as he or she add
workers if he or she does not
purchase more capital
equipment, with at least 2
clear, logical supporting
facts.
Part B: Real 20 points
business cycle Student provides a clear,
theory (20 Points) logical description of at least
2 effects of an adverse
technological shock on the
labor market and on the
output market.
Part B: Increasing 15 points
technological
Student provides a clear,
progress (15 points)
logical description of at least
2 ways to increase
technological progress in his
or her country.
Mechanics (20 20 points
points) Student makes no errors in
grammar or spelling that
distract the reader from the
content.
Format (10 points) 10 points
The paper is written in
proper format. All sources
used for quotes and facts are
credible and cited correctly.
Satisfactory
4 points
Student provides a mostly
clear, logical description of 2- unclear description of 1-2
3 ways that macroeconomic ways that macroeconomic
analysis can be used.
12 points
Student provides at least 1
mostly clear, logical
example for 2-3 of the ways
macroeconomic analysis can
be used.
12 points
Student provides a mostly
clear logical description of
what will happen to the
number of yards he or she
can maintain in a day as he
or she add workers if he or
she does not purchase more
capital equipment, with 1-2
mostly clear, logical
supporting facts.
15 points
Student provides a mostly
clear, logical description of
1-2 effects of an adverse
technological shock on the
labor market and on the
output market.
12 points
Student provides a mostly
clear, logical description of 1- unclear description of 1-2
2 ways to increase
technological progress in his technological progress in
or her country.
15 points
Student makes 1-2 errors in
grammar or spelling that
distract the reader from the
content.
8 points
The paper is written in
proper format with only 1-2
errors. All sources used for
quotes and facts are credible
and most are cited correctly.
Unsatisfactory
3 points
Student provides a weak or
analysis can be used.
8 points
Student provides at least 1
weak or unclear example
for 1-2 of the ways
macroeconomic analysis can
be used.
8 points
Student provides a weak or
unclear description of what
will happen to the number
of yards he or she can
maintain in a day as he or
she add workers if he or she
does not purchase more
capital equipment, with 1-2
weak or unclear supporting
facts.
10 points
Student provides a weak or
unclear description of 1-2
effects of an adverse
technological shock on the
labor market and on the
output market.
8 points
Student provides a weak or
ways to increase
his or her country.
10 points
Student makes 3-4 errors in
grammar or spelling that
distract the reader from the
content.
5 points
The paper is written in
proper format with only 3-5
errors. Most sources used
for quotes and facts are
credible and cited correctly.
Unacceptable
2 points
Student provides a poor
description of 1 way that
macroeconomic analysis
can be used.
5 points
Student provides at least 1
poor example for 1 of the
ways macroeconomic
analysis can be used.
5 points
Student provides a poor
description of what will
happen to the number of
yards he or she can
maintain in a day as he or
she add workers if he or
she does not purchase
more capital equipment,
with 1-2 poor supporting
facts.
5 points
Student provides a poor
description of 1-2 effects
of an adverse
technological shock on the
labor market and on the
output market.
5 points
Student provides a poor
description of 1-2 ways to
increase technological
progress in his or her
country.
5 points
Student makes more than
4 errors in grammar or
spelling that distract the
reader from the content.
2 points
The paper is not written in
proper format. Many
sources used for quotes
and facts are less than
credible (suspect) and/or
are not cited correctly.