The extent to which the answer directly addresses the question being asked.
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Technical knowledge
Does the answer demonstrate good understanding of the relevant economic concepts and empirical evidence? Is there evidence of understanding of the implications of relevant models and their application to specific contexts?
MAKE SURE IT STAYS ON WHAT THE COURSE CONTENT IS.
Critical evaluation:
The answer displays critical evaluation. Different arguments are weighed up and traded off using insights from theory/ evidence.
Argue both sides but also pick one side and why.
Organisation and presentation:
Is the material clearly and logically presented? There is a logical structure to the answer and the paragraphs flow into each other. There are very few grammar and spelling mistakes. Any charts are clear and accurately labelled.
NOTES
Intro: this brief will explain why…
KEEP INTRO/CONCLUSION SHORT, we should know what your conclusion is before you say it
Label graphs, data etc
Diagram must be tailored to question, make sure axis’ also correlate.
Use university marking criteria, check discussion board.
Question 2
1.Negative externality in consumption, assume perfect competition give Theory of tax.
It is a negative externality as people are overconsuming sugar (relate it to question instead of giving basic definition).
2.Design and implementation of tax (look in readings)
Go through your design and justify it.
Ways firms and consumers will react to different designs/implementations.
3.If there were pre-existing market influences, how would this affect the size of the tax.
Keep it mostly in your own words. Use empirical evidence maybe to illustrate argument.
1000 words, the readings and guide are in the attached document
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