Guest Posted December 14, 2012 Report Share Posted December 14, 2012 My article is about the increase in the price of FOPs of turkeys, resulting in a shift upwards of the supply curve, while the quantity demanded remains constant. Can you please help me with the evaluation part of my commentary? What should I say?Thank You! Reply Link to post Share on other sites More sharing options...
dniviE Posted December 14, 2012 Report Share Posted December 14, 2012 How can I help you to find out what to say when I don't know what you have said in the commentary part itself?Anyways, for the evaluation you can use a method that is called CLASPP:(d.) — A clasp is something that holds things together. But (spelled with 2 P’s) it’s also an acronym for the 6 types of evaluation in IB Economics.Try to do all 6 parts.ConclusionsWhat can we conclude from the theory (that you’ve explained in your analysis)?Long-term and short-term effectsIs the change good in the short-term, but over in a few years it will have undesirable consequences?Will the policy be really hard on people in the short-run, but it fixes the long-term problem?Will this policy fix one problem, but create another?AssumptionsAre there some assumptions being made, that the theory depends on that may not hold true? This is the same as “ceteris paribus” –the assumption that all other things are being held equal, when in fact they might not stay constant. Explain what might change and how that would effect your analysis.Tell us the weaknesses in the theory?What is unrealistic about the theory?StakeholdersWhat effects would this policy (i.e. an indirect tax) have on the government, consumers, producers and the rest of society?Policies (i.e. price ceilings) are often made with particular stakeholders in mind, so are there undesirable effects on other parties (i.e. price increases for consumers)?Is the policy great for some groups, but bad for others?PrioritiesDiscussing the priorities of a society, or the government is also a good way to keep things in perspective. A policy like subsidizing schools is good for families, good for the long-term macro economy, but bad for tax payers who don’t have children, what are the priorities as a society?Is there an important normative (i.e. values aspect) that the theory doesn’t consider?Pros and ConsWhat are the advantages and disadvantages of this policy?What are the costs and the benefits of this policy?What are the arguments for and the arguments against this policy?This one is to double-check that you haven’t left anything out in the preceding ones. 1 Reply Link to post Share on other sites More sharing options...
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