Module 1: Preliminary Assignment Instructions 10 Points

Overview

Complete the following Preliminary Assignment for this module by the stated due date on the Schedule. Please submit in theModule 1 Preliminary Assignment folderas a .doc, .docx, .pdf or .rtf file.

Instructions

Complete the following questions in the form of short essays.

In a paragraph, distinguish between positive statements and normative statements in economics. (3 points)

Categorize each of the following statements as being the result of either positive economic analysis or normative economic analysis: (4 points)

The government should provide free childcare to increase gender equity in the labor market.

An increase in the capital gains tax rate reduces the total amount of business investment in the economy.

An increase in unemployment insurance will increase the length of time that laid-off workers remain unemployed.

Large businesses should focus more on corporate social responsibility and pay more attention to their environmental impact.

Peruse the topics we will be covering in the course. Provide one issue pertaining to a topic area for the course that you feel would be interesting to discuss as a class group in our Threaded Discussions. We can then try and include these questions within our topics when possible. (3 points)