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Econ. Jan. 8

Published on Nov 21, 2015

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PRESENTATION OUTLINE

apa formatting

mr. melkonian
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why are citations important?

plagiarism - don't be a jerk

references page

rules
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reference page rules

  • centered on its own page - no bold or underline
  • double space all entries
  • if a single reference is longer than one line, other lines are indented
  • authors' names are flipped around.  Last name, initials, "Swift, T."
  • All citations are in alphabetical order by last name of author.

To reference a book....
Author's Last name, First initial. (year). Title. Editor's first initial. Last Name, (Ed.). City, State of Publication: Press

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Chapter of a book....
Author Last, First Initial (Year). Chapter title. In Editor's first Initial. Last Name (Ed.), Book title. (start page-end page). City, State of publication: Press

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Website...
Authors Last name, first initial. (Year, Month Day Last Updated). Title of document. Retrieved on Today's Date from http:// web address

Academic journal

your new best friend!

Tips

  • write your paper... then find the citation sources
  • google scholar is great
  • wikipedia is bad... but maybe you can look at some of their citations
  • write clear and concise. If you use thesaurus baby kittens die
  • if you finish a paper early, I can take a look at it

Production issues

who to rely on? government? market? options?
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adam smith again...

he would be worried about how our current economy runs

businesses are tempted to collude

which makes sense if you think about it...
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capital-intensive production can be more efficient

but more oligopolists emerge
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as number of competitors drop

likelihood of conspiracy to raise price is more easily achieved

benefits of an efficient production

more likely to make higher profits than better deals for consumers
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if there's less competition

no pressure to keep prices down - we're unhappy
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mergers

a company makes whack loads of money, buys out a competitor

some canadian banks wanted to merge in the 90s

government wasn't convinced

they were worried they couldn't compete against global banks

reduced competition, not in the interest of public

third party costs

profit seeking firms want to reduce costs to a minimum

social/third party costs

pollution
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public-private balance

government involved in producing goods/services
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provider of essential services

education and health care

they got a little too excited though...

we were in massive debt
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made huge cuts to our public services

delicate balance though... who stands to gain from the cuts?
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regulation is very important

making sound decisions on what is a legit move should be top priority