The Impact of COVID 19 Pandemic on US Economy Research task

The Impact of COVID 19 Pandemic on US Economy Research

Order ID	53563633773
Type	Essay
Writer Level	Masters
Style	APA
Sources/References	4
Perfect Number of Pages to Order	5-10 Pages

Description/Paper Instructions

 

(1) You can title your paper: “The Impact of the COVID-19 Pandemic on the U.S. Economy”

(2) I think that you should focus on the economic impact of the pandemic rather than on the U.S. national debt, credit ratings, and stock market dynamics.

You can, e.g., use the following structure:

(a) supply-side shocks (disruptions in the supply chain)

(b) aggregate demand shocks (some industries more affected than others)

(c) impact on the labor market (unemployment, work-at-home arrangements, etc.)

(d) monetary and fiscal policy responses, short-term and potential long term effects (here you can mention the increase in the U.S national debt, the potential “overheating” of the economy, assets bubbles, uncertainty about inflation, and so on)

(3) Expand your introduction and make it more effective. Add some numbers (e.g., number of deaths, the actual drop in U.S. GDP, the rise in unemployment, or something along these lines), not forgetting to indicate the source. Briefly describe the main points of your paper.

To give you an idea, your introduction should be about one page long.

(4) Update your work, including your data (it is currently April 2021 and some of the events that you describe as pending or current have already happened, e.g.:

“This funding is expected to provide citizen relief funds of $1,200 per person.” This has already happened.

“good news from Europe” unfortunately, not the case in 2021.

(5) Your paper will benefit if you include some graphs (e.g., GDP and/or unemployment dynamics, impact by sector, etc.)

(6) I think you need more references. You can look at:

NBER working papers

http://www2.nber.org/wp_covid19.html

IZA working papers (labor markets; a bit more global coverage)

https://covid-19.iza.org/publications/

CEPR

https://cepr.org/content/covid-economics-vetted-and-real-time-papers-0

Regarding the fiscal and monetary policy responses, you can find a detailed summary here (search for United States of America):

https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19

There are many other sources, of course.

(7) I would drop “its worst hit so far”. The Great Depression was worse. You can, e.g., say “the worst hit since the Great Depression”

(8) What do you mean by the following? This is your essay, so what is the reason for the in-text citation in the end?

“This essay will examine the negative effects the COVID-19 pandemic has had on the nation’s local and foreign economic positions. (Nicola et al.,2020)”

(9) The conclusion should not repeat your introductory section. You can, e.g., use it to speculate (in an academic manner) about the long-term costs of the pandemic (and/or the lockdowns, and/or the fiscal and monetary policy response); you can even mention the potential impact on inequality, productivity (online learning may not be so great for children), etc

 

RUBRIC QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points:  Student failed to submit the final paper. 20 points out of 50:  The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50:  The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately.  Elements of the required response may also be lacking. 40 points out of 50:  The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples.  The answer is complete. 50 points:  The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples.  No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points:  Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points:  Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points:  References to scholarly sources are occasionally given; many statements seem unsubstantiated.  Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points:  Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented.  APA 6th Edition is used with only a few minor errors.  There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points:  Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented.  APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points:  Student failed to submit the final paper. 5 points out of 20:  The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors  10 points out 20:  The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20:  The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points:  The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points:  Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements.  The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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