1) Footnotes (or endnotes)
It is essential to reference all direct quotations and even when paraphrasing, the sources should be acknowledged. For citation, use the APA format. ***NOTE***: DO NOT Excessively use quotes.2) Bibliography
This should show all the reference materials you have selected to research on the topic such as books, academic journal articles, and news items. Reference materials should NOT be exclusively from news items. There should be at least three entries on the list, with at least one of them being a book other than the main reference books. Each entry should include the name(s) of the author (s)or organization(s), the title of the book or article, the year of the publication, and the publisher or the web address (URL) of the source.
Total of 6 or more sources, and all sources must be economic sources.3) Research: The paper should show basic understanding of some economic principles related to the market system and the economy. The behavior of individuals, businesses, or governments should be analyzed using economic ways of thinking, from both individual and social perspectives. The research should be approached from two aspects: qualitative and quantitative. With respect to qualitative analysis, there should be a critical discussion of the different behavior supported by examples. Policy implications should also be discussed whenever appropriate. Simple quantitative analysis using statistics, tables, graphs, or diagrams such as those found in the references will satisfy the quantitative requirement.Some good references that could be used:
McKenzie, Richard B., and Tullock, Gordon, The New World of Economics, 6th edition, New York: Springer, 2012. [MT]
Harford. Tim, The Logic of Life: The Rational Economics of An Irrational World, Toronto: Anchor Canada, 2009. [HA]
Levitt, Steven D. and Dubner, Stephen J., Super Freakonomics, Harper Collins, 2009. [LD]
Tommasi, Mariano and Ierulli, Kathryn, The New Economics of Human Behaviour, Cambridge University Press, 1995. [TI]
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