For Module 6, you will be completing a project. Please read the lessons first and then fill out the charts. When you reach a Stop Sign on the file, save your work and submit your file for a grade if needed.

Part One: Choose and economic issue that is important to your community

Potential Economic Policy Topics

·  Water scarcity

·  Sustainable development

·  Climate change

·  Animal overpopulation

·  Air pollution

·  Energy conservation

·  Water pollution

·  Resource stripping

·  Sanitation

·  Erosion

·  Hazardous waste

·  Transportation

·  Chemical safety

·  Malnutrition

·  Biodiversity

·  Deforestation

·  Population/food supply

·  Noise pollution

6.01 Research Chart
Subject / Guiding Questions / Your Responses
Define the situation or problem from above.
______/ 1.  Take the issue you have chosen and explain how it affects your community.
2.  What do members of your family and community say about the issue?
Subject / Guiding Questions / Your Responses
Construct a circular-flow diagram that incorporates effects of your chosen issue on economic products and various sectors of the economy. / 1.  How does this issue affect households and local residents?
2.  How does this issue affect area businesses?
3.  How does this issue affect our government at the local, state, and national levels? / Local –
State –
National –
4.  How does this issue affect the rest of the world?
5.  How does the issue affect resources, goods and services, and finances? / Resources –
Goods and Services –
Finances
Circular Flow Diagram Available as a Separate Document – Save this Document as 601research and attach both this and the Circular Flow Diagram to 6.01 in your assessments.

This next section is for the 6.02 Research Chart.

6.02 Research Chart
Subject / Guiding Questions / Your Response
Identify the important criteria to evaluate possible solutions. / 1.  What are the necessary conditions for any possible solution to work?
2.  Are there budget or labor concerns?
3.  Does the public need to be aware of and support the solution?
4.  What challenges are there to implementing each solution?
5.  How else might you judge possible solutions against each other?
6.  What do your parents say about the issue?
7.  Should possible externalities factor into the chosen solution?
You will not need to submit this chart, but you will need use this information in the final part of the project.

This next section is for the 6.03 Research Chart.

6.03 Research Chart
Subject / Guiding Questions / Your Responses
Consider all possible solutions or alternatives. / 1.  Give 3 possible solutions to the economic issue you are investigating. / 1.
2.
3.
2.  Why would some people oppose the solutions you have chosen? (Answer for each solution) / 1.
2.
3.
Calculate the consequences of these solutions—both intended and unintended at all levels of the economy. / 1.  What positive or negative externalities does this issue present at each sector of the economy? Refer to your circular-flow diagram.
Be sure you look at the positive and negative for EACH of your solutions from above. / Households –
Positive –
1.
2.
3.
Negative –
1.
2.
3.
Businesses –
Positive –
1.
2.
3.
Negative –
1.
2.
3.
Government –
Positive –
1.
2.
3.
Negative –
1.
2.
3.
Rest of the world –
Positive –
1.
2.
3.
Negative
1.
2.
3.
2.  What incentives do individuals, businesses, and government have to act on each possible solution?
Be sure to look at each solution for each incentive. / Individuals –
1.
2.
3.
Businesses –
1.
2.
3.
Government –
1.
2.
3.
3.  What are the externalities, both positive and negative that could result from each possible solution? / Positive –
1.
2.
3.
Negative –
1.
2.
3.
Save the file as 603research and submit to assessment 6.03

6.04 Picture Collection Activity

Use this page to keep your pictures. Copy and paste from the internet or from your own collection of pictures. Be sure to keep a record of where you found your pictures for the citations list.

This next section is for your 6.05 Research Project assessment.

6.05
Subject / Guiding Questions / Your Responses
Analyze and Choose / How does each possible solution for your chosen issue meet or fail to meet each of your criteria?
Refer back to your chart for 6.02 and the criteria for conditions, budget/labor concerns, public support, your parents ideas, how do they compare to each other, and externalities. / Solution 1 –
Solution 2 –
Solution 3 -
Based on your research, which is the best solution to turn into action? Explain why you made this choice over the other possible solutions. Refer back to the criteria and the externalities.

Now it is time to create your presentation. You should create a presentation that includes ALL of your research. Your introduction should come from your research in 6.01. The “meat” of your presentation will come from you findings in 6.02, 6.03, and 6.04. Your conclusion will come from your findings in 6.05.

Your presentation can be anything including a slide show, video, website, speech, essay with charts, skit, or blog. Just be sure that EVERYTHING is included and that you do not simply list your research charts. They should be incorporated into your presentation – not just copied and pasted.

You can also use this template to create your presentation.

Good luck.