Following the debate, the floor is opened to comments or questions from the other members of the class. The instructor evaluates the groups' performance based on the consistency of their arguments with economic theory and the philosophical perspective assigned to the team. The third segment of the course involves writing an economic policy paper on a subject of the student's choice. Students are required to submit a draft to the instructor about three weeks prior to the end of the semester. The instructor uses a checklist to summarize strengths and weaknesses and provides written comments concerning directions for further development and improvement.
Final papers are due that last day of class and are presented orally to the class by each student.
The instructor grades the papers on the basis of clarity of the paper and its presentation, as well as the paper's consistency with economic theory and perspective it assumes. Private ownership of property 1. Government ownership of property 1. Societal ownership of property 2. Absolute truth 2.