Project Description:
Economic processes produce outputs through involving many people, and groups of people (some of them active agents in the process, and some of them external to it). The complexities and layers of relationships often produce ‘goods’ and ‘bads’ simultaneously. In this project, you’ll look at an economic process of your choosing, and focus on at least one ‘bad’ involved in that process, defined as something undesirable. You’ll then imagine how to overcome that bad.
You will write a 7-11 page paper (double spaced, 12 point font, standard margins), which first evaluates the economic and social aspects of ‘bad’ involved, and then proposes a new way of organizing that process which reduces or mitigates the ‘bad’.
Choose a topic to address in the paper. Before you begin researching the economic structures which affect your topic, remember you will be looking at, why are things the way they are and how could things be better.
