Homework answers / question archive / COURSEWORK ASSIGNMENT (ASSESSED ESSAY) Academic Year 2021/22 Module Code: BS2250 Module Name: Intermediate Microeconomics Coursework Title: Essay In their study on the impact of healthy food vouchers, Griffiths, Von Hinke and Smith (2015) make the following statement: “We show that the way in which the vouchers affected spending was fully in line with the predictions of standard economic analysis

COURSEWORK ASSIGNMENT (ASSESSED ESSAY) Academic Year 2021/22 Module Code: BS2250 Module Name: Intermediate Microeconomics Coursework Title: Essay In their study on the impact of healthy food vouchers, Griffiths, Von Hinke and Smith (2015) make the following statement: “We show that the way in which the vouchers affected spending was fully in line with the predictions of standard economic analysis

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COURSEWORK ASSIGNMENT (ASSESSED ESSAY)

Academic Year 2021/22

Module Code: BS2250

Module Name: Intermediate Microeconomics

Coursework Title: Essay

In their study on the impact of healthy food vouchers, Griffiths, Von Hinke and Smith (2015) make the following statement:
“We show that the way in which the vouchers affected spending was fully in line with the predictions of standard economic analysis. That is, there was a large effect on spending among a subset of recipient households who were distorted. For other, infra-marginal households, the effect was similar to an incomeequivalent cash benefit”

Discuss this statement using relevant intermediate microeconomic theory and appropriate diagrams.

To what extent are the findings in Griffths, Von Hinke and Smith (2015) consistent with other research evidence on the impact of labelling on either cash or in-kind transfers?

 

Task Details/Description: 

1000-word essay (references and footnotes are not included in this words count).

 

Module Learning Outcomes Assessed:

In order to receive a pass mark for the essay, students need have shown that they have the ability to

1. Demonstrate an understanding of microeconomic theory at intermediate level.
2. Apply appropriate theoretical models to analyse real world questions and policy issues.
3. Compare and contrast alternative models of economic behaviour.
4. Demonstrate an ability to communicate economic arguments in a structured and logical manner. 

 

 

 

Presentation Requirements: 

You have to write an essay and not a report. The piece of work should be in essay format. Essays should not include heading/subheadings or listing/bulleting of key points. All essays must have an introduction, main body and conclusion. Failure to include these will lead to the deduction of marks – see the assessment sheet.

All diagrams must be hand drawn and included in the main body of the essay. Any diagram cut and paste from a website will not be marked.  

A formal, impersonal and academic writing style is required. Avoid colloquial language and personal style, such as writing first person singular ’I.’ and second person ‘you’. For example avoid writing sentences such “In this essay I will....” - see the assessment sheet.

Word Count: 1,000 (+/- 20% excluding references and footnotes)

Font Size: Arial: 12-point

Line Spacing: 1.5 

Submission Date & Time:   

Tuesday 23^rd November 2021 @ 12:00 midday UK Time Assessment Weighting for the Module: 

The essay is worth 20 per cent of the final module mark.

Ethical Requirements  

Not applicable as the work does not require the collection of primary data.

 

Essential Reading for Coursework Task 

Given that the quote in the question is taken form the Griffiths, Von Hinke and Smith (2015) it will be impossible to answer the question without reading this journal article carefully.

1. Griffiths, R. von Hinke, S. and Smith S. (2018). Getting a healthy start: The effectiveness of targeted benefits for improving dietary choices. Journal of Health Economics, Vol 58, pp 176-187.

Other useful sources include

2. Abler, J. and Marklein, F. (2017). Fungibility, labels and consumption, Journal of the European Association, Vol 15, pp. 99-127
3. Beatty, T.K., Blow, L., Crossley, T. F. and O’Dea, C. (2014). Cash by any other name? Evidence on labelling from the UK Winter Fuel Payment. Journal of Public Economics, 118, pp.86-96
4. Bradford, N. and Shaviro, D. (1999). The economics of vouchers, NBER Working Papers No. 7092, Available at Link
5. Hener, T (2017). "Effects of labeled child benefits on family savings," Review of Economics of the Household, Springer, vol. 15(3), pages 759777, September.

 

 

Assessment Criteria  

1 Quality of introduction, interpretation of the question x Is there an introductory paragraph that clearly states the key issues that are relevant to the question?  x Does it outline how the essay will answer the question?

 

2          Structure and logical development

x Is the material structured into paragraphs is such a way that it allows for the logical development of idea?

x Does the writing give the reader the impression the work has been copied from various sources but not fully understood by the author?

             

3         Depth of analysis and application of relevant microeconomic theory

x Does the essay demonstrate a good understanding and application of relevant economics theory

x Have any limitations/criticisms with the analysis used in the essay been discussed?

x Is there evidence of wider reading?

x Has relevant empirical evidence from a number of sources been summarised in a coherent and logical manner.

x Has the essay only relied on one source

 

 

 

4 Appropriate use of diagrams/ data/maths x Have relevant, clearly drawn and well labelled diagrams been included and explained. 

x Have diagrams been included but not fully explained and applied to the question?

x Does the labelling on diagrams relate specifically to topic/example given in the question

5          Quality of conclusion 

             x     Does the essay come to an abrupt end?

x     Is there a concluding section drawing together the various points made?

6          Presentation, layout and organisation

x Is the bibliography and referencing in the correct format

7          Use of English

x Has an appropriate academic writing style been used x Punctuation, grammar and spelling