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ECON 10A University of California Utility Concept & Happiness in Consumers Discussion

ECON 10A University of California Utility Concept & Happiness in Consumers Discussion

Question Description

Prompt :Explain why the concept of utility is an imperfect proxy for happiness.

ECONOMICS IN ACTION

What is it?

“Economics in Action” provides you with an opportunity to apply in practice chosen concepts from the Econ10A curriculum. Throughout the course, you will work on four written essays in response to assigned prompts and based on special pre-recorded video lectures. The word limit for each response is set at 300 words and, given the small word limit, you should not cite external sources. You will have to type out your answer in the field provided in GauchoSpace as the file-submission option has been disabled. There is no time limit, and you can save your draft and exit the assignment as long as the assignment remains open.

Have in mind that while you are welcome to discuss broad concepts and ideas with other students, the final essay has to represent your own work. Each “Economics in Action” assignment is worth 5 points maximum. Only the three highest grades (out of four assignments in total) will count towards the final grade.

IMPORTANT: Your essay is not saved automatically. Make sure you save your draft before the deadline to ensure that your answer is submitted for grading. Also, just like when working on the modules, plan to finish your work at least 24 hours before the deadline as late work will not be accepted.

How to work on it?

Before you begin working on your essay, carefully watch the relevant lecture video. Note that not all of the points made in the video may be relevant to the prompt you are expected to respond to. You are welcome to brainstorm your arguments with a TA during one-to-one office hours or even regular office hours if no other student is attending. However, TAs will not be able to proofread your work for you or give you a potential grade estimate.


Note that we will hold a special live session dedicated to discussing your questions on each prompt a few days before the assignment is due (details on each session will be sent via email).


As you work on your assignments, you may find it useful to consult the resources available through the CLAS Writing & Language Services.

What are we looking for?

Your answer can receive a maximum score of 5 points and will be graded according to the following rubric:

A: Content is original and does an excellent job to analyze the economic question(s). The submission is easy to read, transitions connect ideas well, and the arguments strongly support the conclusion. There is an excellent application of economic theory. There are little or no grammar, punctuation, word choice, and spelling errors. General result: The submission is very focused and nearly flawless.

B: Content does a good job to analyze the economic question(s). Arguments are strong but there may be one or two transitions that are not smooth. There are up to a few errors in grammar, punctuation, word choice, and spelling errors. General result: The submission is focused but has a few imperfections.

C: Response is appropriate but lacks a clear argument. Arguments are vague and/or incomplete. There is little organization to make the submission coherent. There are at least 6 errors in grammar, punctuation, word choice, and spelling. General result: The submission is adequate but lacks the depth and/or accuracy in an A or B submission.

D/F: Response does not adequately address the question(s). There are few or no clear arguments. There is little, if any, coherence to the submission. There are at least 10 errors in grammar, punctuation, word choice, and spelling errors. General result: The submission does a poor job to address the question(s).

HINT: It’s important for your work to be concise–every single sentence has to add value to your arguments. Do not try to reach the word limit by repeating the very same ideas multiple times. Also, make sure your proofread your work! Grammatical and lexical errors will result in points being deducted from your grade.

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