Discuss the economic and related social issues* concerning the impact of air pollution. (*Related social issues may include ethical, global, environmental, sustainability, social responsibility...

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Discuss the economic and related social issues* concerning the impact of air pollution. (*Related social issues may include ethical, global, environmental, sustainability, social responsibility issues, etc.) You should structure your assignment around the following: (i) Issues: Identify and explain the main economic and related social issues concerning the impact of air pollution. (ii) Analysis: Analyse the issues identified in (i). You must use relevant theories, concepts and definitions. (iii) Position: Derive your position on the issues identified in (i). You must provide evidence by interpreting, evaluating, integrating and synthesising your analysis done in (ii). (iv) Critique: Defend your position derived in (iii) against the best possible argument that may be raised in opposition to yours. You must consider the assumptions and implications of your position


ECON2003 MICROECONOMIC ANALYSIS S2 2021 1 / 4 ECON2003 S2 2020 Individual Assignment 2 Due 3pm Friday October 29, 2021 BACKGROUND AND QUESTION: Listen to the Freakanomics podcast ‘This Is Your Brain on Pollution’ (Ep. 472) https://freakonomics.com/podcast/pollution-brain/ Discuss the economic and related social issues* concerning the impact of air pollution. (*Related social issues may include ethical, global, environmental, sustainability, social responsibility issues, etc.) You should structure your assignment around the following: (i) Issues: Identify and explain the main economic and related social issues concerning the impact of air pollution. (ii) Analysis: Analyse the issues identified in (i). You must use relevant theories, concepts and definitions. (iii) Position: Derive your position on the issues identified in (i). You must provide evidence by interpreting, evaluating, integrating and synthesising your analysis done in (ii). (iv) Critique: Defend your position derived in (iii) against the best possible argument that may be raised in opposition to yours. You must consider the assumptions and implications of your position. https://freakonomics.com/podcast/pollution-brain/ ECON2003 MICROECONOMIC ANALYSIS S2 2021 2 / 4 IMPORTANT INFORMATION: General The assignment is strictly 1250 words maximum (excluding reference list). It is not necessary to have equal word count for each part above but keep in mind each section is equally weighted (see below). The assignment must be prepared using a word processing program (e.g. Microsoft Word). As detailed below, however, your final submission must be in PDF format. Any included figures should be prepared electronically (e.g. Microsoft Word drawing tool). The assignment will count towards 15% of your final mark. Referencing All sources used in the assignment should be appropriately referenced using a standard referencing system (e.g. Harvard style). The reference list will not count towards your final word count. Please consult Macquarie University Library’s resources for further information about referencing. There is no ideal number of references but around five to eight good references would provide a benchmark for an assignment of this length. Submission The assignment is due 3pm Friday October 29, 2021. Students who have not submitted before the deadline will be penalised 10% of full marks per day (accepted up to 96 hours late). No extensions will be granted except in cases where an application for Special Consideration has been approved. You must submit through iLearn using the Turnitin link provided. Submission links will be open two weeks prior to the deadline. All submissions must be in PDF format. Turnitin often encounters problems with Microsoft Word files that include figures and/or tables. Failure to submit as a PDF file may result in a marker being unable to mark your submission. Macquarie Business School uses plagiarism detecting software (Turnitin) on all submissions. By submitting through Turnitin each student acknowledges the University’s policies relating to plagiarism and academic misconduct. Please see Unit Guide for more information. You are welcome (and encouraged) to work with other students to assist in developing your knowledge and ideas but ultimately the final submission must represent your own work. Marking The assignment is intended to primarily assess the Program Learning Outcome related to ‘Ethics’ but also relates to ‘Problem Solving and Critical Thinking’ and ‘Communication’. Presentation, grammar, spelling and correct referencing practice will also be considered in marking. A detailed marking rubric is provided as an appendix table in this document. http://libguides.mq.edu.au/content.php?pid=459099&sid=3758848 https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policies/academic-honesty https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policies/academic-honesty ECON2003 MICROECONOMIC ANALYSIS S2 2021 3 / 4 CHECKLIST: Document Preparation Checklist ☐ My assignment is typed using a word processor (e.g. MS Word). ☐ My assignment is written in full sentences and in clear language. ☐ My assignment is proofread and grammatical errors and typos are minimised. ☐ My assignment is written under the word limit, 1250 words. ☐ Diagrams are not distorted and properly inserted into the master document. ☐ My assignment is saved as a PDF file of a size less than 40MB. After-Submission Checklist ☐ I have double-checked whether the assignment was properly uploaded. ☐ I have received the Turnitin receipt via email. ECON2003 MICROECONOMIC ANALYSIS S2 2021 4 / 4 APPENDIX: Individual Assignment Marking Rubric Criteria Fail (F) Pass (P) Credit (Cr) Distinction (D) High Distinction (HD) Articulation of issues (20%) Economic and related social* issues are clearly stated and succinctly yet comprehensively explained as they relate to theories, concepts and definitions. [* May include ethical, global, environmental, sustainability, social responsibility issues, etc] Student does not provide any description of economic and related social issues showing no understanding of the topic. Student poorly describes few economic and related social issues demonstrating limited understanding of the topic. Student mostly effectively describes several economic and related social issues demonstrating fair understanding of the topic. Student effectively describes multiple economic and related social issues demonstrating deep understanding of the topic. Student effectively and creatively describes multiple economic and related social issues demonstrating an extensive understanding of the topic. Analysis (20%) Issues are analysed using relevant and appropriate theories, concepts and definitions. Analysis includes research studies or examples. Analysis takes into account diverse/competing perspectives. Student fails to demonstrate an analysis substantiating any of made claims through theories, concepts, definitions, research studies or examples. Student provides information and no analysis, ideas/solutions. Student ordinarily demonstrates an analysis, develop poor arguments, struggling to substantiate claims through few and/or irrelevant theories, concepts, definitions, research studies or examples. Student mostly provides information and limited analysis, ideas/solutions. Student accurately demonstrates an analysis; develops fair arguments but they lack substantiation through relevant theories, concepts, definitions, research studies and/or examples. Student accurately demonstrates an analysis; skilfully develops arguments, substantiating made claims through relevant theories, concepts, definitions, research studies and/or examples. Student accurately and insightfully demonstrates an analysis; masterfully develops arguments, substantiating made claims through relevant theories, concepts, definitions, research studies and/or examples. Position (20%) The analysis is interpreted, evaluated, integrated and/or synthesised to support and provide evidence for a clear overall position, demonstrating independent well-reasoned economic and ethical judgement. Student fails to support and provide evidence for a clear and independent position. There is no interpretation and integration of the analysis for an independent reasoned judgement. Student struggles to demonstrate a clear position and independent reasoned judgement. Student ordinarily provides an interpretation and integration of the analysis. Student accurately demonstrates a clear position and independent reasoned judgement. Student mostly effectively provides an interpretation and integration of the analysis. Student skilfully demonstrates a clear position and independent reasoned judgement. Student effectively provides an interpretation and integration of the analysis. Student skilfully and insightfully demonstrates a clear position and independent reasoned judgement. Student effectively and creatively provides an interpretation and integration of the analysis. Critique (20%) Assumptions, objections and implications of the position are identified, considered and appropriately defended. Student fails to identify assumptions, objections and implications for an independent position regarding the topic. Student struggles to identify assumptions, objections and implications for an independent position regarding the topic. Student accurately identifies assumptions, objections and implications for an independent position regarding the topic. Student skilfully identifies assumptions, objections and implications for an independent position regarding the topic. Student skilfully and insightfully identifies assumptions, objections and implications of an independent position regarding the topic. Organisation and evidence of research (20%) Clarity of structure, transitions between paragraphs, accuracy, academic tone, relevance, academic sources Text has no formal structure. Very poor text logic with frequent use of contradictions. Absence of academic tone due to consistent use of informal language. Referencing is non- conforming to standard (e.g. Harvard) style and/or absent. Articles are from non-reputable sources and/or are irrelevant to and do not substantiate made claims. Text has under-developed formal structure. Poor text logic with recurrent use of contradictions. Inappropriate academic tone due to frequent use of informal language. Referencing is mainly inaccurate and/or does not conform to a standard (e.g. Harvard) style. Articles are often from non-scientific sources, irrelevant to arguments, do not help to substantiate made claims. Text has formal structure. Satisfactory text logic with some use of contradictions. Inconsistent academic tone due to use of informal language. Referencing is fairly accurate using standard (e.g. Harvard) style. Articles are mostly from reputable sources; are relevant to arguments and substantiate made claims. Text has clear and well developed formal structure. Excellent text logic with miniscule use of contradictions. Appropriate academic tone. Referencing is mainly accurate using standard (e.g. Harvard) style. Articles are from reputable sources; are very relevant to arguments; thoughtfully substantiate made claims. Text has clear and original formal structure. Outstanding text logic with no use of contradictions. Appropriate and confident academic tone. Referencing is impeccably accurate using standard (e.g. Harvard) style. Articles are from highly reputable sources; are highly relevant to arguments; insightfully substantiate made claims. ECON2003 MICROECONOMIC ANALYSIS S2 2021 1 / 4 ECON2003 S2 2020 Individual Assignment 2 Due 3pm Friday October 29, 2021 BACKGROUND AND QUESTION: Listen to the Freakanomics podcast ‘This Is Your Brain on Pollution’ (Ep. 472) https://freakonomics.com/podcast/pollution-brain/ Discuss
Answered 1 days AfterOct 26, 2021

Answer To: Discuss the economic and related social issues* concerning the impact of air pollution. (*Related...

Insha answered on Oct 28 2021
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ECON2003 MICROECONOMIC ANALYSIS S2 2021
Table of Contents
Introduction    4
Overview    4
Issues    4
Analysis    5
Methods    5
Concepts    5
Policies    6
Position    6
Critique    7
Conclusion    7
References    8
Introduction
The purpose of this study is to analyse and comprehend the economic and social difficulties asso
ciated with the impact of air pollution. By analysing the methods, theories, policies and concepts, it will identify and explain the key economic and social concerns affecting the impact of air pollution. Furthermore, a position on them will be developed. Finally, this article will be finished based on the assumptions and consequences of the position.
Overview
Fast economic expansion, Environmental pollution, and other social issues have all had a
negative impact on public health, increasing the burden of health-care costs. An empirical examination of causation reveals a unidirectional causal association between CO2 emissions, the environment index, GDP growth, foreign direct investment, and secondary education. In emerging nations, population ageing increases health costs while secondary education reduces private health spending (Mannucci, and Franchini, 2017).
Issues
The fast growth in health expenses as a result of broad environmental degradation, extensive economic activity, and other social issues poses a significant challenge to governments and public healthcare officials in growing countries. Air pollution is the most significant environmental and socioeconomic cost. Carbon dioxide (CO2), sulphur dioxide (SO2), and nitrogen oxides (NOx) are the most common greenhouse gases (GHGs) released by power plants, industrial enterprises, and automobiles (Manisalidis et al. 2020). The yearly death rate in China and India is estimated to be 1.2 million individuals, compared to 0.1 million in the United States, due to severe air pollution produced by high PM2.5 concentrations. The smog caused 98% of health-related economic losses in Beijing in January 2013, with an estimated cost of 23 billion RMB (3.7 billionUS dollars) (Mannucci, and Franchini, 2017). Furthermore, the World Health Organization's current figures show that by 2050, the significant rise in air pollution would result in increased premature death due to environmental deterioration.
Air pollution has been linked to an increase in morbidity and death rates throughout the world in recent decades. The many adverse impacts of air pollution on public health have resulted in a significant increase in healthcare spending and a loss in labour productivity, resulting in an enormous social cost burden and increased economic strain. Emerging market economies cannot trade economic growth for environmental quality. In China, the SO2 shadow price falls as GDP per capita rises, while capital labour intensity has a positive and substantial influence on the cost of SO2 abatement. According to a comprehensive assessment and meta-analysis of the pulp and paper sectors, the primary source of GHG emissions is the substantial use of energy. A 1% annual increase in PM2.5 exposure...
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