Using the economic concepts of Scarcity, Choice, Opportunity, Cost, Demand, Supply, Quantity Demanded, Quantity Supplied and Supply/Demand charts, evaluate the Impact Covid-19 will have on you, a family member of friend under the following conditions:

01.	10 pts	There are 145 million people in the workforce. Explain using the Supply/Demand curve. How Covid-19 is affecting the workforce. Is the Demand or Supply curve affected. Which way will the curve shift.
02.	10 pts	If you or someone in your household filed a tax return in 2018 or 2019, you will receive approximately $1,200.00. What will you or a family member spend the money on. What do you think other households will spend their money on. What will be the economic impact. How will that affect the Supply/Demand curve.
03.	30 pts	Name five areas, sectors and/or industries that are affected by Covid-19. Explain the impact using Supply/Demand curves. Explain which curve is affected and if it shifts to the left or to the right.
04.	10 pts	Overall, how is Covid-19 affecting the economy.

Hi,
It’s that time for the research paper that you did an outline for.
Here are the instructions:
After you have written your outline, you will initiate work on the first draft of your paper. While the draft is not expected to include all of the points that you will have in your final paper, it must provide enough detail so that the general scope and depth of the final paper is clear. Your final paper must be at least 1,800 words and include six or more credible sources. Two of the resources must be from academic journals.
Your first draft must include the following four sections:

• An introduction that introduces the selected topic and discusses how the analysis was conducted.
• A literature review that provides a detailed summary of the economic circumstances and facts that serve as the foundation of the economic analysis.
• A narrative body that includes:
  • An economic analysis that uses the tools developed in the course along with your graphical depiction of the economics applied to your topic. Provide an explanation of the graphical analysis. Don’t leave it to the reader to figure out your intention. The specific analysis will depend on your chosen topic.
  • Statistics that support your topic and narrative.
• Conclusion and a brief summary.

Use current APA formatting for your paper including these elements:

• Title page
• Running head
• Page numbers
• Headings
• Source citations
• Reference list

An abstract and table of contents are not required.
Remember to use the Eaglet and APA resources provided on the Academic Resources page.
Note: Your paper will not be stored in the Turnitin repository for the draft submission.
You will submit your first draft in Module 6. Review the assignment rubric and detailed grading criteria.
And the grading criteria:
ECON 210 Module 6 Research Paper Draft Rubric

ECON 210 Module 6 Research Paper Draft Rubric

Criteria	Ratings	Pts
This criterion is linked to a Learning Outcome Focus – Application of Economic Theory	10.0 pts Paper makes great use applying economic theory to the topic (explaining the economics in the issue), includes economically logical conclusions, student excels at predicting future economic trends, events or conclusions based on the reasoning used. 8.0 pts Paper makes good use applying economic theory to the topic (explaining the economics in the issue), may include basic economically logical conclusions/projections. 5.0 pts Paper incorporates economic theory in explaining the topic (explaining the economics in the issue.) Little more than stating the economic theory is included. No use of economically logical conclusions. 3.0 pts Paper makes no application of economic theory to the topic. Is just descriptive of the topic in nature. Provides no evidence student connected economic theory to topic.	10.0 pts
This criterion is linked to a Learning Outcome Inclusion of Course Learning Outcomes	10.0 pts Paper makes great use of course material, readings, and supplements. Easily maps to a number of learning outcomes in the syllabus. 8.0 pts Paper makes good use of course material and readings. Little outside supplements are included. Maps to a number of learning outcomes in the syllabus. 5.0 pts Paper makes basic use of course material. Typically no outside supplements or research in included. Difficult to map to a number of learning outcomes in the syllabus. 3.0 pts Paper makes no real constructive use of course material. One could consider this an opinion paper with no real supporting material. Difficult to map to a number of learning outcomes in the syllabus.	10.0 pts
This criterion is linked to a Learning Outcome Inclusion of Supporting Data	10.0 pts Paper contains evidence of solid research effort drawing from many strong academic sources. 8.0 pts Paper contains evidence of medium research effort in number and strength of resources. 5.0 pts Paper contains evidence of minimal research effort or success drawing from few or weak sources (Wikipedia). 3.0 pts Paper contains evidence of no real research effort including no real source of research.	10.0 pts
This criterion is linked to a Learning Outcome Use of Statistical Evidence	10.0 pts Paper makes exemplary use of credible statistical evidence. 8.0 pts Paper makes good use of credible statistical evidence. 5.0 pts Statistical evidence is partial, weak or inappropriate. 0.0 pts No statistical evidence is presented.	10.0 pts
This criterion is linked to a Learning Outcome Strength of Argumentation	10.0 pts Thesis is well developed and supported, feeds conclusion. Contradictory views plausibly handled. 8.0 pts Thesis is adequately developed and supported, only partially supports the conclusion. Contradictory views not treated adequately. 5.0 pts Thesis is not adequately developed and logically supported, conclusion not supported. Contradictory views not treated. 3.0 pts Thesis is not developed or supported. Conclusion missing or not supported. Contradictory views not treated adequately.	10.0 pts
This criterion is linked to a Learning Outcome References	15.0 pts References are well documented in both the body and reference section in a consistent form. Many more than the minimum number of sources. 12.0 pts References are inconsistently documented in body and reference section. References are not ideally matched to content. Five sources and at least three journals contained. 8.0 pts References are poorly documented in body and reference section. References not appropriate to content or not current. Less than minimum requirements. 5.0 pts Almost no references documented. Inappropriate references. Fewer than five sources or fewer than three journal articles. Reliance on nonquality web sources.	15.0 pts
This criterion is linked to a Learning Outcome Grammar	10.0 pts Writing is grammatically correct, clear and flowing. 8.0 pts Writing should be polished for stronger presentation. 5.0 pts Writing needs work for clarity, organization and grammatical presentation. 2.0 pts Clear indication that this is a draft with serious need for review and editing.	10.0 pts
This criterion is linked to a Learning Outcome Spelling	5.0 pts No spelling errors that distract the reader from the content. 4.0 pts Less than 1% of word total have errors in spelling that distract the reader from content. 2.0 pts Frequent (3-4%) spelling errors that distract the reader from content. 0.0 pts Significantly more than 4% spelling errors that distract the reader from the content.	5.0 pts
This criterion is linked to a Learning Outcome Flow of Thesis and Arguments	10.0 pts Organization is logical and easy to follow. Includes introductory overview and supportable conclusion. 8.0 pts Organization is evident but could be strengthened. 5.0 pts Organization is weak. Introduction and conclusion are not clearly delineated in body of work. 3.0 pts Organization is almost nonexistent and represents just a free flow of ideas.	10.0 pts
This criterion is linked to a Learning Outcome APA Format	10.0 pts APA style is employed perfectly. 8.0 pts Few errors in APA style and most are inconsequential. 5.0 pts Many features of APA style are ignored. 0.0 pts APA style ignored completely.	10.0 pts
Total Points: 100.0