Economic processes

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), or produce a 15 minute multimedia presentation, 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’. Below are some questions that you may use as a guide while you work on this project:

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