Dynamic Pricing

Make it a PhD level critique. Prof does require deep analysis not a summary. And I need a decent grade. IF YOU READ NO FURTHER THAN THIS SECTION 1. We are looking for a critical analysis. Perhaps the biggest mistake you can make is submitting a writing assignment that is largely a summary of the assigned article. 2. Depth is preferred to breadth. The student providing a strong analysis of two relevant points will earn much higher marks than the student identifying a number of points without fully analyzing any of them.1 3. We define critical rather broadly. It is certainly possible to write an excellent critical analysis in which you agree with the author of the article. Likewise, you should not feel shy about disagreeing with an author. In either case, the strength of your analysis will depend on your ability to thoughtfully apply ECO200 tools. 4. You must submit your assignment on both the BB Portal and See below for logistics of how to do so. Don?t be late ? there are penalties! 5. You earn bonus marks for attending the writing tutorial. PURPOSE To be successful in the workforce and as an economist, you need to be able to critically evaluate economic arguments and convey your reasoning to a general audience in writing. The assignments in this class will help you develop these skills. You will need to demonstrate your ability to apply economic concepts and tools to different, more open- ended contexts. This also helps you learn to apply and to view events through the lens of economics. What does it mean to be critical in Economics? Critical examination involves the following steps. 1. Translating a written argument into a form that can be analyzed using the tools we have learned in class. 1 In preparing your analysis, we hope you identify a number of points you can make. We understand that it can be difficult to leave out a point you have spent time thinking about and developing. If you find yourself in this situation, please consider something along the following lines: ?While the author?s argument certainly does rely on assuming X, in this analysis I focus on Y and Z, and argue that . . .? November 11, 2015 version ECO200: WA Instructions: Fall 2015 Page 2 2. Using economic tools to critically examine the argument being made. Analysis involves doing more than merely paraphrasing the textbook, class notes or using jargon. It involves the following: a. identifying the appropriate model or tool for the context; b. checking to see if the model?s underlying assumptions required are sufficiently satisfied; and c. identifying important differences between the model and the real-world context, and identifying how these differences affect qualitative and quantitative predictions. 3. Comparing your analysis with the author?s arguments and articulating any differences or similarities in a precise manner. 4. Translating all of this into clear language that readers can easily understand.

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