Rough Draft

This Rough Draft of GEA1 – Case Study as two primary parts, describedbelow. You should write the paper as a cohesive whole; do not includesection headers. Use the link above for submission details.

DESCRIPTION

Part I – (this draws on opportunity cost (Ch 1) and markets (Ch 3))

Describe the market for kidney organs, as it would be in a freemarket without government intervention, using what you have learnedabout scarcity, marginal analysis in decision-making, and markets. Youmust include a discussion of resources, supply and demand, as well asmarginal benefits and marginal costs. Think of this as an explanation ofthe pros and cons of the market using economic terminology.

Describe the benefits and costs but leave the discussion of organ rationing and other solutions to the problems in this market for the next part. Describethis market using supply and demand; reference your graph in yourdescription. Include “graph 1” of this market at the end of the paper(not included in page count). This should be a discussion withoutmentioning Price Controls, only discuss how the kidney organmarket would be without government intervention. Feel free to use anystats or data that you find through your own research – make sure youuse econ terminology.

Part II – (this draws on government (Ch 4) to improve the discussion made in Part I)

Consider the reasons why the market for kidney organs is not a freemarket in the US, specifically discuss equity concerns. Expand on yourdiscussion of the market from Part I, using what you have learned aboutgovernment interventions/price controls.

• Discuss the current governmentintervention in the Kidney Market in the U.S. Describe this market -comparing the free market and to the government intervention in onegraph – using supply and demand; reference and discuss your graph inyour paper. Explain the current government intervention and exactly howit corrects the problems of the free market. Include any otherbeneficial aspects of the intervention that you find through your ownresearch – make sure you use econ terminology throughout.
• Also discuss other Donation Systems Around the World, no need to add a graph here.Explore the policies that are currently implemented across the globe(i.e. some discussed in the articles include – routine removal, presumedconsent, organ donor points, “no give, no take”, etc.). Evaluate thelimitations of these policies. Also consider how these policies fare interms of the efficiency vs. equity debate. (You do not need to critiquethem all, just select from 2 or 3 different countries that you findinteresting/appealing.)

FORMATTING

The body of the text (NO header/footers/by lines, separate -title/graph/bibliography page) for the rough draft must be at least 4 full pages(it is best if you write onto the 5th page to be sure you meet theminimum, keep in mind more pages will be added later for the finaldraft), double-spaced, 1″ margins, and size 12 Arial FONT. File type must be doc OR docx.

Make sure to include a title page and an updated bibliography page(both should be on their own pages and not share a page with the body ofthe text). Graphs/Charts/Figures/Bibliography should be at the very end of the text and are not included in page count.Only use in-line citations with the author and the year in parenthesesat the end of the sentence; do not include citations in the footers. Thefull citation should be given on the bibliography page only.

Submit your assignment using Turnitin under assignments Rough Draft