Division of Labour and Economics subject content/Economics: Making Sense beyond Common Sense

Division of Labour and Economics subject content/Economics: Making Sense beyond Common Sense

Instructions
This assignment, which covers the concepts presented in Unit 1, asks you to prepare a short-essay
response (approximately 700-800 words or two to three, typed/word-processed pages) to
one
of the
three questions presented below. Do
not
answer all three.
Your essay response to the question must include direct references to the course materials (textbook,
required readings, or researched sources) and use an appropriate citation style (such as
APA Style
)
when quoting or making references to these sources in your responses. Before beginning, take a few
minutes to review
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, the
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for Written Assignments, and
Athabasca University’s
Academic Misconduct Policy
.
Contact your tutor if you have any questions or concerns about how to approach or complete this
assignment
before
you begin writing.
When you have completed your essay, ensure that you make or keep a copy for your records. Upload
your assignment and submit it to your tutor for marking
.
A
ll assignments are marked within five business days of their receipt. Your graded assignment will be
returned to you via the same Assignment link. When you receive it, review the comments made, and if
necessary, contact your tutor to discuss the results.
Assignment 1
Short

Essay Questions (answer only one question)
1.1 Unit 1 distinguishes between the concepts of “common sense,” “social science,” “ideology,” and
“knowledge.” What impact does “common sense” have on the way ordinary people think about
economics? Does “common sense” also have an impact on the way professional economists think
and write about economics? Substantiate your answer using the concepts of “ideology” and
“knowledge.”
1.2 What is the subject matter of economics? What role does the “division of labour” play in defining
this subject matter?
1.3 Unit 1 distinguishes between “mainstream” and “critical” perspectives on economic issues. What
are the fundamental differences between the “Mainstream” and the “Cr
itical” perspective?

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