Research -AW-Q159

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Special Instructions for the writing assignment
 

1- You have two options for the topic
 

Option 1
 

a. Read (listen to) one or more of the following articles. My favorite one is #4.
 

b. Notice that governments grant patents to inventors. By doing so, they create monopolies. Monopoly market structures are not efficient and monopolists charge higher prices. On the other hand, patents provide incentives for research and development. Should governments create monopolies by granting patents? What are the limits? Is the judge (and later on Supreme Court) in this case right to rule against the patent mentioned? Look at this case from an economist’s point of view and write about it. Choose an appropriate title for your article.
 
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Option 2
 

Search and find a news article about a recent antitrust case. Justify the government intervention in that case (or argue against it).
 

2- Time Limit: You have a 60 minute time limit to write. Your time spent reading the articles does not count.
 

3- Length Limit: Please write at least one page, but no more than 2 double-spaced pages within the 60 minutes of writing time
 

4- Font: Please use the 12-point Times New Roman font
 

5- Hand In: Email the completed assignment to me after you finish the 60 minute time period. Please write “Writing assignment” in the subject line of your email.
 

6- Wording and composition matters the most. You should sound like a real economist.
 
Product Code-Research-AW-Q159
 
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