ECO 202 UNIT 3 ASSIGNMENT LATEST-POST
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ECO 202 Unit 3 Assignment Latest-POST
ECO202
ECO 202 Unit 3 Assignment Latest-POST
ECO 202 – Microeconomics
Due: Sunday by 11:59 pm at the end of Unit 3.
Should drugs be legalized?
Legalization of drugs such as marijuana, cocaine and heroin
often provokes intense disagreement among citizens as well as policymakers.
Because legalization would create a market for these drugs, economists can
provide helpful commentary based on consumer choice and demand.
To read about the current debate visit:
http://www.drugpolicy.org/news/082307media.cfm
http://www.druglibrary.org/schaffer/debate/debate.htm
Support for legalization does not divide easily along
traditional political viewpoints. For a conservative group’s argument see the
Cato Institute at: http://www.cato.org/testimony/ct-dbz061699.html
The American Civil Liberties Union (ACLU) discusses the issue
at:
http://www.aclu.org/criminal-law-reform
By contrast, the US Department of Justice argues against
legalization at:
http://www.dea.gov/pr/multimedia-library/publications/speaking_out.pdf
For additional discussion by mainstream economists see:
Brookings Institution (a private research group)
http://www.brookings.edu/research/articles/1996/03/spring-crime-stares
National Bureau of Economic Research, “Smoking, Drinking, and
Drug Use Respond to Price Changes”
http://www.nber.org/digest/may05/w10948.html
Your final product will be a paper that:
• Addresses the question above in total.
• Is APA formatted.
• The body is to be 2 pages minimum.
The requirements for your assignment are:
1. Answer this question fully.
2. Define the overall subject for the question.
3. Cite at least three (3) resources from this week’s materials.
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