Discussion Response #7 Prompt:
In this week’s lecture, we discussed the various aspects of public finance of sport stadiums, facilities, and infrastructure. Specifically, we focused on the tangible and intangible benefits of cites and states using public funds to construct these values. We discussed how in many cases the projected benefits are overstated and the costs underestimated.
For today’s discussion response, I want you to find newspaper article of a recent stadium proposal and critically appraise the tangible and intangible benefit claims in the announcement. First, explain the details of the stadium funding proposal. What are the proposed benefits? How are they measured? Next, I want you to explore the intricacies of the plan using concepts from the class (i.e. multiplier effect, substitution effect, leakage, crowding out). Based on what you know from class, are these promises likely be realized? Are the benefits overstated? What are the costs attributed to the deal? Do they discuss negative externalities. Overall, do you think think this deal is good or bad for the taxpayers.
Rubric
Topic Discussion Responses (2020)
| Criteria | Ratings | Pts | ||
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This criterion is linked to a Learning OutcomeDirectly Addresses Discussion PromptRather than simply writing 300 words (500 for graduate students) on the general topic, the post should directly answer the question posed. |
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2.0 pts |
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This criterion is linked to a Learning OutcomeCoherent Structure and OrganizationA fully developed response that uses a clear thesis statement, is well organized, and has a logical structure: Introduction, Development, and Conclusion. |
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2.0 pts |
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This criterion is linked to a Learning OutcomeOriginality and Critical ThinkingResponse demonstrates critical thinking and offers original ideas/conclusions/insights. Evidence of additional thinking and originality beyond concepts and examples introduced in course material. |
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2.0 pts |
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This criterion is linked to a Learning OutcomeUse of Course Concepts and MaterialsEngages, uses appropriately, and cites appropriately, the relevant concepts, theories, and information drawn from course lectures, readings, and videos. The citation of the course material should be a mixture of direct quotation and paraphrasing. |
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2.0 pts |
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This criterion is linked to a Learning OutcomeQuality of Additional ResearchResponse builds upon existing knowledge from course material by finding quality, relevant, and original references/sources to offer new insights on the topic. The citation of the additional research should be a mixture of direct quotation and paraphrasing. |
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2.0 pts |
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Total Points: 10.0 |
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