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I. Use (and synthesize) what you learned from class, as well as from the textbook (especially Chapters 20 and 13), as well as from the two assigned newspaper articles (opinion pieces) to answer the following two questions. Please explain your answers fully, using the concepts you’ve learned in class as well as insights and descriptive details from the textbook and the articles to support your answers. Please use your own words and don’t copy from the articles, lecture notes or the textbook.
Your Assignment:
(a) Use what you have learned in Unit 6 to explain why scientific research is so important for long-run economic growth. (Minimum 150 words)
(b) Describe the special role that government-funded basic research*/basic science plays in this process. (Minimum 250 words)
(c) Use what you have learned in Unit 6 to describe two government policy approaches to improving the pace of innovation in the economy. Use examples. (Minimum 100 words)
Use the two opinion pieces to inform your answer. You do not need to agree with the authors, but you should address whether or not you agree with the opinions presented in the assigned articles.
Your analysis should be at least 650 words long. Please explain your answers using your own words. You will need to read Chapter 20 (and Chapter 13) as well as the Lecture Notes in addition to the articles in order to provide full answers.
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