Paper, Order, or Assignment Requirements

the question is (Using your own words, explain why mainstream economists believe a free market tends towards the equilibrium position.)
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Required reading
Sheehan (2010): Appendix: Introducing the simple market mechanism to non-economists. In The Economics of Abundance: affluent consumption and the global economy.
Stillwell, Part V, chapter 18
Gillespie, A. (2013) Business Economics. Oxford: Oxford University Press. chapter 3 pp. 56-59
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The guidelines for the submission of the essay assignment are as follows.

➢ Submit an electronic version of your essay via the 17678 X-stream site.
➢ The essay should be word processed. It should not exceed 1750 words in length.
➢ The essay must include a bibliography and footnotes.
➢ Please ensure your essay has no appendices.
➢ Ensure the essay includes a word count on the first page – this figure does not include tables, endnotes or the bibliography;
➢ The essay should be produced with a typeface of Arial font size 14. Please use the same typeface throughout.
➢ The essay should be set out double-spaced (including bibliography and footnotes).
➢ All text should be ranged left and unjustified.
➢ The essay should include the following statement of authenticity.

“I confirm that this submission is my own work. Any quotations are properly cited using the Harvard referencing method. All errors and omissions are my responsibility alone.”

Date

➢ The order of the essay should be as follows:

• Your name (forename and then surname)
• Essay Question and the name of your Module tutor
• Statement of Authenticity (make sure you sign and date the statement)
• Word Count Figure
• Main body of submitted work
• Bibliography

The failure to fulfil one or more of these requirements will mean that marks will be deducted at the discretion of the Module tutors.
Any essay handed in late will be subject to the University penalties for the late submission of work.

Assessment Criteria for Essay

ESSAY CONTENT (70%)
• Does it engage with the reading recommended by the tutors?
• Has the question posed been properly answered?
• Are key concepts clearly defined and essential ideas fairly summarised?
• Does the essay have a logical, balanced structure?
• Is there any irrelevant material included, especially from sources not recommended by the tutors?
• Is there evidence of editing and re-drafting?
• Does it have a clear introduction and summary?

ACADEMIC TECHNIQUES (30%)
• Are footnotes included when appropriate?
• Are all the relevant arguments properly cited?
• Are the references in the bibliography set out correctly?