As an alternative to taking the final exam, students who have regularly attended class during the final four weeks of the semester can write about one of the topics below. The paper must provide a critical analysis of one of these subjects. Critical analysis involves clearly stating your opinion about the issue and presenting empirical and/or theoretical evidence to support your position (see the online handout for details). The paper must be between 400 and 800 words in length, double spaced and submitted to D2l as a Word file.

1. Choose a country of your choice and state whether you think it will be more or less prosperous 50 years from now than it is today in both the absolute standard of living (per capita income) of its citizens and its relative standard of living (in comparison with other countries of the world and the region where it lies). Offer at least two suggestions for institutional change for the country (specific political and/or economic adaptations) and explain why you think these changes will improve prosperity in and the sustainability of that society. This option will be graded on a 100 point basis if you write about either China or the US. It will be graded on a 120 point basis if you write about any other country.

2. If you disagree with Acemoglu and Robinson (that institutions are the primary reason why nations fail or succeed), clearly state that opinion and provide empirical and/or political evidence to support your position. This option will be graded on a 100 point basis.

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