Econ principles Milestone 1

Prompt: Select the organization you would like to analyze in part two of the final project using the following resources: DBHoovers, ProPublica, or American Hospital Directory. Present your proposal to the instructor for approval to ensure that you will have access to sufficient financial information on the healthcare organization to complete the final project.

In your proposal, address the following elements:

 What organization is the focus of your report?

 Analyze the organization by identifying the sub-industry or type of organization it belongs to (e.g., home care, hospital) and the financial background of

the organization.

 Based upon the information you researched in Module Two, is the organization you selected a nonprofit or for-profit?

 Finally, considering the sub-industry your organization belongs to, what kind of impact do the economic principles of demand and market/consumer

behavior have on this organization’s financial statements? For example, do the statements reflect a spike on revenue during the winter due to increased

injuries and accidents related to ice?

 Support your proposal with a minimum of two cited sources.

Guidelines for Submission: Proposals should be 2–3 paragraphs, double-spaced, 12-point Times New Roman font, and one-inch margins. Your proposal must also follow APA formatting and all resources and references should be cited appropriately.

Critical Elements Exemplary Proficient Needs Improvement

Proposal Proposes an appropriate healthcare organization for the final project (100%)

Does not propose an appropriate healthcare organization for the final project (0%)

20

Analysis Meets “Proficient” criteria and description is concise but with necessary specific details (100%)

Accurately and in detail describes the selected organization, sub- industry, and financial background (90%)

Describes the selected organization, sub-industry, and financial background, but with gaps in accuracy or detail (75%)

Does not describe the selected organization, sub-industry, or financial background (0%)

20

Nonprofit or For-Profit Determines whether the organization is for-profit or nonprofit (100%)

Does not determine whether the organization is for-profit or nonprofit (0%)

20

 

 

 

 

 

 

 

 

 

 

Demand Theory Meets “Proficient” criteria and evidences keen insight into appropriate application and use of demand theory for a particular organization (100%)

Accurately describes how demand theory is reflected in the organizational financial statements (90%)

Describes how demand theory is related to the financial statements, but with gaps in accuracy or detail regarding how the statements reflect demand theory (75%)

Does not describe how demand theory is related to the financial statements (0%)

15

Market Behavior Impact

Meets “Proficient” criteria and explanation evidences keen insight into the nuanced relationship between market behavior and financial impacts to an organization (100%)

Accurately explains how market behavior impacts the financial statements of the organization at various times throughout the year, and explains why (90%)

Explains how and why market behavior impacts the financial statements of the organization at various times throughout the year, but with gaps in detail or accuracy (75%)

Does not explain how and why market behavior impacts the financial statements of the organization at various times throughout the year (0%)

15

Articulation of Response

Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy-to-read format (100%)

Submission has no major errors related to citations, grammar, spelling, syntax, or organization (90%)

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas (75%)

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas (0%)

10

Earned Total 100%

 

  • IHP 620 Final Project Milestone One Guidelines and Rubric
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