Write a scholarly paper in economics. You must use some kind of data presentation — either tables or graphs or both — in the paper. What we are looking for is a paper that makes an economic argument and supports that argument with citations from scholarly sources in economics.I do not expect original research. A good model would be the kind of paper in the Journal of Economic Perspectives, which publishes articles for a general (though economically literate) audience.
I suspect you’ll argue costs and benefits. You could also explore some of the black market components w loan sharks and the like.
Overall, though, be sure to discuss the theory of credit markets and problems asymmetric information leads to. There you can elaborate on moral hazard
