Your senior essay will be graded by your advisor and by an anonymous economics faculty reader. The advisor grade will appear on your transcript if you enrolled in Econ 491a or 491a/492b. For students who are doing a 1-term essay out of a fall seminar, the advisor grade will not appear on your transcript (you will have received a course grade for the seminar). The reader grade does not appear on your transcript. However, we ask the advisors and the readers if they recommend the essay for prize committee. Both must agree before the essay will be considered for a prize.