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Essentials of economics

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Reference no: EM131265950

You can choose any of the following topics. I need it before Friday. Thanks!

Subject: Economic. Book:

Bradley R. Schiller, Essentials of Economics, 10th Ed, McGraw-Hill (2016)

Various levels of government use taxes and fines to influence behavior of the public. The State of Iowa and Iowa cities use taxes on alcohol, tobacco, gambling, gasoline, pickup truck license plates, and speed camera fines for this end. Pick one of these taxes to write about. There are others as well which you may address with instructor permission.

Most of us have opinions about one or all of these issues. Being able to present your opinion is always interesting but you must support your opinion with economic arguments. Here are a few questions that should be answered:

1. Will the taxes have the desired effect (usually to reduce consumption)?
2. Will there be unexpected economic side-effects?
3. Are the taxes progressive or regressive?
4. Are the taxes primarily to influence behavior or to raise money?

Basic Requirements for the Paper

  1. The written text of the paper should be a minimum of six pages long.  You may include images or charts or graphs if you wish but those will not be counted in the length of the paper.
  2. Do not use first person-- "I," "me," and so on.
  3. You must read the section on plagiarism before doing this paper.
  4. Ignorance of what plagiarism is, is not a valid excuse.
  5. You should use newspaper sources extensively as well as economic concepts described in the textbook.

Reference no: EM131265950

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