Find an article explaining a new or proposed policy

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Assignment -

1. Find an article explaining a new or proposed policy. This article can be from any source you like, and on any topic. Points for creativity. The essential point is that the article discusses a policy that can be outlined with the theoretical tools we've learned in the class. It should be short, and should not be one of the topics we've already discussed.

2. Show how theory applies in this case. Explain (succinctly!) how the theory fits with the policy environment: so who is making the decision, what constraints are they under, etc. Discuss (succinctly!) what we're simplifying away, what we're assuming, and your opinion is of those assumptions.

3. Make a recommendation. Model the policy using the framework outlined above. Explain what trade-offs come out of the model, and what evidence you would like before making a recommendation.

What are the official sections of the course? At my course we cover:

  • Supply and demand
  • Consumer Choice
  • Choice under uncertainty
  • Cost minimization
  • Market Power
  • Asymmetric information

Reference no: EM131752082

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len1752082

12/6/2017 12:57:01 AM

Submissions - The article that you are discussing. One page typed, 11pt or larger, with a number (say, five or so) subheadings. One page for any graphs or similar that you require. (Hand-drawn and scanned is fine.). Marking - Points for the assignment are equally divided between (A), (B), and (C). Article choice is part of what’s being tested – so I can’t help with this - the key point is that the theory we’ve learned applies. The goal is not to produce long essays, and points will be subtracted for deviation from the guidelines above, and for failure to be clear, structured, and concise.

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