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Examine issues and decisions using the economic way of thinking; identify appropriate economic policy; communicate economics in written format
Topic
Upon finishing your degree you get a job in the government department responsible for climate change policy. Your senior manager, who does not have a background in economics, argues that developing climate change policy is best left to scientists since climate change is essentially about physical processes.
Write a short briefing paper for your senior manager explaining why human-induced climate change is an economic issue, and how economics can contribute to designing policies aimed at addressing the twin challenges of mitigating against further climate change and helping adaptation to the impacts of climate change.
Your briefing note should include an explanation of why climate change is essentially an economic problem; a description of at least one economic policy that is aimed at climate change mitigation; a description of at least one economic policy that is aimed at promoting efficient adaptation, and; a description of at least two features of climate change that make designing climate change policy particularly challenging.
Problem: (a) What do you meant by public policy? What does the study of public policy involve? (b) How are problems that might lead to public policy identified and defined?
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3 voters, A, B, and C, will decide by majority rule whether to pass bills on issues X and Y. Every of the two issues will be voted on indiviually. The change in net profits (in dol
One of these is deregulator or privatization of public enterprises or utilities. Deregulation is a world wide phenomenon. But experience of power failure in California and Mumbai r
PIGOVIAN APPROACH Pigou assumed that the aim of social policy is to 'promote welfare'. But in order to simplifL this, he chose to restrict the range of his inquiry to
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What are the properties and limitations of GDP as a social welfare function?
types of welfare economics
Q. Show the Redistribution Policy? We know that despite policy interventions the disparity of income has been increasing in nearly all the countries. United States is highly un
There is no doubt that the environment surrounding business organizations play an important role in influencing the decisions of those organizations and their strategic plans. That
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