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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.
explain the stages and various coordination mechanisms involved in policy process?
The fragmentation and redundancies of the U.S federal system are expensive in terms of coordination and personnel costs. Would you favor or oppose greater consolidation? Why or why
In terms of the debate in the media on state owned enterprises ,explain the decreasing cost case and the possibility of privatisation of SOEs such as Eskom and SAA
A change in the legal statute may be able to force an equilibrium if it leads to a new equilibrium which implies some revised belief which sustains the equilibrium. Tirole (1996)
how wage increase of fixed income groups'' will affect the overall economy? what are effects exactly?
QUESTION 1: Assuming that you are a consultant on the ‘Light Rail' project and you are asked to forecast demand for this mode of transport. What are the forecasting techniq
Problem 1: i) Define the three main Economic Systems? ii) How can knowledge on price, income and cross price elasticity of demand, be helpful to the Government and a firm,
Horners method - C program: Modify the program to implement the details for the recursive function called horners(double b, int n) that calculates Horner's method for a coeff
As we know now that in policy process, policy outcome may differ from the social planner outcome not only because different policies may be chosen but because a given policies may
Assume the Working Income Tax Benefit tops up a single individual's income by 25 percent of the amount that employment earnings exceed $3000, up to a maximum payment of $950. Suppo
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