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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.
Public Finance was always dealing with intervention through fiscal instruments, including federal relationships between different tiers of governments and later on it subsumed Publ
Suppose that economic outcomes can be classified as either good or bad. Governments differ in ability and this affects the likelihood of good outcomes. There are two types of gover
According to estimates by Goolsbee and Petrin (2004), the elasticity of demand for basic cable service is ?0.51, and the elasticity of demand for direct broadcast satellites is ?7.
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Assignment This assignment will provide you with insight on how others perceive you. It will be particularly useful in situations in which you find differences in self-other resul
Discuss whether high indirect taxes are the best way to discourage smoking.
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Q. Relationship between individual preference and social choice? Social Choice is a very kindred area. Some people don't make any distinction between the two while others make.
Graphthe market for water park business, labeling the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output. What is the p
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