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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.
Quantitative policy process depends on a portfolio of tools that have been drawn from a variety of disciplines besides discretionary political decision. Over the past two decades
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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
One shortcoming of neoclassical welfare economics is that it does not take into account the institutional structure of collective decision making. To draw normative conclusions abo
Select a current political, social or environmental issue that is receiving coverage in the media, or choose an organisation you feel needs a better public relations approach, and
Let us now consider a situation in which we know the timing of a change in policy but are unsure about the composition of the future policy. The association of different policy co
what is the problem of double taxation??
Are there any current subsidy or welfare issues that are being discussed or addressed in parliament or municipalities?
Write a short note on product mix efficiency?
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