Question
Econ 202: Principles of Microeconomics Public Policy Analysis Assignment Your Challenge: (1) Identify a current federal, state, or local public policy issue that: (a) interests
Econ 202: Principles of Microeconomics
Public Policy Analysis Assignment
Your Challenge:
(1) Identify a current federal, state, or local public policy issue that: (a) interests you, (b) allows you to apply microeconomic reasoning
(2) Research your issue to familiarize yourself with the major policy and microeconomic arguments that relate to your issue.
(3) Apply at least one microeconomic concept such as incentives, marginal thinking and sunk costs, opportunity cost, elasticity, competition, externalities, public or common property goods, efficiency, poverty and/or equity, etc., to develop a policy position regarding your issue.
(4) Identify your target audience and advocate for your position.
Example Public Policy Topics:
Traffic Control, Gas or Other Product Taxes, Education Reform, Crime Deterrence, Pollution Control, Poverty and Inequality, Price Control Policies, Monopoly Regulation, Safety Regulation, Drug Policy, Health Care Reform, Social Security Reform, Farm Subsidies, Protection of Species, Funding for a Public Good, etc.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started