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Question 1: Briefly (three or four paragraphs) give reasons for your answer. (a) In studying the public sector, economists should use either positive or normative economics
how wage increase of fixed income groups'' will affect the overall economy? what are effects exactly?
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
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
what is volume of production and the factors influencing them
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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 d
Write a 6-8 page, DOUBLE SPACED review essay on one of the following titles. Although several editions exist for some of these titles, I encourage you to select a well edited an
explain the stages and various coordination mechanisms involved in policy processes
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