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Question 1:
" Public policy gives one a better understanding of what governments do, why they do what they do and what difference public policy makes to the lives and circumstances of communities"
Elaborate on this statement.
Question 2:
(a) What is rational policy? (b) Comment on the main barriers to rational policy-making?
Question 3:
(a) What are the main characteristics and dimensions of problems that stimulate government action?
(b) "All problems do not find a place, or a prominent place, on a policy agenda. Those opposing action on a problem typically strive to block its consideration, so as to deny it agenda status."
What are the main tactics that may be employed by the opponents of agenda status for a problem?
Describe the basic process by which an economy moves by a business cycle. What is meant by a demand-pull inflation? How does a demand-pull inflation vary from a cost-push inflati
explain the stages and various coordination mechanisms involved in policy processes
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general equilibrium analysis of taxation in shven and whalley (1984) article
Only limited progress has been made in modeling of dynamic process of institutional change, therefore, limiting the concerned policy options. It has been identified that innovatio
Jack and Jill live alone on an island. Their labour supply schedules are identical and given by L = (1 - t)w, where t is the income tax rate and w denotes the wage. Jill's wage i
with the aid of labelled production possibilty frontier explain the concept of opportunity cost
Types of production function
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