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q importance of heterogeneitythe importance of heterogeneity for public policy process can be summarized in two propositions- heterogeneity or
q define heterogeneitywe know that breaking of the assumptions of homogeneity of agents in welfare economics makes it difficult to define social
in economic literature policy instrumentation has usually been discussed from normative point of view in particular the analytical apparatus of
with a background from the previous section we now study some of the critical characteristics of policy process you have already studied earlier
q what can we do then while aiming at the public policy from the above one task emerges immediately that is of quantifying all economic and non
q relationship between individual preference and social choicesocial choice is a very kindred area some people dont make any distinction between the
q who will participate and how decision will be made are issues concerned with public choice whether participants are guided by social concerns or
q who permits government whatever it doesthe simple answer can be people in a democracy and the monarchdictator in a monarchydictatorship but neither
q why does government undertake an economic activity if ever an activity has large externality or spill over and includes a large number of people it
public finance was always dealing with intervention through fiscal instruments including federal relationships between different tiers of governments
the state attempts to oversee as exemplified by art 39 b and c of our constitution that private activities may not cause harm to the common good and
public economics can broadly be understood as that economics which deals withpublic intervention in the economy its domain is supposed to encompass
for a very large part of 20th century we may recall there existed capitalist market-oriented economies and socialist planning-oriented economies
why and how the state should intervene through government apparatusin the economic sphere of the country has been a significant discourse in
the term public economics came into existence only in 1960s however a few titleswith nomenclature such as public finance had already started covering
3 voters a b and c will decide by majority rule whether to pass bills on issues x and y every of the two issues will be voted on indiviually
apply general attribution theory to analyze and explain each party3939s attitudes and conclusions hint use consensus consistency distinctiveness
u4xg where x is private spending and g is public spending what is the marginal rate of substitution between public and
1suppose you are interested in assessing the value of a statistical life for individuals you nd a dataset on risk and wages you consider running the
how wage increase of fixed income groups3939 will affect the overall economy what are effects
explain the stages and various coordination mechanisms involved in policy processes discuss various factors that influenced the agenda setting
how has public policy helped to shape the way that urban americans have spent their leisure time throughout the period that we have examined in class
recent standardized test scores suggest that the milwaukee public school system is facing a profound moment of crisis a reality shared by school
free publicity is only the periodical subscription this is only in newsletter in which one spills the guts about publicity it is your chance to tap
the most significant area or tool for making a suggestion to a journalist or media is the press release which is more available these days one has to