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16232 Economics for Policy Analysis

Question

Answered

Assessment Question:

In this group assessment, students are expected to critique cost-benefit analysis. Over the next 2-3 weeks students are expected to develop a sound understanding of the limitations of cost-benefit analysis (CBA). This will include:

  • A lecture on the limitations of CBA (23 Sep. 19)
  • Reading of at least 5 articles/papers on the topic during the week from 23-29 Sep, and
  • Group discussions to reflect on and discuss their learning (starting on 30 Sep during the tutorial class).

Each group is expected to summarise the key points of their learning and discussion in an Executive Summary and a Group Video.

A clear, concise and well-structured Executive Summary and a clearly presented and engaging Group Video (25 marks) should be submitted considering the below points:

  1. Provide a clear introduction to CBA (including a definition and usefulness)
  2. What are the key limitations of CBA [including any ethical (moral) concerns]
  3. How can these limitations be addressed? Do alternative approaches do better?

16232 Economics for Policy Analysis

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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ECN601-Economics

Part A Respond to the following post. Responses can include information such as explaining why this is a good example; why the considerations the person speaks of are beneficial to/for the company, possible benefits or opportunity cost to stakeholders, and if there is anything else that could help ...

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Q

Management

Students are required to write a report about macroeconomic condition of one of the Australian trading and investment partners in recent years (e.g. China, Japan, the US, South Korea, Singapore, New Zealand, the United Kingdom, Thailand, Malaysia, Germany, Indonesia, Canada, Philippines, Saudi Arabi ...

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A Posterior Probability

1 ECONOMICS ASSIGNMENT 2 Question 1 The imperfect information about a market is the lack of knowledge of one of the firms in the market about the action of another firm. However, the incomplete information is the lack of whole knowledge about the ot ...

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Separating And Pooling Equilibrium

PS7 Managerial Economics Your name here Spring 2021 1. What is the difference between “imperfect” and “incomplete” information? Imperfect information: we don’t know what actions others take, but we know their intentions/preferences payoffs. Incomplete information: don't ...

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