Cost-Benefit Analysis, Economics of Regulation
This is an open book assessment and covers the following topics: Cost-Benefit Analysis, Economics of Regulation, Public Finance and Taxation, Asymmetric Information, Choice under Uncertainty, Social Welfare and Income Distribution.
Cost-Benefit Analysis Economics of Regulation
Instructions:
This is an open book assessment and covers the following topics: Cost-Benefit Analysis, Economics of Regulation, Public Finance and Taxation, Asymmetric Information, Choice under Uncertainty, Social Welfare and Income Distribution.
You are free to consult text books, published journal articles, and budget documents. However, please provide proper referencing.
Please submit as a PDF document
Your essay should be concise and well structured. Maximum of 2 pages essay.
1. Critically evaluate Fiji’s COVID-19 response budget and discuss its implications for revenue, also expenditure and public debt.
2. Discuss why “balanced economic regulation” and not excessive economic regulation, is necessary during the COVID-19 pandemic?
3. Additionally, Discuss three strategies individual and institutional investors can use to maximize their return on
Investment under current financial market conditions.
4. Evaluate the (in) effectiveness of fiscal policy in the Pacific Islands during the current COVID-19
Pandemic.
More details;
What is economic theory of regulation?
The decision a consumer makes when outcomes are uncertain is based on limited information. If more information were available, the consumer could reduce risk. Since information is a valuable commodity, people will be prepared to pay for it.
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