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:hOMEWORK:
We ♥ it don't we? ((:
Tutorial Workbook Pg 29-30
Case study question on "the smoke in Asia's Eyes"
*Economics Blog
A: From Mr Ho
Research on and post answers to the following questions on the economics class blog:
(i) List and explain 1 form of market failure in the form of externalities that you can observe from everyday life.
(ii) List and explain in a government policy used indealing with the externality
(iii) Examine and evaluate the policy and provide arguments on the advantages and disadvantages of the policy
B: Posted by Econs Dept during Lecture
Here are the questions, start posting! - Would a ban on plastic bags achieve Economic Efficiency in Singapore? Explain your answer.
- Which type of externalities do the use of plastic bags constitute? Give examples.
- Suggest alternative measures other than banning the use of plastic bags.
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