Economics of Government Policies

Any special requirements:The reports should be submitted on the Student Portal along with an acceptable Turnitin" rel="nofollow">in Report. Word Limit: 2500 words for in" rel="nofollow">individual assignment (+ or – 10%) Deadlin" rel="nofollow">ine date for submission: 11th of August 2016, 2 pm Learnin" rel="nofollow">ing outcomes to be examin" rel="nofollow">ined in" rel="nofollow">in this assessment a) Evaluate alternative approaches to analysin" rel="nofollow">ing the effectiveness of public policy. b) Assess the impact of government policies on selected areas. c) Collaborate effectively within" rel="nofollow">in a team towards an economic analysis of a problem of government policy. Percentage of marks awarded for module: These assignments are worth 100% of the total marks for the module. Assessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, style, relevance, Clear demonstration of rigorous research from recognised 50% 2 Page 2 of 4 origin" rel="nofollow">inality authoritative sources. Audience focus; professionalism in" rel="nofollow">in explain" rel="nofollow">inin" rel="nofollow">ing the issues to be resolved and selection of an appropriate methodology and dataset. Format, referencin" rel="nofollow">ing, bibliography * The limit is not a guide, it is an in" rel="nofollow">instruction. * Do not stray in" rel="nofollow">into tangential material. Always ask yourself – is what I’ve written relevant to the question set? * Copy and Paste. Please try to refrain" rel="nofollow">in from doin" rel="nofollow">ing this. * Font size. Please use font size of approx TNR 12, Arial 12 size. * Double space. *Read (aloud) what you have written. If we can’t understand your argument, you will not get any credit for it. * The Study Skills Handbook and Module provide detailed guidance on referencin" rel="nofollow">ing. Ensure you reference your citations usin" rel="nofollow">ing the Harvard method. 10 % Constructive critical analysis, in" rel="nofollow">introduction, conclusion As important as havin" rel="nofollow">ing defin" rel="nofollow">ined and solved a bright model is to have gathered the in" rel="nofollow">insights from it and bein" rel="nofollow">ing capable of explain" rel="nofollow">inin" rel="nofollow">ing what has been learned from the exercise. Furthermore, it is required to provide several proposals and establish the arguments again" rel="nofollow">inst and in" rel="nofollow">in favour of 40% 3 Page 3 of 4 every alternative. Candidates must clearly label their ID Number on additional separate reference, formula or answer sheets. Assignment Answer both topics. Topic 1: Rent control in" rel="nofollow">in London (50 Marks) Your first report will explore and evaluate the academic theory and evidence of rent controls. There is currently a popular onlin" rel="nofollow">ine e-petition circulatin" rel="nofollow">ing that proposes a rent cap of a maximum of £75 per week for a room in" rel="nofollow">in a shared London accommodation. If the petition is successful, it will be debated in" rel="nofollow">in the House of Commons. You are here to provide an economic report to policy makers on the situation concernin" rel="nofollow">ing the justification of a rent cap in" rel="nofollow">in London. Structure your report as follows: a. Introduction (100 words) b. Economic theory (300). In this section, you need to outlin" rel="nofollow">ine how the effect of a rent cap is conceptualised by economic theory. You should use charts where appropriate. c. Literature review of empirical studies (600). Provide a comprehensive literature review. Outlin" rel="nofollow">ine the most in" rel="nofollow">influential groups of studies. Fin" rel="nofollow">ind at least six peer reviewed journal articles. Critically discuss potential differences in" rel="nofollow">in opin" rel="nofollow">inion, methodology and results. Make sure you reference correctly (Harvard Style). d. Conclusions (250). Provide a summary of your fin" rel="nofollow">indin" rel="nofollow">ings. Judge whether theory and empirical literature provide a conclusive answer to the question. Use your fin" rel="nofollow">indin" rel="nofollow">ings to judge the impact of a rent control in" rel="nofollow">in London. Provide a clear and concludin" rel="nofollow">ing recommendation to the policy makers. Topic 2: Immigration and its both economic and social effects (50 Marks) You will have to write a second report that explores and evaluates the academic theory and evidence on the impact of immigration on the UK society. Structure your report as follows: a. Introduction (100 words) b. Economic theory (300). In this section, you need to outlin" rel="nofollow">ine how the effect of immigration on welfare is conceptualised by economic theory (Disregard in" rel="nofollow">initially any other externalities like the impact of immigration on social capital through, for example, an in" rel="nofollow">increased ethnic fractionalization). You should use charts where appropriate. c. Literature review of empirical studies (600). Provide a comprehensive literature review on both immigration affectin" rel="nofollow">ing welfare and social norms like trust, corruption or crime rates. Fin" rel="nofollow">ind at least six peer reviewed articles. Make sure you reference correctly (Harvard Style). d. Conclusions (250). Provide a summary of your fin" rel="nofollow">indin" rel="nofollow">ings. Judge whether theory and empirical literature provide a conclusive answer to the question. Usin" rel="nofollow">ing the most compellin" rel="nofollow">ing 4 Page 4 of 4 evidence, answer whether immigration in" rel="nofollow">into the UK should contin" rel="nofollow">inue, whether it should be restricted by certain" rel="nofollow">in entry criteria such as education, age, profession or ethnicity, or if it should be limited by settin" rel="nofollow">ing a quota.