Bring your answer on disk and use cut and paste commands to insert your essay into the block. You may not want to try this if you are uncertain of your skills. Please provide both your real name and your electronic mail address. If you do not have an email address look here and go get one. The perspective added to the governmental process by an economics viewpoint is very enlightening.
Many people associate narrow opinions, prejudices, and propaganda with government.
The idea of a detached rational analysis for proposed governmental projects is the chapter's bottom line. Key points brought out in the first part of this course include the idea that choice occurs after a weighing of both the benefits and the costs of an action. The supply curve represents costs and the demand curve represents benefits, and we continue to purchase as long as the marginal benefits exceed the marginal costs, stopping at rest at equilibrium. Governmental decisions need to be analyzed in a benefit - cost framework, however, analysis is often difficult to apply to governmental action since some things are much harder to measure. If we do not clean the air, some in society may die from lung infections.