taking on the role of economic experts advising an international media team on
taking on the role of economic experts advising an international media team on its production of a documentary that explains the economic perspective on major environmental problems in KENYA and how these can be resolved.
Explain how the economic analysis of externalities provides an argument for government intervention to address environmental problems and;
(2) Use economic analysis and evidence to discuss policy options relating to one of the major environmental problem faced in each of the group’s countries.
GUIDELINES
focus on, for example, the external costs associated with particular kinds of pollution problem
You should explain the economic policy implications of the economic analysis of the problems you discuss e.g. by assessing the measures being taken or the policies you would recommend if different.
Economic theory with diagrammatic analysis. Specifically, analysis explaining why external costs result in divergences from socially optimal levels of, for example, pollution and how government policy such as taxation can be used to address environmental externality problems
Diagrams, graphs, tables or other illustrations where needed and explanation of your analysis using concise English (cite any sources for added content).