Introduction:
This is the major assignment for this subject and forms the basis of your oral presentation to the class.
Details:
You must select a current environmental policy (regulation/legislation) for critical evaluation.
It is necessary to critically analyse the policy for its economic implications.
You must reach conclusions about the effectiveness of the policy and make any recommendations about changes that you think are necessary.
In answering this part of the assignment ask these questions-
1 What market deficiencies (problem) is the government trying to rectify)
2. How successful is the current policy in rectifying the problem?
3. What changes would you enact to enhance the effectiveness of the policy?