Public Economics And Welfare Policy
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Public Economics And Welfare Policy
Public economics is the branch of economics that deals with the financial and economic aspects of
government policies and programs. It examines how government policies affect the economy and
society, and how they can be designed to achieve specific goals such as improving social welfare and
reducing poverty.
One important area of public economics is welfare policy, which deals with government policies and
programs aimed at helping individuals and families in need. These policies can take many forms, such as
cash transfers, food assistance, housing vouchers, and tax credits. The goal of welfare policy is to
provide a safety net for those who are unable to support themselves, and to reduce poverty and
inequality.
One major debate in welfare policy is the best way to design and implement these programs. Some
argue that government should provide a basic income, or guaranteed minimum income, to all citizens
regardless of their work status. This would help to reduce poverty and provide a safety net for those
who are unable to find work. Others argue that welfare programs should be targeted to those who are
most in need, such as low-income families with children. This would help to ensure that resources are
directed to those who are most in need, and reduce the potential for abuse and fraud.
Another important area of public economics is the design and implementation of tax policies. Tax
policies are used to raise revenue for government programs and services, but they can also be used to
redistribute income and wealth, and to encourage certain types of economic activity. A progressive
income tax, for example, can be used to redistribute income from high-income individuals to low-
income individuals, and to reduce inequality. On the other hand, a flat tax or regressive tax would have
the opposite effect, and would increase inequality.
A crucial aspect of welfare policy is the proper distribution of resources to the intended recipients. The
design and implementation of welfare programs can be complex, and there are often trade-offs
between the goals of reducing poverty, improving social welfare, and reducing fraud and abuse. One of
the most important challenges in welfare policy is to find the right balance between these goals, and to
design and implement programs that are both effective and efficient.
Additionally, welfare policies are often evaluated based on their impact on poverty and inequality. One
measure commonly used to evaluate welfare policies is the poverty rate, which is the percentage of the
population living below a certain income threshold. Another measure is the Gini coefficient, which
measures the degree of inequality in a society.
In conclusion, Public Economics is the branch of economics that deals with the financial and economic
aspects of government policies and programs, and welfare policy is one of the most important areas of
public economics. It examines government policies aimed at helping individuals and families in need,
such as cash transfers, food assistance, housing vouchers, and tax credits. The goal of welfare policy is to
provide a safety net for those who are unable to support themselves, and to reduce poverty and
inequality. This can be achieved through a variety of policies, such as a basic income, targeted welfare
programs, and progressive income tax. However, the design and implementation of these policies can
be complex and requires careful balance of different goals.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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