TAILIEUCHUNG - Lecture Principles of economics - Chapter 13: The environment, health, and safety

This chapter focuses on how economic concepts can be used to analyze health care finance, environmental policy and workplace safety issues. This is the second of three chapters on the Economics of Public Policy; all three chapters apply the tools developed in Chapters 1 through 12 to a series of public policy issues. | Chapter 13 The Environment, Health, and Safety McGraw-Hill/Irwin Copyright © 2015 by McGraw-Hill Education (Asia). All rights reserved. Learning Objectives Use economic analysis to show how . health care system can be improved Compare and contrast the ways in which taxes and tradable permits can be used to reduce pollution Apply the Cost-Benefit Principle to improve workplace safety Show how economic analysis contributes to debates regarding public health and domestic security spending Introduction In the United States, Carter Administration proposed response to oil shocks (1979) Add 50 cents/gallon to gas tax and rebate proceeds by reducing Social Security taxes Policy would Reduce gas consumption and dependence on foreign oil Reduce air pollution Reduce traffic congestion Opponents won by arguing that consumers would buy the same amount of gas due to rebates Sound policies depend on a solid understanding of economics by politicians and voters This chapter looks at policies that

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• Principles of economics
• Lecture Principles of economics
• Health care delivery
• Alternative coverage scheme
• Policy implications
• Health maintenance organization
• Ten principles of economics
• People face tradeoffs
• Opportunity cost
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• Economics of information
• Consumer choice
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• Scarce resources
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• Principles of agricultural economics
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• Theory of consumer behaviour
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