Using the materials provided, write an essay that addresses the following:
Description of the Issue:
Use the news and reports materials to describe and summarize the current state of obesity in the US and around the world for adults and children.
Justification for Policy Interventions:
Use the reading on the cost of obesity to discuss the economic justifications for public policy interventions in the areas of adult and childhood obesity. Examples include topics in market-failure like an externality problem or a public goods problem. Other possible areas include normative economic justifications like fairness or paternalism.
Evaluation of Policy:
Discuss the economics of a per unit tax on soda (i.e. an excise tax on soda or high-sugar drinks). What does economic theory predict? In theory, how does this specific policy address obesity? In theory, how does such a tax help address the cause for the policy intervention (i.e. how does the tax solve a topic in market-failure like externalities / public goods; or how does it solve a normative economic concern).
Summarize the empirical research on the effectiveness of soda taxes. Relate these findings to economic theory and to the goal of the policy intervention.
Your Policy Recommendations:
Using the reading on the determinants of obesity and the research findings on soda taxes, discuss your policy suggestions.
The post Using the materials provided, write an essay that addresses the following:
Descr appeared first on Skilled Papers.
