There are two parts to the assignment
(i) In economics, how does the Production Possibility Frontier illustrate the ideas of production, allocative and distributional efficiency? Explain your answer with diagrams.
(ii) Consider, for a country of your choice, the main challenges faced in terms of productive, allocative and distributional efficiency. What current or future policies would help to improve the economic efficiency of that country? Explain your answer with relevant statistics.
The assignment is 1000 words. You will need to submit on Turnitin AND give your teacher a paper copy of your work.
WRITING EXERCISE – ECONOMIC EFFICIENCY
1. DISCUSS THE IDEAS OF ECONOMIC CHOICE, SCARCITY AND RESOURCES; THE ADVANTAGES AND DISADVANTAGES OF DIFFERENT ECONOMIC SYSTEMS, PRODUCTION POSSIBILITY CURVE AND ALLOCATIVE, PRODUCTIVE AND DISTRIBUTIONAL EFFICIENCY.
2. DESCRIBE THE ECONOMY OF THE COUN TRY YOU ARE FROM.
FOR EXAMPLE:-
– SIZE OF ECONOMY (GDP)
– POPULATION
– SIZE OF WORKFORCE
– RATE OF ECONOMIC GROWTH
– MAIN SECTORS/INDUSTRIES
3. WHICH INDUSTRIES AND SECTORS ARE MAINLY RUN BY PRIVATE ENTERPRISE (FREE MARKETS)?
4. WHICH INDUSTRIES OR SECTORS ARE RUN MAINLY BY THE GOVERNMENT?
5. WHAT ARE THE MAIN WAYS THE ECONOMY NEEDS TO DEVELOP? EXAMPLES – TRANSPORT, EDUCATION AND SKILLS, INVESTMENT IN THE PRIVATE SECTOR, LAND REFORM, SOCIAL EQUALITY?
6. DO YOU THINK THE MAIN ECONOMIC PROBLEM FOR YOUR COUNTRY IS ALLOCATIVE, PRODUCTIVE OR DISTRIBUTIONAL EFFICENCY? HOW CAN THIS INEFFICIENCY BE IMPROVED?
7. CONCLUSION: SUMMARISE YOUR POINTS AND WRITE A SENTENCE OR TWO ON THE WAY FORWARD.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT ?
Our Service Charter
-
Excellent Quality / 100% Plagiarism-Free
We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers. -
Free Revisions
We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed. -
Confidentiality / 100% No Disclosure
We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service. -
Money Back Guarantee
If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit. -
24/7 Customer Support
We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.