Nobody downloaded yet

Economics - - Assignment Example

Comments (0) Cite this document
Summary
Instructor Date Age 21 Cost-Benefit Analysis of the Title I Chicago Child-Parent Centers The article is about the Cost Benefit Analysis of an early childhood program which is federally administered. CBA is the systematic process of calculating and comparing benefits and costs of a project…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.2% of users find it useful
Economics - Assignment
Read TextPreview

Extract of sample "Economics -"

Download file to see previous pages It involves the element of comparing the total expected costs against the total expected benefits. To be precise it looks for one fact only; whether the project is a gain project or loss project. The literature background for such study was that previous researches showed that programs designed for early childhood involvements effected child’s health and well-being beneficially. Good quality of involvements was directly related with improved health status, rational skills, accomplishment motivation and keenness at school. This study is the further extension of such results to check whether such programs do influence children positively or not. For the CBA the research was carried out in Chicago Child- Parent Centers located in Public schools. These centers are believed to provide educational and family support services to low -income children between the ages of 3 to 9. The data collected was from 1,539 programs and a comparison group of children selected who were born in 1980. These children were the participants of Chicago Longitudinal Study. The measures of program participation were considerably but not only associated with higher school achievement and with higher school completion and also with lower rates of remedial education services, juvenile delinquency which is popularly known as youth crime and children maltreatment which means treating children abusively. The economic analyses showed that the economic benefits of the pre- school participation and School- going participation exceeded the costs. This indicated that a public program established for such things proves to be beneficial. If the article is critically analyzed, one would find strengths and challenges within it. The strengths would show the strong points in the argument of the article and the flaws within the argument. The strengths of the article can be analyzed in the following way: I. The first recognizable strength of the article is that it gives CBA of such programs which promise to play a positive role in a child’s health and well -being. Different benefits of these programs are listed in such an order that they give a comprehensive insight into the benefits of early childhood programs. The program benefits are termed as ‘reductions in expenditures for remedial services’, ‘increase in lifetime earnings, compensation, and government tax revenues’, ‘reduction in expenditures in the criminal justice system for youth and adult program, ‘reduction in tangible expenditures to crime victims of youth and adults and ‘reduction in expenditures for the child welfare system and the victimization form the child abuse and neglect’. The analysis is a comprehensive analysis of such programs, with the help of research methods and data collection; the benefits stated add an objective element to it. The literature part and the analysis part seem to go hand in hand because of the mutual argument. The analysis part is basic strength of the article because of the systematic listing of the benefits. The findings add to the knowledge about the welfares of early childhood programs for low- income children. II. Secondly the research itself lies down as the literature review for the future analysis and researches. The results stated prove to be the background for the researches to be carried out in the same field. Results are brought out in such dimension that they promise to be valid and reliable; thus fulfilling the quality of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Economics - Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
Economics - Assignment Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/macro-microeconomics/1470176-economics-assignment
(Economics - Assignment Example | Topics and Well Written Essays - 1000 Words)
Economics - Assignment Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/macro-microeconomics/1470176-economics-assignment.
“Economics - Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/macro-microeconomics/1470176-economics-assignment.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economics - Assignment

Economics

...?Task 2 A. Explain the relationship between elasti of demand and total revenue for the following ranges along the demand curve, using the attached “graphs for elasticity of demand, total revenue”. Include the impacts to quantity demanded and total revenue when there is a price decrease, ceteris paribus 1. Elastic range 2. Inelastic range 3. Unit-elastic range The figure shows how total revenue and elasticity of demand are related to the demand curve or the average revenue. 1. Elastic range (e > 1): In the first part of demand curve elasticity of demand is greater than one which means that it is elastic range. Moving downwards from the point D on the demand curve to the midpoint C, absolute value of the elasticity of demand, though...
10 Pages(2500 words)Assignment

Economics

...?Economics When I took vows as a president of USA, the nation was facing consequential global challenges. 18 out of the 20 initial public offerings took place out of the country. The country was undergoing its worst crisis. The unemployment level was expected to reach 9 percent, which was presently at 7.6 percent, the highest in the last 16 years. The disappearing jobs and the devaluation in the home prices had compelled the consumers to cut down on their costs which adversely affected the labor market as the business laid off their workers to reduce costs, eventually making the country enter into a vicious downward cycle. (Anderson and Cavangh, 2004)  The unemployment rate accelerated from 9.7 percent to 9.8 per cent in...
2 Pages(500 words)Assignment

ECONOMICS

...MONOPOLY ---MICHIGAN CABLE SERVICE Introduction It is universally accepted fact that cable services providers should be given a reasonably free hand to give the best possible services to their consumers. However, the customers have a right to choose from a number of service providers to get what they want. While it is in this direction that many govt. regulations have come up, the main responsibility of the govt. agency should be to monitor the situation, while keeping a strict check on the monopolistic conditions that may be manipulated by a couple of service providers for a particular area. As we can observe presently, the two main providers for the area of Michigan are AT&T and Comcast; they may be creating conditions... ---MICHIGAN CABLE ...
2 Pages(500 words)Assignment

Economics

...Critical assessment of two articles on the methodology of economics One important topic that is least discussed and that does not receive adequate attention in economics is that one on the methodology. By methodology, this paper refers to the fundamental approach taken by economics in building theories, hypothesis, and principles used in analyzing issues and formulating policy recommendations. Oftentimes, economics strongly asserts or assumes that the world behaves according to the models that it has developed and recommends policies based on models that do not adequately consider or factor in social and historical contexts. At the core of the concern for methodology in economics is a concern on how economics acquire knowledge... on the...
5 Pages(1250 words)Assignment

Economics

...easily outstripped easyJets capacity increase over the recessionary period of just 0.8%, indicating that demand is still matching its growth strategy despite the Europe-wide recession. Gert Zonneveld, analyst at Panmure Gordon, said easyJet had weathered the recession so far but a lengthy downturn could dampen the airlines recovery. "The company is performing well given the current economic environment, but a sustained downturn could clearly delay a profit recovery." Ryanair’s CEO Michael O’Leary commented on the tough recessionary times the airline industry was facing and he added “Ryanair’s ability to grow both traffic and profits during the half year is a testament to the strength of Ryanair’s lowest fare model, and...
3 Pages(750 words)Assignment

Economics

...to farmers by feeding animals or offering it at a reduced price prices to those in need of it, in other countries. However, the policy of paying the farmers the supply price is costly than that of buying the surplus because the price paid to farmers in inevitably higher than the price received from the sale of surplus. 1f) both Policies will produce equal net economic benefit because the cost associated with both policies affect the society directly, and are subtracted from the producer and consumer surplus. From the graph, the net economic benefit is shown by the triangle Q1P1QE. QUESTION 2 a) In the real world environments, firms are not identical because technology changes continually and diverse...
2 Pages(500 words)Assignment

Buddhist Economics

...Buddhist economics The ‘Right to livelihood’ is a religious requirement in Buddhism as it is in Buddha’s Noble Eightfold Path. In this case, economics is a common concept in the Buddhist religion. Buddhist countries have embraced the connection between the economy and modern technology. This makes then agree in concept and ideology on economy. Similarly to modern economist, Buddhist economists believe in wealth as an outcome of human labour (Schumacher, 1). However, the current economic concepts consider human labour to be an item of cost rather than a building factor of wealth. In this case, it is ideal to reduce human labour or get rid of it completely. Modern economist relies on...
1 Pages(250 words)Assignment

Economics

...Trade Agreement Types Affiliation: Q Trade agreements play an influential role in the global political economy. They enhance domestic, regional, and international relationships among trade partners at every level of a given trade agreement. There are six main types of trade agreements, namely: free trade treaties, customs union, customs preference agreement, economic union, common market, and political integration (Carbaugh, 2012). In free trade treaties, two or more countries come together to eliminate barriers to trade, which are customs and/or non-customs in nature. Under customs union, member countries engage in free trade while maintaining a uniform tariff policy for trade activities involving non-member countries....
1 Pages(250 words)Assignment

Economics

...or imperfect competitive market has the common objective of profit maximizing. In case of perfect competition market the profit maximization suppose a firm sells an output (Q), then its economic profit is given by- Where, TR (q) is Total Revenue TC (q) is Total Cost Since P is taken as given, firm chooses q to maximize profit. Since firm is a price taker, increase in TR from 1 unit change in Q is equal to P- But in case of imperfect competitive market such as monopoly or monopolistic market is derived mathematically as- Max p(Q) = TR(Q) - TC(Q) where: TR(Q) = QP(Q) and P(Q) is the (inverse) market demand curve. The monopolists profit maximization condition: DTR (Q)/DQ =...
4 Pages(1000 words)Assignment

Economics assignment

... Economics Assignment Limit Pricing: It is an exploitive pricing strategy imposed by a firm to make a market unprofitable for other interested players, as the prices set for the products are lower than the production cost (Hirschey 564). Economics of Coupons & Rebates: It is a strategy, which attracts product consumers to make frequent purchases in order to benefit from the discounts or additional units provided (p. 565). Cross-subsidy Pricing: It is an exploitive strategy, which allows a firm to acquire its target profits by charging different prices to its consumers without their knowledge because of the reduced level of transparency (p. 565). Creaming or Skimming Price Policy: Product innovators who price the goods in order... . The...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Economics - Assignment for FREE!

Contact Us