1.) Managing economic challenges and coming up with policy
solutions is a tricky task. When striving to optimise overall
wellbeing, every policy decision involves some sort of trade-off.
An essential element of good policy-making is to consider these
trade-offs, by weighing up the costs and benefits, across the
short-term and long-term, and identifying the winners and losers of
a policy change. What have you learnt in this course about
trade-offs? Referring to any of the topics that we have covered...