Students need study chapter 5: More Choice: The Battle Over Regulatory Economics from textbook Environmental Politics and Policy, 10E (Walter A Rosenbaum, 2017), write a reflection journal that addresses the impacts of environmental policy on economics by facts, data, and/or case studies covered in textbook.
The journal must be well organized essay format and cover ALL following areas (but not limited to):
Give a brief description of the benefit – cost debate history in the United States, including (a) the arguments upon regulatory impact analyses, (b) the features of the second generation of benefit-cost analysis, (c) the varieties of benefit – cost analysis, and (d) the continuing problems of benefit – cost analysis.
Compare two regulation strategies of command and control versus the marketplace, including goals and objectives, criteria and standards, strengths and weakness of each strategy.
This is a reflection journal, which means you need demonstrate your learning outcomes from assigned material. The textbook is required and primary study source. You need indicate the page number(s) to show where you learn the key points and the important definitions/keywords when needed.
No need to refer to the materials other than textbook. If you do use supplementary materials, you must cite by using APA or MLA format.
The rubric shows how this assignment will be graded.
Late submission will NOT be accepted OR ONLY receive partial points with my permission.
TEXTBOOK: Rosenbaum, W. A. (2016). Environmental Politics and Policy. United States: SAGE Publications.
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