Should the government fund education or should it be funded privately? Why? Will the opportunity costs of each type of funding be the same or will they differ? Explain. Use PPF theory and economic reasoning to support your arguments.

Please be thorough.

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Darryn D'SouzaLv10

28 Sep 2019

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If a country should invest in education which level should get the majority of the funds? Should High Schools and Elementary Schools get the funding or should higher education? Which will have the greatest effect on the PPF? Why?

Please be thorough.

magentajellyfish891

Discussion: Externalities and Public Goods

Is education a public good? Does education have external benefits? If so, what are some of those public benefits? In your opinion are the external benefits large or small? Why? What should government do to promote the efficient provision of products that have external benefits? If you think that government should put more resources into education, what might be some of the opportunity costs of that decision? How would an economist determine the right amount of government support for education?

rubycamel31

The reading summarizes powers granted by the Constitution - some powers are granted to the Federal government, some powers are granted to state and local governments, some powers are shared.

After reviewing the assigned material on these powers, choose one of the following topics to discuss: education reform, drug legalization, same-sex marriage licenses/laws, and gun laws.

These are each controversial issues of federalism that some believe should be in the hands of the federal or state government or even shared between the two. You need to analyze the strengths of these arguments:

For the ONE topic you choose (education, drug legalization, marriage licenses, or gun laws), make the case for why the power should be in the hands of the federal government, the state government, or a shared power based on the powers listed in the reading.

Be sure to include an example from the list of powers in the reading to support your position in why the power belongs with the federal or state government or shared power.