Public Policy Final Exam Notes

Front 1

two energy characteristics

Back 1

tradable good
price afects production and consumption

Front 2

three negative impacts of government energy regulations

Back 2

money used to regulate energy is taken away from things that can't be regulated by market
inefficient businesses that end when subsidy ends
immoral climate of rent seeking

Front 3

Dealing with Energy externalities through

Back 3

defense policy
research policy
welfare policy
environmental policy

Front 4

goal of environmental policy

Back 4

clean air, water, safe food, and visually attractive landscape

Front 5

market incentives model 2 strategies

Back 5

make existing market arrangements operate better by regulating things such as price
create market in previously untraded good

Front 6

arguments in favor in market incentives 5

Back 6

achieves same policy objective at a lower cost
choose technique that best maximize the profits
government cannot match the information processing attributes of the market
minimizes government intrusion
needs less admin. enforcement

Front 7

arguments against an incentives scheme

Back 7

determining tax level is hard
still requires some admin.
enforcement difficult
small businesses more likely to fail
some valued goods should not be considered private property
assigning prices to natural resources devalues them
no morals if only incentives drive people
and low political feasibility

Front 8

two principles of US education policy

Back 8

education free and universal
local control and state right

Front 9

Serrano v priest (1971)

Back 9

found that equal opportunity denied through property taxes funding schools

Front 10

Rodriguez v San Antonio (1974)

Back 10

stated that right to education not in constitution so fed. govt. has no involvement in schools

Front 11

Rossell's conditions for true bilingual education 4

Back 11

1. enough students of a single language to fill classroom by combining two grades
2. native tongue with roman alphabet
3. teachers and students all speak same non-english language
4. published textbooks in native tongue for US curriculum

Front 12

Efficiency of English Fluency approaches 4

Back 12

1. structured english immersion
2. regular classroom with ESL
3. doing nothing
4. bilingual education

Front 13

human capital theory

Back 13

education makes you more productive

Front 14

solutions to childcare and preschool 2

Back 14

1. subsidized childcare (publci schools have before and after school care on site)
2. universal preschool age 2

Front 15

solution to confusion over test scores and quality of US education 3

Back 15

requires disclaimers on all publications of standardized achievement test results
norm referenced tests
criterion referenced tests

Front 16

command and control in education policy 3

Back 16

state regulation on hours, curriculum and minimum standards

Front 17

market incentives in education policy 5

Back 17

magnet, specialty schools, vouchers, school choice, charter schools