1. Micro topic
“Critically discuss the efficiency and equity implications of using income-contingent taxes or loans to fund tertiary education in South Africa.”
In response to the above make sure to write on each of these themes:
1) economic rationale, 2) equity rationale, 3) theoretical/model
rationale, and 4) South African context.
2. Macro topic:
“Discuss the impact of public debt on government finances in developing economies focusing on South Africa”.
Answers to Above Questions on Economics
Answer to Above Question
Answer 1: Efficiency and equity or important factors in determining the policies to fund tertiary education in South Africa. The efficiency is achieved in the form of resource allocation as the income contingent taxes or loans help significantly in improving the efficiency in funding tertiary education.
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