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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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The history of Total quality management can be traced back to the 1920s. At that time, statistical theory was used to measure the quality of product. The whole idea was initially based on inspection w...

Unit 3 Individual Project
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I am grateful for this class because I’ve been learning new things every day and I can see my progress. In this chapter of Sentence errors from the Academy Refresher reflection, I learn that a r...

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Schering-Plough Company, a global pharmaceutical maker, was doing well in the market until the year 2000 when it landed itself in trouble and the company faced a lot of difficulties. It was running ou...

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Policy Evaluation

Policy Evaluation

Q This week consider efficiency as a main goal of policy evaluation and implementation. Do certain types of economic models lend themselves toward efficiency than others? Use material from our chapter readings and articles posted to our class this week to frame our forum.

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Efficiency can be considered as the main thing for policy evaluation and implementation. Without efficient policymakers, it is next to impossible to make a perfect policy evaluation and implementation in a proper manner. There are certain types of economic models that can lend the policymakers towards efficiency than others. Empirical models can be considered as suitable for understanding the efficiency that is needed for policy implementation and evaluation.