Explain how economic principles are used in the design of the policy

Write a 4–5-page paper (including the title page and reference list), that accomplishes all of the following: Explains the policy Gives an example where it has been used Explains why it is has improved the problem it was meant to correct Explains how economic principles are used in the design of the policy 1) The paper should be well organized, with an introduction at the beginning and a summary at the end of the paper. Include a title page and an abstract. 2) The introduction should clearly explain what follows in the paper. 3) The body of the paper ought to go through each of those supporting points and in turn support them with data and logical discussion. 4) Use headers and sub headers to clearly demarcate sections of the paper, where different topics are being treated. 5) The summary needs to be a distillation of the body of the paper. It should remind the reader of the main point. 6) Every paper ought to have citations in the body of the text, right after sentence or paragraph where you have used an idea or a quotation from one of your sources. 7) Each paper must have a bibliography (reference page).