BEA102: Economics of Social Issues Individual Assignment Help
Question
BEA102: This report-based assignment for the University of Tasmania requires the student to identify one social issue specific to the Australian region, which should be based on the discussions held in the class. The student is expected to use economic concepts and methods to describe and analyze this social issue from an economic perspective. Based on this critical analysis, some potential solutions also need to be proposed to address this social issue.
Solution
The topic of this social work report written by our experts is the increasing inequalities in the education system of Australia. Our experts have presented an in-depth critical analysis of the topic from an economic perspective along with highlighting some solutions for the same.
The report is divided into different sections, which you can read below:
Topic: increasing inequalities in the Australian education system
This is a brief introduction to the social issue and its impact on the Australian population. Additionally, our experts have also suggested the importance of studying this issue.
There are various inequalities in the Australian education system particularly when the students are from remote areas or from socially backward communities.
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Nature of the social issue
The following section presents a remark on the nature of the social issue of inequality in the Australian education system and the reason for each agent’s involvement. Our experts have employed economic theories, and resources from credible sources to assist in understanding the origins and nature of this social issue.
In the year 2020, it was found that young people who are aged between 20 and 24, nearly 92% of women had completed year 12 which is higher than 87% of men (Hare, 2022). However, only 60% of these girls are able to complete a university degree and the percentage of boys completing a university degree is even less than 50%. Men prefer to go for vocational courses rather than completing degrees.
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Reasons for inequalities
This section uncovers the reasoning behind the persistence of this social issue in Australia. Here, we have provided a snippet of the complete reasoning written by our experts.
Perhaps the most important reason for these inequalities can be attributed to the privatization of the education system with more than 30% of the primary school students and 40% of the secondary school students attend private schools, when the OECD average is at 18%(Perry, 2020). Even depressing is the fact that federal government has been providing around $14 billion to the private schools even if they are the wealthiest in the country more than it provides for the universities of the nation and this has led to the controversy that critics have been raising about government spending on private and nongovernmental schools is undermining the public schools which is further causing inequalities between the rich and the poor.
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Outcomes from inequalities in the education system
Next, some of the consequences of this inequality are highlighted by our experts by using data from relevant and credible studies.
There are various groups in Australia who experience inequities in the educational system. These groups include people who experience lower educational opportunities, and outcomes. There are also groups of students who come from lower Excelsior economic backgrounds and also indigenous students and students residing in remote areas.
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Current public policies to address inequalities in education
The following section explores some present policies or solutions which are aimed at dealing with this social problem of education inequality in Australia. A critical analysis of the extent to which these solutions will work is presented by our experts by discussing both the strengths and limitations of this solution.
An economic concept that could be used to solve these issues of lower demand due to higher price of education is the subsidization of education by providing loans to students to help pay their fees or to the colleges in the form of grants to reduce their fee structure. Student HELP loans that are available for students from lower socioeconomic backgrounds can help them to pay the required fees at an university or higher education provider. If a student gets enrolled in Commonwealth-supported program, then the Australian government makes some contribution towards your fees and the student pays the rest of the fees (called as the student contribution amount) (Ferguson, 2021).
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Alternative ways to reduce inequalities
Lastly, based on the critical evaluation conducted above from an economic standpoint, our experts have proposed some alternate solutions to this social problem.
Another important way to reduce inequalities in the educational system of Australia and the outcomes are rising from it is to reduce the social segregation that is happening among schools.
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