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Discuss smoking in china

Business Economics (P11607) Coursework
Autumn Semester 2017-2018
Marks accounted: 50% of the total marks
Word limitation: 1500 words in maximum
Please answer ONE of the following three questions:
1. Smoking is one of the leading causes of preventable death globally. In the United States about 500,000 deaths per year are attributed to smoking-related diseases and a recent study estimated that as much as 1/3 of China\’s male population will have significantly shortened life-spans due to smoking. Many governments are trying to deter people from smoking in many different ways including levying heavy cigarette taxes. Use Microeconomics theories to analysis the rationale behind this policy and evaluate the effectiveness of the cigarette taxes.

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