A Course in Public Economics - Leach, John
174,99 €
inkl. MwSt.
Versandkostenfrei*
Versandfertig in über 4 Wochen
  • Gebundenes Buch

A Course in Public Economics explores the central questions of whether or not markets work, and if not, what is to be done about it. The first part of the textbook, designed for upper-level undergraduates and first-year graduate students, begins with an extended discussion of the two theorems of welfare economics. These theorems show that competitive markets can give rise to socially desirable outcomes, and describe the conditions under which they do so. The second part of the book discusses the kinds of market failure - externalities, public goods, imperfect competition and asymmetric…mehr

Andere Kunden interessierten sich auch für
Produktbeschreibung
A Course in Public Economics explores the central questions of whether or not markets work, and if not, what is to be done about it. The first part of the textbook, designed for upper-level undergraduates and first-year graduate students, begins with an extended discussion of the two theorems of welfare economics. These theorems show that competitive markets can give rise to socially desirable outcomes, and describe the conditions under which they do so. The second part of the book discusses the kinds of market failure - externalities, public goods, imperfect competition and asymmetric information - that arise when these conditions are not met. The role of the government in resolving market failures is examined. The limits of government action, especially those arising from asymmetric information, are also investigated. A knowledge of intermediate microeconomics and basic calculus is assumed.

Table of contents:
Part I. Markets; Part II. Externalities; Part III. Public Goods; Part IV. Imperfect Competition; Part V. Taxation and Efficiency; Part VI. Asymmetric Information and Efficiency; Part VII. Asymmetric Information and Income Redistribution.

This textbook in public economics explores the government's role in the economy. It is intended for third or fourth year undergraduate students and first year graduate students. The core topics covered include markets, externalities, public goods, imperfect competition, asymmetric information and efficiency, and asymmetric information and income redistribution.

This textbook explores how markets operate and governments' roles in addressing market failures.
Autorenporträt
Author, Poet and Playwright John L. Leach IV is the author of eight other books (1) Rhyme, Rhythm and Reason, (2) Summertime Friends, (3) Valley of the Poet, (4) Diary of a Fisherman, (5) Young and Old, (6) Poems of the Pen, (7) Argumentive Essays, and (8) Diary of Fisherman Volume II. He also had his poem "Serendipity" published in an anthology entitled, "Collected Whispers" and won Editors Choice Award. John L. Leach IV has a B.A. in Theology and a M.A. Ministry with Leadership Studies.