John Leach

Course in Public Economics (eBook, PDF)

• Format: PDF

Produktbeschreibung

A Course in Public Economics, first published in 2004, 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.

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Produktdetails

• Verlag: Cambridge University Press
• Erscheinungstermin: 10. November 2003
• Englisch
• ISBN-13: 9780511162190
• Artikelnr.: 38206334

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.

Inhaltsangabe

Part I. Markets
Section 2. The Exchange Economy
Part II. Externalities
Section 6. Externalities and Negotiation
Part III. Public Goods
Section 10. Pure Public Goods
Part IV. Imperfect Competition
Section 14. Monopoly
Part V. Taxation and Efficiency
Section 16. Taxation
Part VI. Asymmetric Information and Efficiency
Section 19. Asymmetric Information
Part VII. Asymmetric Information and Income Redistribution
Section 23. The Distribution of Income.

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Part I. Markets; Section 2. The Exchange Economy; Part II. Externalities; Section 6. Externalities and Negotiation; Part III. Public Goods; Section 10. Pure Public Goods; Part IV. Imperfect Competition; Section 14. Monopoly; Part V. Taxation and Efficiency; Section 16. Taxation; Part VI. Asymmetric Information and Efficiency; Section 19. Asymmetric Information; Part VII. Asymmetric Information and Income Redistribution; Section 23. The Distribution of Income.