A Course in Public Economics

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Business & Finance
Cover of the book A Course in Public Economics by John Leach, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: John Leach ISBN: 9781107713710
Publisher: Cambridge University Press Publication: November 10, 2003
Imprint: Cambridge University Press Language: English
Author: John Leach
ISBN: 9781107713710
Publisher: Cambridge University Press
Publication: November 10, 2003
Imprint: Cambridge University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Cambridge University Press

Cover of the book Pragmatics by John Leach
Cover of the book The Art of Building in the Classical World by John Leach
Cover of the book The Cambridge French-English Thesaurus by John Leach
Cover of the book Recombinant Antibodies for Immunotherapy by John Leach
Cover of the book Error and Inference by John Leach
Cover of the book Referendums and the European Union by John Leach
Cover of the book Modernism and the Social Sciences by John Leach
Cover of the book Urban Planet by John Leach
Cover of the book Fundamentals of Nonparametric Bayesian Inference by John Leach
Cover of the book Quantum Optics by John Leach
Cover of the book Order within Anarchy by John Leach
Cover of the book Algorithmic Game Theory by John Leach
Cover of the book After War Ends by John Leach
Cover of the book The Political Philosophy of Zionism by John Leach
Cover of the book Introspection and Engagement in Propertius by John Leach
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy