Featuring a general equilibrium framework that is both cohesive and versatile, the Second Edition of Public Finance: A Normative Theory brings new and updated information to this classic text. Through its concentration on the microeconomic theory of the public sector in the context of capitalist market economics it addresses the subjects traditionally at the heart of public sector economics, including public good theory, theory of taxation, welfare analysis, externalities, tax incidence, cost benefit analysis, and fiscal federalism. Its goal of providing a foundation, rather than attempting to present the most recent scholarship in detail, makes this Second Edition both a valuable text and a resource for professionals. * Second edition provides new and updated information * Focuses on the heart of public sector economics, including public expenditure theory and policy, tax theory and policy, cost benefit-analysis, and fiscal federalism * Features a cohesive and versatile general equilibrium framework
A comprehensive presentation of the field of public finance, this text adopts a modern, theoretical and empirical approach to the subject.
This well established text provides a comprehensive and sophisticated analysis of state and local government public finance practices and issues using the basic tools of economics.
Public Finance is an approachable text designed with students in mind. The 13 chapters are intentionally written to be taught easily in one semester without skipping material or losing any...
It may be pointed out that Marshall's method suffers from a number of shortcomings. It is well known that it is based on cardinal utility concept and assumes the constancy of marginal utility of money. It is to be noted further that ...
Public Finance 5/E
Public Finance
Broad in scope and carefully balanced in emphasis, this book is a major treatise on the theory and practice of public finance.
Behavioral economics has shown how human behavior departs from the assumptions made by generations of economists. Now, Behavioral Public Finance brings the insights of behavioral economics to analysis of policies that affect us all.
... ( P ) S E Consumer burden = $ 0.30 $ 1.80 с А. Pi = $ 1.50 Producer burden = $ 0.20 Pz = $ 1.30 D Pa = $ 1.00 B Tax ... At the old market price of $ 1.50 , there is now an excess supply of gasoline : producers are willing to sell the ...
In this volume, based on a week-long symposium at the University of Munich's Center for Economic Studies, two leading scholars of governmental economics debate their divergent perspectives on the role of government and its fiscal functions.