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Author : Anne Steinemann
Publisher :
ISBN 13 : 9780578719252
Total Pages : pages
Book Rating : 4.7/5 (192 download)
Download or read book Microeconomics for Public Decisions written by Anne Steinemann and published by . This book was released on 2020-06-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Fourth Edition
Author : Joaquim Silvestre
Publisher : Edward Elgar Publishing
ISBN 13 : 085793208X
Total Pages : 210 pages
Book Rating : 4.8/5 (579 download)
Download or read book Public Microeconomics written by Joaquim Silvestre and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a concise, simple, yet precise discussion of externalities, public goods and insurance. Rooted in the first fundamental theorem of welfare economics and in noncooperative equilibrium, it employs elementary calculus. The book presents established theory in novel ways, and offers the tools for the application of the social welfare criteria of efficiency and equity to environmental economics, networks, bargaining, political economy, and the pricing of public goods and public utilities. This innovative, user-friendly textbook will be of use over a broad range of disciplines. The applications found here include international global-warming issues (North vs. South model), and bargaining over externalities (Coase's theorem). This text also introduces the Wicksell-Lindahl model in its original form, which depicts the parliamentary negotiation between representative parties and provides an effective introduction to political economy. Later, these ideas are applied to the pricing of an excludable public good, revealing the theoretical connection between public utility pricing and the pricing of excludable public goods. The text integrates three forms of discourse: verbal, graphical, and formal. Elementary calculus is frequently used, allowing for clarity and precision; qualities that are often missing in conventional textbooks. The main text considers a finite number of consumers and appendices cover the continuum mathematical model, which is implicit in the references to the 'marginal consumer' found in traditional texts. The analysis found in Public Microeconomics is simple and operational, conducive to computationally easy examples and exercises. This textbook is ideally suited to graduate and upper-level undergraduate courses in economics, political science, policy and philosophy.
Author : Lee S. Friedman
Publisher : Princeton University Press
ISBN 13 : 1400885701
Total Pages : 784 pages
Book Rating : 4.4/5 (8 download)
Download or read book The Microeconomics of Public Policy Analysis written by Lee S. Friedman and published by Princeton University Press. This book was released on 2017-02-15 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows, from start to finish, how microeconomics can and should be used in the analysis of public policy problems. It is an exciting new way to learn microeconomics, motivated by its application to important, real-world issues. Lee Friedman's modern replacement for his influential 1984 work not only brings the issues addressed into the present but develops all intermediate microeconomic theory to make this book accessible to a much wider audience. Friedman offers the microeconomic tools necessary to understand policy analysis of a wide range of matters of public concern--including the recent California electricity crisis, welfare reform, public school finance, global warming, health insurance, day care, tax policies, college loans, and mass transit pricing. These issues are scrutinized through microeconomic models that identify policy strengths, weaknesses, and ideas for improvements. Each chapter begins with explanations of several fundamental microeconomic principles and then develops models that use and probe them in analyzing specific public policies. The book has two primary and complementary goals. One is to develop skills of economic policy analysis: to design, predict the effects of, and evaluate public policies. The other is to develop a deep understanding of microeconomics as an analytic tool for application--its strengths and extensions into such advanced techniques as general equilibrium models and pricing methods for natural monopolies and its weaknesses, such as behavioral inconsistencies with utility-maximization models and its limits in comparing institutional alternatives. The result is an invaluable professional and academic reference, one whose clear explanation of principles and analytic techniques, and wealth of constructive applications, will ensure it a prominent place not only on the bookshelves but also on the desks of students and professionals alike.
Author : Thomas-Olivier Leautier
Publisher : MIT Press
ISBN 13 : 0262039281
Total Pages : 413 pages
Book Rating : 4.2/5 (62 download)
Download or read book Imperfect Markets and Imperfect Regulation written by Thomas-Olivier Leautier and published by MIT Press. This book was released on 2019-03-19 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first textbook to present a comprehensive and detailed economic analysis of electricity markets, analyzing the tensions between microeconomics and political economy. The power industry is essential in our fight against climate change. This book is the first to examine in detail the microeconomics underlying power markets, stemming from peak-load pricing, by which prices are low when the installed generation capacity exceeds demand but can rise a hundred times higher when demand is equal to installed capacity. The outcome of peak-load pricing is often difficult to accept politically, and the book explores the tensions between microeconomics and political economy. Understanding peak-load pricing and its implications is essential for designing robust policies and making sound investment decisions. Thomas-Olivier Léautier presents the model in its simplest form, and introduces additional features as different issues are presented. The book covers all segments of electricity markets: electricity generation, under perfect and imperfect competition; retail competition and demand response; transmission pricing, transmission congestion management, and transmission constraints; and the current policy issues arising from the entry of renewables into the market and capacity mechanisms. Combining anecdotes and analysis of real situations with rigorous analytical modeling, each chapter analyzes one specific issue, first presenting findings in nontechnical terms accessible to policy practitioners and graduate students in management or public policy and then presenting a more mathematical analytical exposition for students and researchers specializing in the economics of electricity markets and for those who want to understand and apply the underlying models.
Author : James D Gwartney
Publisher : Elsevier
ISBN 13 : 1483264300
Total Pages : 679 pages
Book Rating : 4.4/5 (832 download)
Download or read book Economics Private and Public Choice written by James D Gwartney and published by Elsevier. This book was released on 2013-09-11 with total page 679 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics: Private and Public Choice is an aid for students and general readers to develop a sound economic reasoning. The book discusses several ways to economic thinking including six guideposts as follows: (i) scarce goods have costs; (ii) Decision-makers economize in their choices; (iii) Incentives are important; (iv) Decision-makers are dependent on information scarcity; (v) Economic actions can have secondary effects; and (vi) Economic thinking is scientific. The book explains the Keynesian view of money, employment, and inflation, as well as the monetarist view on the proper macropolicy, business cycle, and inflation. The book also discusses consumer decision making, the elasticity of demand, and how income influences demand. The text analyzes costs and producer decisions, the firm under pure competition, and how a competitive model functions. The book explains monopoly, and also considers the high barriers that prevent entry such as legal barriers, economies of scale, and control over important resources. The author also presents comparative economic systems such as capitalism and socialism. This book can prove useful for students and professors in economics, as well as general readers whose works are related to public service and planning in the area of economic development.
Author : John M. Levy
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313390193
Total Pages : 248 pages
Book Rating : 4.3/5 (133 download)
Download or read book Essential Microeconomics for Public Policy Analysis written by John M. Levy and published by Bloomsbury Publishing USA. This book was released on 1995-11-30 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Levy's text presents microeconomic theory for use in analyzing and formulating public policy. It couples a direct and non-intimidating approach to essential theory with a presentation that is sophisticated at the policy level. It does not attempt to cover the entire body of economic theory, but rather presents those elements of theory most relevant to courses in public economics and public policy in such programs as public administration, policy analysis, health planning, environmental management, urban affairs, and urban planning. The text is divided into two parts. The first introduces basic concepts with an emphasis on their philosophical underpinnings and policy uses; the second consists of six essays on policy-related subjects, selected to make use of concepts presented in the first part. Among the unusual features of the book are the discussion of the tax expenditure concept, benefit cost analysis with numerical example, substantial discussions of the origins and philosophical implications of economic man as a behavioral model, and an entire chapter devoted to public choice.
Author : Bernard Salanie
Publisher : MIT Press
ISBN 13 : 0262264625
Total Pages : 239 pages
Book Rating : 4.2/5 (622 download)
Download or read book Microeconomics of Market Failures written by Bernard Salanie and published by MIT Press. This book was released on 2000-10-10 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. In this book Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. He includes discussions of theories of collective decision making, as well as elementary models of public economics and industrial organization. Although public economics is traditionally defined as the positive and normative study of government action over the economy, Salanié confines himself to microeconomic aspects of welfare economics; he considers taxation and the effects of public spending only as potential remedies for market failures. He concludes with a discussion of the theory of general equilibrium in incomplete markets.
Author : Neil M. Singer
Publisher :
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.:/5 (42 download)
Download or read book Public Microeconomics written by Neil M. Singer and published by . This book was released on 1972 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Barry P. Keating
Publisher : John Wiley & Sons
ISBN 13 : 1405125446
Total Pages : 437 pages
Book Rating : 4.4/5 (51 download)
Download or read book Microeconomics for Public Managers written by Barry P. Keating and published by John Wiley & Sons. This book was released on 2008-10-06 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomics for Public Managers presents a rigorous non-mathematical introduction to the study of microeconomics geared towards managers of nonprofit institutions. Provides an introduction to the economist’s toolkit for students destined for not-for-profit enterprises and public institutions Topics are selected for their relevance to the non-profit sector, enabling key issues to be covered in greater depth than standard microeconomic textbooks Pertinent case studies and cost-benefit analysis are utilized throughout Features end-of chapter problem sets and study questions Describes economic decision-making applicable to non-profit managers Accompanying website with instructor materials is available at www.blackwellpublishing.com/keating
Author : Steven A. Greenlaw
Publisher :
ISBN 13 : 9781947172432
Total Pages : 0 pages
Book Rating : 4.1/5 (724 download)
Download or read book Principles of Macroeconomics for AP® Courses 2e written by Steven A. Greenlaw and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board's AP® example textbook list. The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition was developed with significant feedback from current users. In nearly all chapters, it follows the same basic structure of the first edition. General descriptions of the edits are provided in the preface, and a chapter-by-chapter transition guide is available for instructors.
Author : Neil M. Singer
Publisher : Boston : Little, Brown
ISBN 13 :
Total Pages : 472 pages
Book Rating : 4.F/5 ( download)
Download or read book Public Microeconomics written by Neil M. Singer and published by Boston : Little, Brown. This book was released on 1976 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Clifford Winston
Publisher : Brookings Institution Press
ISBN 13 : 081579391X
Total Pages : 147 pages
Book Rating : 4.8/5 (157 download)
Download or read book Government Failure versus Market Failure written by Clifford Winston and published by Brookings Institution Press. This book was released on 2007-04-01 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and American Enterprise Institute publication When should government intervene in market activity and when is it best to let market forces take their natural course? How does the existing empirical evidence about government performance guide our answers to these questions? In this clear, concise book, Clifford Winston offers his innovative analysis—shaped by thirty years of evidence—to assess the efficacy of government interventions. Markets fail when it is possible to make one person better off without making someone else worse off, thus indicating inefficiency. Governments fail when an intervention is unwarranted because markets are performing well or when the intervention fails to correct a market problem efficiently. Winston concludes from existing research that the cost of government failure may actually be considerably greater than the cost of market failure: "My search of the evidence is not limited to policy failures. I will report success stories, but few of them emerged from my search." The prevalence of market failure is due to a lack of conviction in favor of markets, the inflexibility of intervening government agencies, and political forces that enable certain interest groups to benefit at the expense of society as a whole. Winston suggests that government policy can be improved by making greater use of market-oriented solutions that have already produced benefits in certain situations.
Author : Anne C. Steinemann
Publisher : South Western Educational Publishing
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.3/5 (97 download)
Download or read book Microeconomics for Public Decisions written by Anne C. Steinemann and published by South Western Educational Publishing. This book was released on 2005 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomics for Public Decisions is a revision of the Apgar/Brown Microeconomics for Public Policy text. It was revised after conducting interviews with students and former students (now practitioners), and asking them what economic concepts and methods they use most frequently in their jobs. Microeconomics for Public Decisions is designed to focus on essential principles and analytical techniques for making decision that affect the public interest. It blends theory with applications and discussions so students will understand how and why microeconomics is important, how to perform economic analyses, and how to evaluate economic analyses performed by others.
Author : Patricia Apps
Publisher : Cambridge University Press
ISBN 13 : 0521887879
Total Pages : 303 pages
Book Rating : 4.5/5 (218 download)
Download or read book Public Economics and the Household written by Patricia Apps and published by Cambridge University Press. This book was released on 2009-03-05 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic models in much of the public economics literature have been slow to reflect the significant changes towards double-income households throughout the developed world. This graduate-level text develops a more sophisticated approach to household economics, one that allows for multiple-income earners and shared decision-making. This approach is used to present a fundamentally new view of consumption. It then applies this to an analysis of tax systems, combining theoretical analysis of optimal taxation and tax reform with careful empirical study of the characteristics of income tax systems in four different countries: Australia, Germany, the UK and the USA. The book is particularly concerned with analysing, both theoretically and empirically, the impact of taxation on female labour supply, and identifying its effects on work incentives and fairness of income distribution. All this adds up to a fascinating new approach to the economics of household for researchers in both public and private sectors.
Author : Jean-Jacques Laffont
Publisher :
ISBN 13 : 9780262512190
Total Pages : 0 pages
Book Rating : 4.5/5 (121 download)
Download or read book Fundamentals of Public Economics written by Jean-Jacques Laffont and published by . This book was released on 2008-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text by one of Europe's leading economists covers a wide variety of public economics issues with great clarity and precision, illustrating them with a wealth of carefully-chosen examples and problems. Starting from theories of general equilibrium analysis, Laffont considers issues of market failure, collective decisionmaking, and distributional equity. He analyzes the important informational and motivational problems involved in planning solutions for market failures, and provides a rigorous justification for the theoretical foundations of public economics. Topics include the theories of externalities, public goods, collective choice, consumer surplus, cost-benefit analysis and/or theory of the second best, incomplete markets, and nonconvexities. For each Laffont begins with the classical foundations, moves on to consider the topic within a simple model of the economy, and concludes by integrating results from recent journal articles into this simple framework. In this way students are led to understand the classical tradition in the context of modern general equilibrium theory. The book concludes with eight problems with solutions, each interesting and rich enough to be considered a case study, and nine exercises without solutions; together they provide an excellent review of material covered in the text. The basic approach in each problem is to set up a general equilibrium model, discover the market failure by calculating the unfettered equilibrium, and develop an explicit planning solution. Jean-Jacques Laffont is Professor of Economics at the University of Social Sciences at Toulouse. Fundamentals of Economics may be used in either an advanced graduate-level course in public economics or in conjunction with a second volume forthcoming by the same author in a course in advanced microeconomics.
Author : John Leach
Publisher : Cambridge University Press
ISBN 13 : 9780521535670
Total Pages : 444 pages
Book Rating : 4.5/5 (356 download)
Download or read book A Course in Public Economics written by John Leach and published by Cambridge University Press. This book was released on 2004 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2004 textbook explores how markets operate and governments' roles in addressing market failures.
Author : Bernard Salanie
Publisher : MIT Press
ISBN 13 : 9780262264624
Total Pages : 248 pages
Book Rating : 4.2/5 (646 download)
Download or read book Microeconomics of Market Failures written by Bernard Salanie and published by MIT Press. This book was released on 2000-10-10 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. In this book Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. He includes discussions of theories of collective decision making, as well as elementary models of public economics and industrial organization. Although public economics is traditionally defined as the positive and normative study of government action over the economy, Salanié confines himself to microeconomic aspects of welfare economics; he considers taxation and the effects of public spending only as potential remedies for market failures. He concludes with a discussion of the theory of general equilibrium in incomplete markets.
