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This up-to-date new textbook provides a thorough treatment of all the central topics in public economics. Aimed at senior undergraduate and graduate students, it will also be invaluable to professional economists and to those teaching in the field. The book is entirely self-contained, giving all the equilibrium theory and welfare economics needed to understand the analyses. The author covers the Arrow-Debreu economy, welfare economics and the measurement of inequality and povery which lay the foundations and emphasize the important role played by information. Within the competitive economy, he examines commodity taxation, income taxation and tax reform in a certain environment. He goes on to study the public economics of uncertainty, and then treats public goods, externalities, imperfect competition and tax evasion as departures from the standard competitive assumptions and looks at their implication for public economics derived. Finally, after treatment of the overlapping generations economy, he addresses intertemporal issues concerning social security and debts.
An authoritative and comprehensive dictionary containing clear, concise definitions of over 3,400 key economic terms, this A to Z covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, and environmental economics. There is strong coverage of international trade and many entries on economic organizations and institutions from around the world. Fully revised to keep up-to-date with this fast-moving field, this new edition expands the coverage to include terms relevant to the financial crisis, such as black swan, credit crunch, Northern Rock, and Iceland, making this dictionary the most up-to-date available. Entries are supplemented by entry-level web links, which are listed and regularly updated on a companion website, giving the reader the opportunity to explore further the areas covered in the dictionary. Useful appendices include a list of institutional acronyms and their affiliated websites, a list of Nobel prize-winners in economics, the Greek alphabet, and a list of relevant websites. As ideal for browsing as it is useful for quick reference, this dictionary remains an essential guide for students and teachers of economics, business, and finance, as well as for professional economists and anyone who has to deal with economic data.
A solutions manual for all 582 exercises in the second edition of Intermediate Public Economics. A solutions manual for all 582 exercises in the second edition of Intermediate Public Economics.
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