John Leach A Course in Public Economics

ISBN 13: 9780521828772

A Course in Public Economics

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9780521828772: A Course in Public Economics
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Covering core topics that explore the government's role in the economy, this textbook is intended for third or fourth year undergraduate students and first year graduate students. It includes markets, externalities, public goods, imperfect competition, asymmetric information and efficiency, and asymmetric information and income redistribution. A knowledge of intermediate microeconomics and basic calculus is assumed. Each chapter contains exercises at the end, whose solutions are available to instructors. Instructors' resource page: http://socserv.mcmaster.ca/leach/

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Book Description:

This textbook in public economics explores the government's role in the economy. It is intended for third or fourth year undergraduate students and first year graduate students. The core topics covered include markets, externalities, public goods, imperfect competition, asymmetric information and efficiency, and asymmetric information and income redistribution. A knowledge of intermediate microeconomics and basic calculus is assumed. Each chapter contains exercises at the end, whose solutions are available to instructors.

About the Author:

John Leach served in three Anglican parishes before taking up his appointment in 1997 as Director of Anglican Renewal Ministries. Following a period in secular work as a truck driver, he worked with three churches on the Island of Jersey. He was appointed in 2004 to the post of Parish Development Adviser in the Diocese of Monmouth, in the Church in Wales. He has written widely on topics related to renewal, music, liturgy, and worship, and lives with his family in Newport, South Wales.

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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2003. Hardback. Condition: New. New. Language: English . Brand New Book ***** Print on Demand *****. 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. Seller Inventory # APC9780521828772

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Book Description CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2003. Hardback. Condition: New. New. Language: English . Brand New Book ***** Print on Demand *****.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. Seller Inventory # APC9780521828772

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