Applied Microeconomics for Public Policy Makers

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9788190014014: Applied Microeconomics for Public Policy Makers
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This book is a guided tour through an economist's workshop, introducing readers to various microeconomic concepts and their utility in analyzing economic problems. However, unlike many textbooks, this book does not present microeconomics as just one thing after another. The choice of topics was guided by one over-riding criterion: Whether the concept included in the book is useful for understanding or analyzing economic policies, in general, and public policies in particular.

For every concept included, this book answers the following questions:

Why do we need the concept?

What is it all about?

How can it be used?

What are its limitations?

This book differs from other microeconomics texts in another more fundamental way. Each policy is analyzed primarily from the 'public' perspective rather than 'private' perspective. That is, it focuses on 'costs' and 'benefits' from the society's point of view rather than an individual's point of view. It does not, however supplant the private perspective, rather, it supplements it.

This book has emerged out of the author's lecture notes which have been used for more than two decades at Several Workshops (e.g., Public Enterprise Workshop and Budget Workshop) organized by the Harvard Institute for International Development and the J.F. Kennedy School of Government, Harvard University. It has been used in training programs at the World Bank and in regular courses taught at leading universities in the United States, India and Singapore.

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From the Publisher:

Unedited comments from MPA students at the Kennedy School of Government, Harvard University, (September 1999):

- It is the clearest textbook I have ever read. It is great!
- Good basic book, apprpriate for this level of class.
- Very clear and easy to understand for beginners.
- Excellent text, very readable.
- It's a good book for mid-careers, and for others who little background of economics
- It is a superb exposition of Microeconomics. It made undersanding easier.

About the Author:

Dr. Prajapati Trivedi has led a distinguished career as a world-class economist and educator. Currently the Resident Economist for the World Bank in Saudi Arabia, he has also served in the World Bank headquarters in Washington, DC, as Privatization and Enterprise Reform Specialist in the Private Sector Development Department. In an advisory capacity he has assisted numerous countries including: Egypt, Jordan, Sri Lanka, West Bank and Gaza, Argentina, Kenya, Thailand, Vietnam, Pakistan, India, Bolivia, Bulgaria, Philippines, United States, Costa Rica, Tanzania, South Korea, Nicaragua, Honduras, Venezuela, Colombia and Romania.

Prior to joining the World Bank, Dr. Trivedi was one of the senior most Economic Advisor in the Government of India. In this capacity, he played a significant role in the design of economic reforms in general and the countrys privatization program in particular.

A distinguished academician, Dr. Trivedi has taught and lectured at several leading universities around the world. He was Chaired Professor and Chairman for the Center for Studies in Public Enterprise Management at the prestigious Indian Institute of Management, Calcutta and a visiting faculty at the Kennedy School of Government, Harvard University and the Harvard Institute for International Development. He started his teaching career at Stephens College, Delhi University in 1974. He has written four widely acclaimed books and a large number of papers in professional journals.

After graduating from St. Stephens College with a Bachelor of Art Degree, he attended the London School of Economics, where he obtained a Master of Science degree in Economics. He was later awarded a doctorate degree in Economics from Boston University.

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