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Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. Public economics builds on the theory of welfare economics and is ultimately used as a tool to improve social welfare. Welfare can be defined in terms of well-being, prosperity, and overall state of being.
It promotes the international exchange of knowledge and ideas in public finance and other areas of economics. CES invites visiting scholars to conduct their research in Munich, Germany, and to give short a lecture series in return. Since its founding in 1991, over 670 academics have visited CES, establishing the basis for the CESifo Research ...
A Lindahl equilibrium is a state of economic equilibrium under a Lindahl tax as well as a method for finding the optimum level for the supply of public goods or services that happens when the total per-unit price paid by each individual equals the total per-unit cost of the public good.
Within academic settings, public finance is a widely studied subject in many branches of political science, political economy and public economics. Research assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. [ 2 ]
Foley, D. K. (2003) Rationality and Ideology in Economics. lecture in the World Political Economy course at the Graduate Faculty of New School UM, New School. Boland, L. (1982) The Foundations of Economic Method. London: George Allen & Unwin; Edward J. Nell and Errouaki, K. (2011) Rational Econometric Man. Cheltenham: E. Elgar.
Public property; Public Achievement; Public choice; Public good (economics) Public policy; Public private dialogue; Public sector; The Public Wealth of Cities; The Public Wealth of Nations; Public works; Public–private partnership; Public–private partnership unit; Public–public partnership
The Tiebout model, also known as Tiebout sorting, Tiebout migration, or Tiebout hypothesis, is a positive political theory model first described by economist Charles Tiebout in his article "A Pure Theory of Local Expenditures" (1956).
Economics in One Lesson is an introduction to economics written by Henry Hazlitt and first published in 1946. It is based on Frédéric Bastiat 's essay Ce qu'on voit et ce qu'on ne voit pas (English: "What is Seen and What is Not Seen").