Economics Assignment Help >> Public Economics

Public economics or economics of the public sector is concerned with the study of government policy through the lens of economics equity and efficiency. At basic level, public economics explains a framework for thinking about whether or not the government should participate in this economics markets & to what extent public economics role should be. Public economics subject encompasses a host of topics involving market failures, externalities, & the implementation and creation of government policy. Public economics makes on the theory of welfare economics and is ultimately used like a tool to improve social welfare.

Broad topics and methods include:

> Design and analysis of public policy

> Public-finance theory & its application

> Analysis of market failure & government failure

> Distributional effects of taxation & government expenditures

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