This comprehensive new text breaks the mould of traditional Public Sector Economics texts. It provides the student with a solid grounding in theory and focuses on how this theory can be applied to a broad range of contemporary issues, such as health and education, the monopoly regulation and privatisation, as well as taxes and incentives. This approach teaches the student to understand how the public sector interacts with the rest of the economy, why governments act in the way they do, enabling them to evaluate policies and their alternatives.
- Pedagogical aids: key concepts, definitions explained in margins and end of each chapter questions, summaries and guided reading.
- Comprehensive range of topics enables lecturers to devise a course to suit their own interests.
- Comparative perspective using data and policy ideas from a wide number of European and OECD countries.
- Includes sections on the policies of the new Labour government, including its plans for savings, welfare to work and healthcare.
Table of Contents
- Economic Rationales for the State
- Equity and Efficiency
- Public Goods
- Asymmetric Information
- Benefit Analysis
- Public Choice
- Government Failure
- Tax Incidence and Efficiency
- Intertemporal Issues
- Taxes on Labour
- Social Insurance and the Welfare State
- Income Inequality
- Social Policy
- Pensions and Ageing
- Education and Training
- Privatisation and Social Ownership
- Regulation and Competition Policy
- The Environment
- Federal Issues and the European Union