Public Sector Economics

Richard Tresch's Public Sector Economics is a new learning and teaching concept for undergraduate public finance courses. It is published in two complementary parts:

The book, which contains a unified treatment of the theory of the public sector along with selected examples.

The companion website (included in the price of the book), which features a large international Public Sector Example Bank, written and updated by Richard Tresch and tied to specific sections in the book.

This innovative solution to the challenge of conveying the fundamentals of such a wide-ranging field allows students the best of both worlds: a readable, concise, and penetrating account of public sector theory, along with an evolving set of up-to-date examples that makes the theory come alive.

Auteur

Richard W. Tresch is Professor in the Department of Economics, Boston College, USA.

Contenu

PART I:INTRODUCTION
The Foundations of Public Sector Theory
Market Failures
The Fundamental Theorems of Welfare Economic
Appendix: Variable Factor Supplies
PART II: PUBLIC EXPENDITURE THEORY AND POLICY
The Social Welfare Function and the Quest for Distributive Justice
Applying the Social Welfare Function
Externalities: Theoretical Issues
Externalities: Policy Considerations
Nonexclusive Goods
Decreasing Cost Services: the Natural Monopolies
U.S. Transfer Payments: the Public Choice Perspective
Practical Issues in Designing Transfers to the Poor
Social Insurance: Social Security
PART III: TAX THEORY AND POLICY
The Pursuit of Equity in Taxation
Equity Issues with the Federal Personal Income Tax
Taxes and Inefficiency: the Excess Burden of Taxation
Combining Equity and Efficiency in Taxation
Taxes, Transfers, and Imperfect Information
Tax Incidence: Theoretical Issues
Tax Incidence: Applications
PART IV: COST-BENEFIT ANALYSIS
Cost-Benefit Analysis
PART V: FISCAL FEDERALISM
The Assignment of Functions amongst Governments
Efficiency and Equity Issues with Mobile Resources
Grants-in-Aid
Epilogue: A New Behavioral Public Sector Economics?