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Microeconomics of Public Policy Analysis

ISBN-10: 0691089345
ISBN-13: 9780691089348
Edition: 2002
Authors: Lee S. Friedman
List price: $157.50
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Description: This title shows how microeconomics should be used in the analysis of public policy problems. It is a new way to learn microeconomics, motivated by its application to important, real-world issues.

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Book details

List price: $157.50
Copyright year: 2002
Publisher: Princeton University Press
Publication date: 5/9/2002
Binding: Hardcover
Pages: 784
Size: 7.25" wide x 10.00" long x 1.75" tall
Weight: 3.542
Language: English

This title shows how microeconomics should be used in the analysis of public policy problems. It is a new way to learn microeconomics, motivated by its application to important, real-world issues.

Alternative Course Designs
Preface
Acknowledgments
Microeconomic Models for Public Policy Analysis
Introduction to Microeconomic Policy Analysis
An Introduction to Modeling: Demand, Supply, and Benefit-Cost Reasoning
Utility Maximization, Efficiency, and Equity
Using Models of Individual Choice-Making in Policy Analysis
The Specification of Individual Choice Models for the Analysis of Welfare Programs
The Analysis of Equity Standards: An Intergovernmental Grant Application
The Compensation Principle of Benefit-Cost Reasoning: Benefit Measures and Market Demands
Uncertainty and Public Policy
Allocation over Time and Indexation
Policy Aspects of Production and Supply Decisions
The Cost Side of Policy Analysis: Technical Limits, Productive Possibilities, and Cost Concepts
Private Profit-Making Organizations: Objectives, Capabilities, and Policy Implications
Public and Nonprofit Organizations: Objectives, Capabilities, and Policy Implications
Competitive Markets and Public Policy Interventions
Efficiency, Distribution, and General Competitive Analysis: Consequences of Taxation
The Control of Prices to Achieve Equity in Specific Markets
Distributional Control with Rations and Vouchers
Sources of Market Failure and Institutional Choice
Allocative Difficulties in Markets and Governments
The Problem of Public Goods
Externalities and Policies to Internalize Them
Industry Regulation
Policy Problems of Allocating Resources over Time
Imperfect Information and Institutional Choices
Author Index
Subject Index

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