Economics of the Public Sector *US PAPERBACK* 4th Ed. by Joseph Stiglitz, Jay Rosengard - {9780393925227}

Economics of the Public Sector *US PAPERBACK* 4th Ed. by Joseph Stiglitz, Jay Rosengard - {9780393925227}

  • Condition: Brand New.
  • Author: Joseph E. Stiglitz and Jay K. Rosengard
  • ISBN13: 9780393925227
  • ISBN10: 0393925226
  • Type: Paperback Book.

By: Joseph E. Stiglitz and Jay K. Rosengard Availability: In Stock Condition: Brand New.

List Price
$141.00 List Price
Our Price
$69.99
25 Copy Price
$55.99 Discount 20%
rating

Descriptions

Unveiling the Complexities of Government Intervention: A Guide to Public Sector Economics (4th Edition)

Delving into the critical role of government in a modern economy.

The long-awaited revision of the classic text, "Economics of the Public Sector", offers a comprehensive and accessible exploration of the key issues surrounding government intervention in the modern world. Authored by Nobel laureate Joseph E. Stiglitz and co-author Jay K. Rosengard, this fourth edition builds upon their extensive experience in policy advising to equip students, policymakers, and the general public with a deeper understanding of the public sector's crucial role in contemporary society.

Geared Towards:

  • Economics students: Establish a solid foundation in public sector economics and its application to contemporary issues.
  • Policymakers: Develop informed and evidence-based policies aimed at promoting economic efficiency and societal well-being.
  • Individuals interested in public policy: Explore the economic rationale behind government intervention and its impact across various sectors.

Key Focus Areas:

  • The Evolving Role of Government: Uncover the economic justifications for government involvement, including addressing market failures, externalities, and the provision of public goods.
  • Crafting and Analyzing Policies: Delve into the economic tools and frameworks used to analyze and evaluate the effectiveness of public policies.
  • Addressing Contemporary Challenges: Examine critical issues facing the public sector today, such as climate change, income inequality, and the complexities of globalization.
  • Understanding Global Public Goods: Grasp the challenges and opportunities surrounding the provision of public goods and services with global implications.

Content Highlights:

  • Market Failures and Public Intervention: Explore various market failures such as externalities, public goods, and imperfect competition, and understand the economic rationale for government involvement to address these issues.
  • Taxation and Public Finance: Unpack the principles of taxation, including efficiency, equity, and administrative feasibility, and analyze various tax systems.
  • Cost-Benefit Analysis: Master the framework for evaluating the economic benefits and costs of potential government interventions to ensure optimal decision-making.
  • Public Choice Theory: Explore the potential influence of special interests and political considerations on government policies and how this can impact their effectiveness.

Key Takeaways:

  • Gain a comprehensive understanding of the economic rationale for government intervention in various spheres.
  • Develop skills for analyzing and evaluating the effectiveness of public policies.
  • Explore the economic challenges and opportunities facing the public sector in the contemporary world.
  • Appreciate the complexities and considerations involved in providing public goods on a global scale.

Strengths:

  • Comprehensive and up-to-date: Offers a thorough exploration of fundamental concepts and contemporary issues relevant to the public sector.
  • Nobel Laureate's Perspective: Provides valuable insights and analysis from Joseph E. Stiglitz, a renowned economist.
  • Focus on Policy Analysis: Equips readers with the tools to critically evaluate the effectiveness of government interventions.
  • Global Perspective: Incorporates discussions on global public goods and their economic implications.