
- 950 pages
- English
- PDF
- Available on iOS & Android
About this book
Featuring a general equilibrium framework that is both cohesive and versatile, the Second Edition of Public Finance: A Normative Theory brings new and updated information to this classic text. Through its concentration on the microeconomic theory of the public sector in the context of capitalist market economics it addresses the subjects traditionally at the heart of public sector economics, including public good theory, theory of taxation, welfare analysis, externalities, tax incidence, cost benefit analysis, and fiscal federalism. Its goal of providing a foundation, rather than attempting to present the most recent scholarship in detail, makes this Second Edition both a valuable text and a resource for professionals.* Second edition provides new and updated information* Focuses on the heart of public sector economics, including public expenditure theory and policy, tax theory and policy, cost benefit-analysis, and fiscal federalism* Features a cohesive and versatile general equilibrium framework
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Table of contents
- Front Cover
- Public Finance: A Normative Theory
- Copyright Page
- CONTENTS
- PREFACE
- PART I: INTRODUCTION: THE CONTENT AND METHODOLOGY OF PUBLIC SECTOR THEORY
- PART II: THE THEORY OF PUBLIC EXPENDITURES AND TAXATIONâFIRST-BEST ANALYSIS
- PART III: THE THEORY OF PUBLIC EXPENDITURES AND TAXATION: SECOND-BEST ANALYSIS
- PART IV: COSTâBENEFIT ANALYSIS
- PART V: FISCAL FEDERALISM
- INDEX