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Public Finance


Public Finance

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Public Finance rests at the intersection of two disciplines: Public Economics and Public Choice. Public Economics deals with issues of social optimality: how much of a good (or bad) does a society desire (or tolerate), and how do we incentivize producers and consumers to attain that amount? Public economics concerns itself with externalities, which are costs that are borne by persons not involved in a market transaction. There are both positive and negative externalities; public economists... More
Material Type: Online Course
Technical Format: HTML/Text
Date Added to MERLOT: January 27, 2012
Date Modified in MERLOT: January 27, 2012
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Submitter: Sean Connor
Keywords: Prices, Public Finance Trends, Macroeconomics, Output, Public Policy, Externalities, Taxes, Public Finance, Government Failure, Public Goods, Subsidies, Market Failure, Rent Seeking


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Primary Audience: College Upper Division
Mobile Compatibility: Not specified at this time
Language: English
Material Version: 0
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: no
Creative Commons: Creative Commons License
This work is licensed under a Attribution 3.0 United States
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