Authors:
- Sampat Mukherjee
- Amitava Ghose
- Ranjanendra N. Nag
Target Audience & Core Coverage
The textbook is structured for undergraduate and postgraduate economic curricula. It bridges classical public economics with modern behavioral choices and institutional policy implementations. Key thematic pillars typically detailed within this volume include:
- Theory of Public Goods: Market failures, externalities, and allocation mechanisms.
- Public Choice Theory: Collective decision-making, voting models, and bureaucratic behaviors.
- Taxation Frameworks: Incidences, efficiency losses, and optimal tax design theories.
- Macro Fiscal Policy: Public debt sustainability, structural deficits, and stabilization policies.
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