The Economic Analysis of Public Policy
Price: $53.95
Add to Cart- ISBN: 978-0-415-77278-5
- Binding: Paperback (also available in Hardback)
- Published by: Routledge
- Publication Date: 16th July 2007
- Pages: 448
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About the Book
A critical analysis of public policy decisions requires a far greater depth of knowledge than one receives from news reports and political speeches. Issues such as how best to reduce traffic congestion, reduce acid rain, improve airline safety or develop a parcel of land are better understood by organizing, measuring and weighing the effects of alternative policies. William K. Bellinger's new text book is an ideal introduction to benefit-cost analysis, the economics of efficiency, risk analysis and present value discounting for those with only a modest background in mathematics and economics.
Bellinger presents the key concepts for analyzing public policy with frequent problems, discussion questions and case studies throughout the book. Placing a great emphasis on teaching as well as sharing knowledge, this book encourages its readers to both understand and apply each concept and learn to appreciate policy analysis as part of an interdisciplinary, analytical and political process that can lead to better government policy decisions.
This book is an ideal teaching tool for undergraduate and Master's students engaged in Public Administration, Public Economics, and Public Policy.
Table of Contents
1. The Meaning of Policy Analysis 2. Ethics for Policy Analysts 3. A Review of Markets and Microeconomics 4. Efficiency Loss from Imperfect Markets 5. Government Intervention, Potential and Problems 6. Benefit-Cost Analysis 7. Net Benefits Over Time: Present Value 8. Choosing a Discount Rate 9. Risk, Uncertainty and Decision Analysis 10. The Value of Life and Other Non-Marketed Goods 11. Economic Impact Analysis: Macroeconomics in a Micro World 12. Controlling Externalities, Air Pollution and Urban Transportation 13. Poverty and U.S. Income Maintenance Programs 14. Policies for the Working Poor