Essential Microeconomics for Public Policy Analysis

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Product Description

John Levy's text presents microeconomic theory for use in analyzing and formulating public policy. It couples a direct and non-intimidating approach to essential theory with a presentation that is sophisticated at the policy level. It does not attempt to cover the entire body of economic theory, but rather presents those elements of theory most relevant to courses in public economics and public policy in such programs as public administration, policy analysis, health planning, environmental management, urban affairs, and urban planning. The text is divided into two parts. The first introduces basic concepts with an emphasis on their philosophical underpinnings and policy uses; the second consists of six essays on policy-related subjects, selected to make use of concepts presented in the first part. Among the unusual features of the book are the discussion of the tax expenditure concept, benefit cost analysis with numerical example, substantial discussions of the origins and philosophical implications of economic man as a behavioral model, and an entire chapter devoted to public choice.

Essential Microeconomics for Public Policy Analysis Review

If you're looking for a microeconomics text for public policy, here it is. It's definitely not new, so some of the examples seem a little out of date. However, it's a great review of the important (and more or less timeless) concepts, and it's written so that it's easy for someone who's not familiar with economics to understand. If you're moving into policy from another field (like me), this is a great book to get you started and save you the embarrassment of looking like you have no idea what's going on when policy classes get to economic topics.

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