Microeconomics for Public Decisions

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askmar publishing, Jul 15, 2011 - Business & Economics
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Microeconomics for Public Decisions is a core textbook covering essential microeconomic principles and applying them to public decisions. It can and has been used without additional materials.It provides a systematic treatment of microeconomics fundamentals such as supply, demand, equilibrium, market processes, interventions, equity and efficiency, monopoly, and externalities. It also provides extensive coverage of advanced topics that concern public sector decisions, such as public goods, externalities, welfare analysis, imperfect information, risk and uncertainty, investments and discounting, cost-benefit analysis, and their unique complexities.Although this text is often used in teaching master's level graduate students and upper-division undergraduate students, since it does not require prior coursework or training in economics or calculus, it has been used as an introductory text.The relative lack of calculus should not be confused with a lack of rigor. This text explains economics with such clarity and precision that complex topics can be learned straightforwardly.This text does not provide an encyclopedic treatment of microeconomic theory. Instead it focuses on essential principles and analytic techniques for making decisions, successfully enabling students to apply microeconomics concepts to everyday decisions.
 

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Contents

MARKET DYNAMICS AND INTERVENTIONS
2-24
CHOICE AND DEMAND
3-30
UTILITY MAXIMIZATION
4-22
COSTS AND SUPPLY
4-25
PRODUCTION FUNCTIONS
5-15
PART 2 PUBLIC SECTOR ECONOMICS AND MARKET FAILURES
5-24
EFFICIENCY AND EQUITY
5-25
WELFARE ECONOMICS
5-35
Table A5 Compound Interest Table for Discrete Cash Flows r 2
27
Table A6 Compound Interest Table for Discrete Cash Flows r 3
27
Table A7 Compound Interest Table for Discrete Cash Flows r 4
27
Table A8 Compound Interest Table for Discrete Cash Flows r 5
27
Table A9 Compound Interest Table for Discrete Cash Flows r 6
27
Table A10 Compound Interest Table for Discrete Cash Flows r 7
27
Table A11 Compound Interest Table for Discrete Cash Flows r 8
27
Table A12 Compound Interest Table for Discrete Cash Flows r 9
27

MONOPOLY
xiv
EXTERNALITIES
xxviii
PUBLIC GOODS
lii
IMPERFECT INFORMATION
lxxvii
PART 3 COSTBENEFIT ANALYSIS AND APPLICATIONS
cix
INTERTEMPORAL COSTS AND BENEFITS
cx
COSTBENEFIT ANALYSIS
cxxvii
COSTBENEFIT APPLICATIONS
7
EPILOGUE
23
APPENDIX A
24
Table A2 Compound Interest Table for Discrete Cash Flows r 05
26
Table A3 Compound Interest Table for Discrete Cash Flows r 075
27
Table A4 Compound Interest Table for Discrete Cash Flows r 1
27
Table A13 Compound Interest Table for Discrete Cash Flows r 10
27
Table A14 Compound Interest Table for Discrete Cash Flows r 12
27
Table A15 Compound Interest Table for Discrete Cash Flows r 15
27
Table A16 Compound Interest Table for Discrete Cash Flows r 18
27
Table A17 Compound Interest Table for Discrete Cash Flows r 20
27
Table A18 Compound Interest Table for Discrete Cash Flows r 25
27
Table A19 Compound Interest Table for Discrete Cash Flows r 30
30
Table A20 Compound Interest Table for Discrete Cash Flows r 35
35
APPENDIX B
29
GLOSSARY
42
INDEX
42
ENDNOTES
47
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About the author (2011)

Professor Anne Steinemann specializes in environmental decision-making, applying microeconomic principles to problems such as water resources and energy management, climate change, indoor air quality, and sustainability. She is currently Professor of Civil and Environmental Engineering, and Professor of Public Affairs, at the University of Washington. Previously, she was a faculty member at the Georgia Institute of Technology, and research associate at the Scripps Institution of Oceanography, U.C. San Diego. She has also held positions with the U.S. Geological Survey, Stanford University, Florida Institute of Technology, and Linköping University in Sweden. She received her Ph.D. in Civil and Environmental Engineering from Stanford University.Professor Steinemann has received university and national teaching awards. She advises numerous governments and industries on water and environmental issues, and directs research funded by NSF, NOAA, USGS, NASA, EPA, and other agencies. Her work takes an interdisciplinary approach to problem solving, integrating expertise in engineering, environmental science, economics, public health, law, and policy.

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