Public Finance and the Price System, 4/E
0023156716

Edgar K. Browning, Texas A&M University
Jacquelene M. Browning, Deceased, Texas A&M University

Publisher: Prentice Hall
Copyright: 1994
Format: Cloth; 566 pp

ISBN-10: 0023156716
ISBN-13:9780023156717

Our Price: £80.99
Status: Not Yet Published
Estimated Availability: 03 Feb 1994

Description

For public finance courses covering tax and expenditure policies.

  • This best-selling text delivers just the right level of economic analysis. Three previous editions have consistently been praised for clarity of presentation and a focus on the most interesting questions and techniques in public finance, avoiding unnecessary technical detail. No other public finance text has generated such positive student response.
  • This edition continues to give distinctively balanced coverage of expenditure policies and tax policies. This edition includes a new chapter devoted to deficit finance, as well as up-to-date, thought-provoking treatments of social security, health care, tax laws, and other government policies.
Table Of Contents


 1. Introduction.


 2. Market Failure: Public Goods and Extemalities.


 3. Public Choice.


 4. Principles of Expenditure Analysis.


 5. Food Stamps, Unemployment Insurance, and College Subsidies.


 6. Financing Health Care.


 7. Social Security.


 8. Govemment and the Distribution of Income.


 9. Analyzing Income Transfer Programs.


10. Principles of Tax Analysis.


11. The Federal Individual Income Tax.


12. The Corporation Income Tax.


13. Other Major Taxes.


14. Deficit Finance.


15. The Tax System.


16. Federalism.


Appendix: Consumer Choice Theory.


Index.
Features
  • provides a coherent analytical framework in the first three chapters that is systematically applied in the analysis of tax and expenditure policies in later chapters.
  • demonstrates how to use microeconomic principles to identify and evaluate the major consequences of tax and expenditure programs.
  • emphasizes the effect of government policies on the distribution of income.
  • provides an appendix on consumer choice theory--the only requisite analytical technique that may not be covered in every principles of economics course.
  • End-of-chapter questions include both review questions and questions requiring the application of principles to new topics.
  • a chapter devoted to deficit finance (Chapter 19) fully explores an issue of interest to students.
  • timely discussions of social security and health care connect theory with critical issues in public finance--generating student discussion.
  • concise coverage of core topics in public finance, easily completed in one semester, allows instructors ample time to introduce and discuss current issues as they relate to theory presented in the text.
  • revised, enlarged treatment of externalities, including discussion of environmental issues (Chapter 2), reflects recent research.
  • focus on college subsidies, in an enhanced chapter on applied expenditure analysis (Chapter 5), presents an application of public finance that has direct relevance to students.
  • analysis of earned income tax credit, an increasingly important element of the welfare system.
  • covers lotteries as method of state and government finance.
  • expanded treatment of the nature and relevance of the marginal welfare cost of taxation.
  • evaluates Clinton's tax proposals.
  • two-color text design.
Appropriate Courses

For public finance courses covering tax and expenditure policies.