The Foundations of Economic Policy
The Foundations of Economic Policy
$106.00
USDThis is the first English-language edition of Nicola Acocella's highly successful undergraduate text, originally published in 1994. Aimed at advanced undergraduate and graduate students, Acocella's emphasis is on the persistence of market failures and the full range of issues connected to public intervention and regulation. Very impressive in its scope, (including welfare economics, social choice, public economics as well as macro- and micro-economic theory and policy), Foundations of Economic Policy is user friendly with a comprehensive index, summaries, key word lists and pathways designed for both rigorous and intuitive study.
- Very impressive breadth of coverage, covering theory and application in a way not readily available in any other text
- A user-friendly approach, including a comprehensive index, end of chapter summaries, and clearly separated out technical and intuitive analysis, making for an ideal textbook
- Very well received, and very well selling when first published in Italian
Reviews & endorsements
"Professor Nicola Acocella has provided an illuminating and challenging account of the foundations of economic policy. His analysis covers the established ground as well as providing new departures, and the book is a rich addition to the existing literature." Amartya Sen, University of Cambridge
Product details
October 1998Paperback
9780521586382
540 pages
244 × 170 × 28 mm
0.85kg
29 tables
Available
Table of Contents
- 1. Introduction
- Part I. Defining Social Preferences:
- 2. Individual preferences and social preferences
- 3. The Pareto principle and 'new welfare economics'
- Part II. Social Choices, Government and the Market:
- 4. Theories of justice, welfare functions and the social optimum
- 5. Social preferences and institutions
- 6. Market failures: microeconomic aspects
- 7. Market failures: macroeconomic aspects
- Part III. Normative and Positive Theory of Economic Policy:
- 8. The normative theory of economic policy
- 9. 'Non-market' failures: elements of a positive theory of economic policy
- Part IV. Microeconomic Intervention:
- 10. Microeconomic policies for efficiency
- 11. Redistributive policies and optimal taxation
- 12. Social choice and cost-benefit analysis
- Part V. Macroeconomic Intervention in a Closed Economy:
- 13. Macroeconomic objectives and monetary policy
- 14. Macroeconomic objectives and fiscal policy
- 15. Incomes and price policies
- Part VI. Macroeconomic Intervention in an Open Economy:
- 16. Monetary systems and exchange rate regimes
- 17. Balance of payments policies
- 18. Economic policies in an open economy
- Part VII. Problems of 'Regime' in Government Action, Domestic and International:
- 19. Consistency in public choice
- Index
- References.
