Public Economics

• Discussion on the changing role of government
• Discussion on inequality and distribution in South Africa
• A new chapter on policy issues in education
• A new chapter on health and social security policy issues
• Discussion on the impact of the recent global financial crises
• The only Southern African text on the subject, written by well-respected and well-known South African experts
• Learning outcomes at the start of each chapter
• Boxed features regarding current issues and enrichment information
• Important concepts feature at the end of each chapter.

Readership: Public Economics 5th edition caters for senior undergraduate and postgraduate university students within a focused area of Economics.

Philip Black, Estian Calitz, Tjaart Steenekamp, and Krige Siebrits

Part 1: Perspectives on the role of government in the economy
1: The public sector in the economy
2: The competitive model and its failures
3: Public goods and externalities
4: Imperfect competition
5: Equity and social welfare
5: Public choice theory
Part 2: Public expenditure and social issues
7: Public expenditure and growth
8: Education
9: Health care and social security
10: Cost-benefit analysis
Part 3: Taxation
11: Introduction to taxation and tax equity
12: Tax efficiency and tax reform
13: Income taxation
14: Taxation of wealth
15: Taxes on goods and services
Part 4: Fiscal and social policy
16: Fiscal policy
17: Public debt and debt management
Part 5: Intergovernmental fiscal relations
18: Fiscal federalism