Public Finance: A Contemporary Application of Theory to Policy

by David N. Hyman

Build a strong understanding of today's public finance and public policy with the economics-oriented approach in Hyman's PUBLIC A CONTEMPORARY APPLICATION OF THEORY TO POLICY, 12E. Popular author and respected economist Dr. David Hyman clearly illustrates the role government plays in today's economy as he explains how and why the public sector makes decisions. This timely edition addresses public issues confronting the United States and other nations throughout the new millennium. You examine expenditure and tax topics as you develop analytical tools to understand major government policy and finance issues. Packed with current, real examples, this edition sparks lively discussion and debate with its coverage of hot topics, such as today's national defense and homeland security, pollution rights, Social Security reform, federal tax reform and the Iraq war. Numerous study tools and exercises help you sharpen your economic insights.

Genres: Economics, Political Science

720 pages, Hardcover

First published January 1, 1983

Reviews

[Matt · Rating 4 out of 5]

A good (though perhaps not great) introductory textbook on Public Finance. Generally speaking, you don't get much beyond basic applied microeconomic models - typically partial equilibrium, with only a few allusions to general equilibrium problems such as the case of tax incidence - so it isn't too difficult of a read. I was perusing through Atkinson and Stiglitz's Lectures on Public Economics throughout when I wanted a much more thorough treatment of some of the models taken up, but the upside of Hyman's text is the breadth of content, especially with regards to the U.S. income tax code and notable programs such as Social Security. All in all a good introductory textbook.

[Sarun · Rating 5 out of 5]

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