EC325 Public Economics

This class was created by Brainscape user T L. Visit their profile to learn more about the creator.

By: T L

Decks in this class (21)

1 - What is Public Economics?
Government intervention,
First fundamental theorem,
Second fundamental theorem
18  cards
2 - Foundations of welfare and distributional analysis
Outline of the basic framework,
Marginal rate of substitution,
Indifference curve
19  cards
3 - Externalities
Externality and welfare theorem,
Examples of externalities,
Graph negative externalities and ...
30  cards
4 - Public Goods
2 main characteristics of public ...,
Examples of pure and impure publi...,
Utility with public goods
21  cards
5 - Empirical Methods & Evaluation
Average treatment effect selectio...,
Identifying assumptions,
Approaches to remove selection bias
26  cards
6 - Political Economy
Suggest two social choice problem,
Explain social choice problem 1 p...,
Explain
21  cards
7 - Social Insurance
What is social insurance,
Why do people value social insurance,
Optimal insurance
23  cards
8 - Retirement Pension
Why should government intervene,
Government,
Fully funded vs pay as you go
9  cards
9 - Health Policy
Why should governments intervene ...,
Imperfect information adverse sel...,
Redistributive argument two dimen...
19  cards
10 - Behavioral Public Economics
Seemingly irrelevant factors,
Empirical evidence of mistakes,
Kahneman and tversky
24  cards
LT 1 - Tax Incidence
Partial equilibrium definitions d...,
State and prove partial equilibri...,
The side on which the tax is levi...
22  cards
LT 2 - Poverty Alleviation
Inequality vs poverty,
Types of transfer programs eligib...,
Types of transfer programs benefi...
20  cards
LT 3 - Taxes, Transfers and Labour Supply
The standard static model,
Graphically show the income and s...,
Elasticities equation
17  cards
LT 4 - Migration and Transfer System
Individual location choice,
Equation of after tax wage,
Difficulty in identifying motives...
10  cards
LT 5 - Income & Wealth Inequailty
Definition of capital income and ...,
Private public and national wealth,
3  cards
LT 6 - Income and Behavioural Responses at the Top of the Distribution
How do high income earners respon...,
Channels of taxable income response,
Why focus on eti
15  cards
LT 7 - Commodity Taxation
Reasons of imposing commodity taxes,
Deadweight loss of taxation,
Marginal deadweight loss of commo...
16  cards
LT 8 - Optimal Income Taxation
2 welfare theorems,
Efficiency vs equity,
First best vs second best
20  cards
LT 9 - Tax evasion
The allingham sandmo model of tax...,
Comparative statics of a s model,
A s model vs reality
12  cards
LT 10 - Taxation and Development
Presumptive taxation,
Tax structure in developing count...,
Modern tax vs traditional tax
12  cards
EC325 Problem Sets
Condorcet cycle,
Legacy debts,
Payg in developing countries
74  cards

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EC325 Public Economics

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