TAILIEUCHUNG - Lecture Public economics (5th edition) - Chapter 1: The public sector in the economy

In this chapter, the following content will be discussed: Give a brief overview of different views of the role of government in the economy, list key issues confronting Southern African governments regarding their role in the economy, distinguish between the main institutional categories of the public sector, discuss the salient features of and trends in the size and composition of the South African public sector, discuss various aspects of the relationship between the public sector and the rest of the economy. | OXJORD UNIVERSITY PRESS SOUTHERN AFRICA Public Economics Chapter 1 The public sector in the economy Oxford University Press Southern Africa Pty Ltd 2011 Learning outcomes Give a brief overview of different views of the role of government in the economy List key issues confronting Southern African governments regarding their role in the economy Distinguish between the main institutional categories of the public sector Discuss the salient features of and trends in the size and composition of the South African public sector Discuss various aspects of the relationship between the public sector and the rest of the economy. OXFORD UNIVERSITY PRESS SOUTHERN AFRICA Oxford University Press Southern Africa Pty Ltd 2011 Introduction Impact of the public sector government on resource allocation and distribution Market system vs political system - Price is the equilibrating mechanism - Political process addresses needs not satisfied in the market system Political equilibrating mechanism the ballot box Price tax. Features of SA s current democracy Legacy of the past Fiscal challenges. OXFORD UNIVERSITY PRESS SOUTHERN AFRICA Oxford University Press Southern Africa Pty Ltd .

• Kinh tế học
• Public economics
• Lecture Public economics
• Public sector in the economy
• The goverment in the market
• Public sector resource
• General government consumption
• Public expenditure
• Public growth
• Public goods
• Government expenditure patterns
• Negative externalities
• Transaction costs
• Cap and trade programmes
• Public choice theory
• Unanimity voting rule
• Rawlsian experiment
• Majority voting
• Tax equity
• Public services
• Inflation taxation
• Public debt
• Debt management
• Debt servicing
• Financial credibility
• Public finance
• Lecture Public finance
• Public sector economics
• Federal government
• Legal framework
• Local governments
• The corporation tax
• Federal system
• Fiscal federalism
• Education Increase Earnings
• Public education
• Public education improves quality
• Benchmark model of the economy
• Benchmark model assumptions
• Allocative efficiency
• Economic growth
• Imperfect competition
• Monopoly competition
• Natural monopoly
• Competition policy
• Social welfare
• Social equity
• Welfare improvement
• Nozick’s entitlement theory
• Fisnical policy
• Social policy
• Poverty and inequality
• South Africa
• Cost benefit analysis
• Private benefits
• Private costs
• Monetary profits
• Tax efficiency
• Administrative efficiency
• Tax flexibility
• Excess burden
• Income taxation
• Comprehensive income tax
• Personal income tax
• Company tax
• Taxation of wealth
• Personal wealth
• Wealth tax base
• Taxing personal net wealth
• Taxes on goods
• Taxes on services
• Tax reform
• Indirect taxes
• Fiscal policy
• Passive fiscal policy
• Fiscal activism
• Tiebout model
• Fiscal decentralisation
• Fiscal centralisation
• Economics today
• The nature of economics
• Public spending
• Public choice
• Funding the public sector
• Consumer choice
• Principles of economics
• Lecture Principles of economics
• Tax policy
• Government decisions
• Housing economics and public policy
• Housing economics
• Public policy
• Macro economy
• Housing markets