Economics

Public Economics

Public Economics

This article talks about Public Economics, which changed dramatically in volume, methodology, and topics. It is the study of government policy through the lens of economic efficiency and equity. It has been quick to draw upon the insights of other fields and to understand their implications for policy analysis. Public economics is also the study of economic policy, with particular emphasis upon taxation. It builds on the theory of welfare economics and is ultimately used as a tool to improve social welfare.