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Public Economics
Public Economics
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Definitions
Optimal Taxation
Taxation
Economics
Public Economics
Welfare Economics
An overview of optimal taxation, its theoretical underpinnings, and its applications in various economic paradigms.
Read more about Optimal Taxation.
Definitions
Applied Microeconomics - Definition and Meaning
Applied Microeconomics
Industrial Organization
Labour Economics
Public Economics
Health Economics
Urban Economics
An overview and detailed understanding of applied microeconomics within different specialized areas.
Read more about Applied Microeconomics - Definition and Meaning.
Definitions
Benefits in Kind
Public Economics
Social Welfare
Merit Goods
Voucher System
The concept and implications of government provision of goods and services directly to citizens instead of monetary benefits.
Read more about Benefits in Kind.
Definitions
Bergson–Samuelson Social Welfare Function
Social Welfare Function
Welfare Economics
Public Economics
Collective Preferences
Societal Well-Being
A framework in welfare economics that represents collective preferences and societal well-being.
Read more about Bergson–Samuelson Social Welfare Function.
Definitions
Fiscal Illusion
Fiscal Policy
Taxation
Public Economics
A systematic misperception of the tax burden by taxpayers causing distorted democratic decisions on fiscal issues.
Read more about Fiscal Illusion.
Definitions
General Government Final Consumption
Government Spending
Public Economics
Fiscal Policy
The spending of general government on real goods and services, excluding investment.
Read more about General Government Final Consumption.
Definitions
Imputed Charge for Consumption of Non-Trading Capital
Capital Consumption
Government Assets
Non-Trading Capital
Public Economics
An estimate of capital consumption in respect of government assets such as offices, schools, or hospitals which are not run as profit-making businesses.
Read more about Imputed Charge for Consumption of Non-Trading Capital.
Definitions
Ramsey Rule
Ramsey Rule
Optimal Commodity Taxes
Public Economics
A formula characterizing optimal commodity taxes in an economy with a single consumer, aimed at maximizing utility subject to a revenue constraint.
Read more about Ramsey Rule.
Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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