{"product_id":"the-microeconomics-of-public-policy-analysis","title":"The Microeconomics of Public Policy Analysis","description":"\u003cp\u003eThis book shows  from start to finish  how microeconomics can and should be used in the analysis of public policy problems. It is an exciting new way to learn microeconomics  motivated by its application to important  real-world issues. Lee Friedmans modern replacement for his influential 1984 work not only brings the issues addressed into the present but develops all intermediate microeconomic theory to make this book accessible to a much wider audience.  Friedman offers the microeconomic tools necessary to understand policy analysis of a wide range of matters of public concern--including the recent California electricity crisis  welfare reform  public school finance  global warming  health insurance  day care  tax policies  college loans  and mass transit pricing. These issues are scrutinized through microeconomic models that identify policy strengths  weaknesses  and ideas for improvements. Each chapter begins with explanations of several fundamental microeconomic principles and then develops models that use and probe them in analyzing specific public policies.  The book has two primary and complementary goals. One is to develop skills of economic policy analysis: to design  predict the effects of  and evaluate public policies. The other is to develop a deep understanding of microeconomics as an analytic tool for application--its strengths and extensions into such advanced techniques as general equilibrium models and pricing methods for natural monopolies and its weaknesses  such as behavioral inconsistencies with utility-maximization models and its limits in comparing institutional alternatives. The result is an invaluable professional and academic reference  one whose clear explanation of principles and analytic techniques  and wealth of constructive applications  will ensure it a prominent place not only on the bookshelves but also on the desks of students and professionals alike.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44955206451253,"sku":"ByrdShop_0691089345","price":55.21,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780691089348.jpg?v=1770300902","url":"https:\/\/atxbooks.com\/products\/the-microeconomics-of-public-policy-analysis","provider":"ATX Books","version":"1.0","type":"link"}