Public Economics 7e is a southern African textbook on the subject, written by respected South African experts. The new edition deals with current issues such as social security and health care, and demonstrates how public economic theory is relevant to the real-world context.

Public Economics 7e equips senior undergraduate and postgraduate students with basic analytic skills and demonstrates how these apply to practical issues.

Features

• Learning outcomes
• Key concepts
• Boxed features - provide examples and show application of theory
• Multiple-choice questions
• Short-answer questions
• Essay questions.
• New information on allocative efficiency, imperfect competition and regulation that deals with natural monopoly pricing, competitive restructuring, privatisation and types of regulation.
• Separate chapters on government's role in the reduction of inequality and poverty, on social insurance and assistance, and on the importance of effective provision of social services.
• Separate chapters on personal income tax and on the taxation of companies, which includes foci on capital gains taxation, small businesses, the informal sector, tax gap analysis, compliance and tax reforms.
• Special attention to different views on fiscal policy and the requirements of public debt sustainability.