Introduction

 

Lecture Notes

1. What is Public Economics?
2. Review : Welfare Economics in an Exchange Economy
3. Review : Welfare Economics in a Production Economy
4. First-best and Second-best
5. Review : Consumer's Surplus

 

 

Figures

1. Figure 1
2. Figure 2
3. Figure 3
4. Figure 4
5. Figure 5
6. Figure 6
7. Figure 7
8. Figure 8
9. Figure 9