New IGNOU MEC-106 Help Book Public Economics in English – MA Economics Latest Edition Guide and Study Material.

Block 1 – Basic Concepts of Public Economics
Welfare Foundations of Economic Policies
Market Failure and Government Failure
Equity and Justice

Block 2 – Public Goods and Externalities
Theory of Public Goods
Externalities and Solutions
Local and Global Public Goods

Block 3 – Collective Decision Making
Theory of Social Choice
Public Choice Theory
Mechanism Design

Block 4 – Economics of Public Revenues
Direct and Indirect Taxation
Optimal Taxation
Non-Tax Revenues

Block 5 – Public Expenditure, Debt and Deficits
Theory of Public Expenditure
Patterns of Public Expenditure in India
Deficits and Debt

Block 6 – Economics of Public Sector and Regulation
Theory of Public Sector Pricing
Theory of Regulation

Block 7 – Fiscal Federalism
Theory of Multi-Level Government
Fiscal Federalism in India
Design of Fiscal Transfers

Block 8 – Public Policy
Fiscal and Monetary Policies: Growth and Stabilisation
Public Policy for Distributive Justice
International Policy Coordination