Public Economics
Lecture 3 (20.10.2020): Mixed Economies. Economic role of the Government
In a market economy, most economic decisions are made by individual buyers and sellers, not by the government. Economists, however, identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy.
Online meeting
20.10.2020 at 16:00:
MS teams: BPV_APEC Public Economics
PowerPoint Presentation
Group activity
Government activity for students
Study material
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