Abstract

Part 1: Methodology 1. The Economists' Approach to Policy Problems 2. Why do Governments Intervene in the Economy 3. An Alternative Explanation of Public Policies: An Economic Theory of Politics Part 2: Macro-Economic Policy 4. Unemployment 5. Inflation 6. The Balance of Payments 7. Economic Growth Part 3. Micro-Economic Policy 8. Price Controls, Markets and Income Distribution 9. Large Firms, Mergers and Public Policy 10. Monopoly, Mergers and Public Policy 11. Monopoly, Bureaucracy and Competition in the Public Sector 12. Subsidy Policy and the Regions 13. Subsidy Policy and Lame Ducks

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