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Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity.
For questions about clarifications of economics terms. Use this tag to ask about unclear or ambiguous terms, and remember to show any research you've found already before asking about a definition.
Study of the behavior of firms in organizing their production and allocating productive resources.
a quantitative measure of how good or bad a policy or situation is for a society, overall. It is usually obtained by somehow "aggregating" the utility functions of all the people in…
a branch of economics which deals with economic aspects of the development process in low-income countries.
The application of economics to issues in the natural environment; especially concerning climate change.
a commonly used functional form for a firm's production function or for consumers' utility, with a variety of convenient properties.
Questions involving crypto currencies, crypto coins and tokens traded via the distributed ledger technology (blockchain) and its functioning aspects, as well as the valuation, exchange and issuance of…
A property of preferences that causes an agent to prefer alternatives whose outcomes are relatively certain, even when the associated expected payoff is lower.
a field in economics and game theory that takes an engineering approach to designing economic mechanisms or incentives, toward desired objectives, in strategic settings, where play…
Economic questions related to the United States of America, a large country located in North America.
a conglomerate of models and results concerning the aggregation of individual choices into collective choices
The study of how groups of people should make collective decisions. This can involve voting, bargaining, the application of some protocol (e.g. to fairly divide goods), or maximizing some measure of …