This course is structured into three sections. Section One explores market failures and explains why public sector has reasons to exist. Section Two clarifies the main economic goals of public sector from the perspectives of efficiency, equity and liberty. Section Three tries to explain the characteristics and dilemmas of various public decision rules and then analyzes the desirability of public sector’s operation both from the demand sides and the supply sides. Finaly, government failures issue will be raised, corresponding with the market failures discussed at the beginning of the course, to clarify the appropriate principles or concept to comprehend the border of market and government.
Economics
经济学是一门对产品和服务的生产、分配以及消费进行研究的社会科学，注重的是研究经济行为者在一个经济体系下的行为，以及他们彼此之间的互动，即人类经济活动的规律。 在现代，经济学的教材通常将这门领域的研究分为宏观经济学和微观经济学。微观经济学检视一个社会里基本层次的行为，包括个体的行为者以及与市场的互动。而宏观经济学则分析整个经济体和其议题，包括失业、通货膨胀、经济成长、财政和货币政策等。
