Les finances publiques en théorie et pratique fourniront aux étudiants une compréhension du rôle économique du gouvernement. Les étudiants recevront les outils nécessaires pour analyser de manière critique les problèmes/problèmes du secteur public en utilisant la théorie économique de base. L'auteur met fortement l'accent sur l'analyse des politiques comme moyen d'intégrer la théorie. Une perspective comparative internationale est intégrée dans tout le texte, permettant aux étudiants de comprendre différentes façons d'organiser le gouvernement, de créer des politiques, de collecter des revenus et d'allouer des fonds. Contrairement à la plupart des textes de finances publiques sur le marché aujourd'hui, la voix d'Ulbrich représente une approche de choix public.
The events of the last decade have challenged the contemporary neo-classical synthesis in all branches of economics, but particularly public finance. The most notable feature of the 2nd edition of Public Finance in Theory and Practice is the infusion of behavioral economics throughout the text, with an end of chapter question inviting the student to apply a behavioral lens to some question or issue. There continues to be an emphasis on the importance of the institutional context, drawing on examples from many countries and emphasizing the role of lower level governments in a federal system. The first five chapters establish this context by reviewing the role of government in a market system, the description of government structure from an economic perspective, the basic data about revenue and expenditures, the elements of public choice, and the distributional role of government.
The book has been substantially reorganized to put more emphasis on public expenditure. Expanded treatment of public goods includes common property resources and congestible or club goods. Expanded discussion of budgeting and cost-benefit analysis provides some practical application of the theory. Updated discussions of social security, public education and health care address these three major contemporary public finance issues. The traditional emphasis on revenue (taxes, fees and grants) has been retained but follows rather than precedes the discussion of expenditures.