Markets and the Economics of the Public Sector ECO/365

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Due tomorrow 5/24/16 6am

Preparing a paper consisting of 1,000 words for the governor's next economic conference. Your paper should address the following:

 

  • Discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities.
  • Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers using the benefits principles.

Cite a minimum of 3 peer-reviewed sources, not including your textbook.

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