This book is a required text for ECON 504: Public Economics, one of the core CDE courses taught in the fall. The CDE currently uses the sixth edition in its classes.
Lessons assigned for class include the following:
- Chapter 1
- Section 1.1: "The Four Questions of Public Finance"
- Chapter 2
- sections on equibrium, social efficiency, competitive equilibrium maximizes social efficiency, and "From Social Efficiency to Social Welfare: The Role of Equity"
- Chapter 3 "Empirical Tools of Public Finance"
- Chapter 5 "Externalities: Problems and Solutions"
- Sections 5.1 to 5.3
- Chapter 6
- Section 6.3, "The Economics of Smoking"
- Chapter 7 "Public Goods: Problems and Solutions"
- Introduction, Section 7.1, and 7.2
- Chapter 10
- Section 10.2, "Optimal Fiscal Federalism"
- Chapter 11
- Section 11.4: "Measuring the Returns to Education"