PUBLIC POLICY ANALYSIS (ECO 311)

14 PAGES (5335 WORDS) Economics Study/Lesson Note

Introduction

Characteristics of Public Policy 

Importance of Public Policy

Types of Public Policy 

Basic Terminologies of Public Policy Analysis

The Rationale for Public Sector

(LECTURE II: APPLICATIONS AND LIMITATIONS OF PUBLIC POLICY ANALYSIS)

Introduction

Elements of good policy analysis 

limitations of public policy analysis

(LECTURE III: FORMULATION OF NATIONAL PUBLIC POLICIES)

Introduction

Stages of Policy Making 

Actors/Agencies in the Policy Process 

(LECTURE IV: WELFARE ECONOMICS, THEORIES AND THEIR APPLICATIONS TO POLICIES)

Introduction

PIGOVIAN THEORY OF WELFARE ECONOMICS AND EXTERNALITIES

ASSUMPTIONS OF PIGOVIAN CONDITION

ANALYSIS OF EXTERNALITIES / DIVERGENCES BETWEEN PRIVATE AND SOCIAL COST AND BENEFIT

CAUSES OF EXTERNALITIES 

REMEDIAL MEASURES TO EXTERNALITIES