question 1a how do economists go about studying, Managerial Economics

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question 1a how do economists go about studying

Question 1:

(a) How do economists go about studying the economics of the public sector? Describe the four stages of analysis.

(b) What are the main reasons explaining systematic failures of government?

Question 2:

What do economists mean when they say the economy is efficient? What basic conditions have to be satisfied if markets are to be efficient?

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Managerial Economics: question 1a how do economists go about studying

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Managerial Economics: question 1a how do economists go about studying

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