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Book by Ekelund, Robert B.
This text investigates the intersection of individual market behavior and the mechanisms of public choice to explain how economic incentives shape both private and government decision-making. Robert B. Ekelund Jr. utilizes a neoclassical framework to analyze how supply, demand, and utility maximization function within competitive markets while simultaneously applying these same economic principles to the political sphere. The book argues that government actions are not exogenous to the economy but are instead the result of rational choices made by individuals operating within institutional constraints.
What You Will Find
This text is recognized for its clear integration of traditional microeconomic theory with the analytical tools of public choice. Students and instructors frequently note the logical consistency of the prose, which makes complex institutional interactions accessible for undergraduate study.
Page Count:
0
Publication Date:
1997-06-01
Publisher:
Addison-Wesley
ISBN-10:
0201695995
ISBN-13:
9780201695991
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