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Markets and the State

Malcolm Abbott


ISBN: 9780815379522
$67.16
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ISBN: 9780815379522

Publisher Description

This book illustrates essential microeconomic concepts and theories through the examination of related policy formulation in Australia since the 1980s. It provides a fresh approach to the subject of microeconomics from the perspective of both market and government failures.

By looking at how Australia has transformed over the course of time, the book traces and tracks these changes and relates them to the broader microeconomic reforms. It also looks at the structure of Australian economic public policy formulation and process. The book uses standard microeconomic techniques to analyse the impact of these Australian policies and examines the role of government in the implementation of these policies, making it a very useful teaching vehicle for learning about microeconomics and microeconomic policies.

Author Biography

Malcolm Abbott is Associate Professor of Economics at the Swinburne University of Technology in Melbourne, Australia.

Table of Contents

PART I: THEMES AND METHODS

  1. Introduction

  2. The public policy process in Australia

  3. Economic policy and efficiency

PART II: ECONOMIC POLICY

  1. Industry policy

  2. Agricultural policy

  3. Government support for research and development

  4. Trade Practices

  5. The National Competition Policy

  6. Government business enterprises and privatisation

  7. Energy policy

  8. Utility regulation in Australia

  9. Infrastructure

  10. Labour markets

  11. Training and education markets

PART III: SOCIAL POLICIES, ENVIRONMENT AND TAXATION

  1. Social policy and the welfare state in Australia

  2. Healthcare

  3. Revenue raising. tax policy

  4. Environmental Policy

PART IV: CONCLUSION

  1. Conclusion

Review

`Markets and the State is a much-needed addition to the applied economics literature in Australia. Diverse Australian policies are lucidly assessed using microeconomic techniques. This book has an excellent coverage of topics. These range from those focusing on business and industry to ones involving social welfare and the state of the environment. Markets and the State deserves to be widely used as a text and should also be of value for reference purposes. I wish there were more books like this applying economics to Australia's situation.'- Clem Tisdell, Professor Emeritus, University of Queensland, Australia

`Balancing the roles of market and state benefits much from a knowledge of the economics of each. Malcolm Abbott's book is itself a splendidly balanced guide to this area. It presents the essential economics accessibly and with surety. It applies the insights to the key areas that make up micro-economic policy. And it illustrates these for the highly informative case of Australia since the reform era of the 1980s.' - Glenn Withers, Professor at Australian National University & University of New South Wales and President of the Academy of the Social Sciences in Australia

Product Details

Year
2018
ISBN-10
0815379528
ISBN-13
9780815379522
Format
Paperback
Author
Malcolm Abbott
Subtitle
Microeconomic Policy in Australia
Country of Publication
United States
Illustrations
68 Line drawings, black and white; 41 Tables, black and white; 68 Illustrations, black and white
Pages
290
Publication Date
2018-02-07
Publisher
Taylor & Francis Inc

Product Reviews

03 Oct, 2018
Clear and accessible - doesn't get bogged down in unnecessary detail as so many other texts in this area do. Great range of relevant topics explored to appropriate depth. Love having a book that's actually specifically about Australia for once!
By Lee