Asked by
Maria Monica Fernandez
on Oct 08, 2024
Verified
The field of economics that analyzes government decision making,politics,and elections is called:
A) public finance.
B) public choice theory.
C) collective economics.
D) political economy.
Public Choice Theory
An economic theory that applies principles of economics to political science, analyzing how public decisions are made and the behaviors of voters, politicians, and bureaucrats.
Government Decision Making
Government decision making involves the processes and actions through which governments set policies, allocate resources, and address societal needs and challenges.
- Examine the fundamental tenets of public choice theory and elucidate how these principles are applied within governmental decision-making processes, political contexts, and electoral systems.
Verified Answer
MN
Learning Objectives
- Examine the fundamental tenets of public choice theory and elucidate how these principles are applied within governmental decision-making processes, political contexts, and electoral systems.