ECON 132 · Public Economics
Learning Portal · Stiglitz & Rosengard, 4th Edition

Public Economics, structured.

A complete learning kit for the first five chapters of Economics of the Public Sector: in-depth reading modules, flashcards for memorization, self-check quizzes, and exam-style problem sets  —  with all the original textbook graphics.

5 Chapters
95+ Flashcards
60+ Quiz Questions
30+ Problem Sets
17 Figures

Chapters

01

Defining Public Sector Responsibilities

What is the role of the state in a mixed market economy? How does one think like a public-sector economist?

Mixed Economy Market Failures Positive vs. Normative Musgrave
02

Measuring Public Sector Size

How big is the state? An overview of production, subsidies, regulation, purchases, and redistribution.

Govt Production Subsidies Regulation Transfers
03

Market Efficiency

Pareto efficiency, the two fundamental theorems of welfare economics, and the three efficiency conditions.

Pareto Welfare Theorems Exchange Production
04

Market Failure

The six classic types of market failure: competition, public goods, externalities, incomplete markets, information, and disequilibrium.

Monopoly Externalities Asym. Info Merit Goods
05

Public Goods & Publicly Provided Private Goods

Rivalry and excludability, the free-rider problem, efficient provision of public goods, and rationing methods.

Pure Public Goods Free Rider Lindahl Rationing

How to use this material

📖

1. Read

For each chapter, a structured reader covering every key concept, example, and figure from the textbook.

🃏

2. Flashcards

Click to flip, use arrow keys to navigate. Shuffle for active recall before the exam.

3. Quiz

Multiple-choice with instant explanations. Conceptual exam prep — not rote memorization.

4. Problem Sets

Open-ended Stiglitz-style questions with model answers — just like the end-of-chapter problem sets.