Public choice economists

Question

Quizplus · Accepted Answer

Public choice economists apply economic principles and analysis to public sector decision making, politics, and elections. They seek to understand how people make decisions and align their incentives in the public sector, just as traditional economists study decision making in the private sector. Public choice economics is not synonymous with Keynesian economics (which is a particular macroeconomic framework). Also, public choice economists are not necessarily employed by governments - they may be academics or work for other organizations. Analyzing the incidence of taxes - choice A - is one application of public choice economics, but it is not the sole focus of the field. The statement in choice D is not accurate as public choice economists may work in many different roles, not necessarily as government employees.

Public Choice Economists