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Introduction

  • Burkhard Heer
Chapter
Part of the Springer Texts in Business and Economics book series (STBE)

Abstract

Public economics studies the problems of government expenditures and revenues. Almost all major graduate textbooks on this issue focus on an exclusively microeconomic presentation. Modern problems in public economics, however, are inherently macroeconomic in nature. Just consider what are arguably the most important problems facing modern industrialized countries: demographics, debt, and pensions. As a consequence, many textbooks on public economics are awfully shy about these pressing issues that were aggravated by the recent financial crisis.

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Burkhard Heer
    • 1
  1. 1.Department of Business and EconomicsUniversity of AugsburgAugsburgGermany

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