Public Sector Economics

Public Sector Economics studies how government policies and activities influence the economy and society. It examines the role of government in providing public goods and services, collecting taxes, and redistributing wealth to promote efficiency, equity, and economic stability. The field analyzes the costs and benefits of government interventions to ensure resources are used effectively and societal goals are met. Essentially, it helps understand how government actions impact economic well-being and how to design policies that improve overall public welfare.