Asked by
Leene Meiji
on Dec 11, 2024Verified
The branch of economics that applies the principles and methodology of economics to the operation of the political process is known as
A) private choice analysis.
B) public choice analysis.
C) government operations analysis.
D) policy preference analysis.
Public Choice Analysis
A study that applies economic principles and methodologies to political science, focusing on government behavior and public policies.
Economic Principles
Foundational concepts and theories that guide the analysis of economic behavior, decision-making processes, and the allocation of resources.
Political Process
The methods and actions used to formulate and apply policies within a government or political system.
- Understand the principles of public choice theory and how it applies to the political process and government decision-making.
Verified Answer
MN
Learning Objectives
- Understand the principles of public choice theory and how it applies to the political process and government decision-making.