This textbook provides an important and fresh approach to the understanding of microeconomic policy. Microeconomic Policy links principles to settings and shows how theory compliments policy and vice-versa. By linking theory to policies and application, this text will enable students to acquire...

1. Introduction -- 2. Some essentials in economy-wide policy models -- 3. Socio-political regimes and economic development : exploratory models on agrarian reform in India and Chile -- 4. Social economic development goals in economy-wide policy models : an application to Korea -- 5. Growth and...