Finance

PP520-1: Identify the nature of public goods and externalities as they relate to the public sector.

There has been a call for work from a conference you will be attending, and you have decided to submit a paper on finance in public administration describing the following items:

Instructions:

1. What are the fundamental questions of public finance?
2. How does Lindahl pricing, and direct/representative democracy, justify government action
3. Explain Public choice theory and the political processes.

You also want to relate these topics to the political economy and government failure.

Your policy paper should be a 3–5 pages and use APA formatting when referring to textbooks or any outside sources.