The Microeconomics of Market Failures -- Contents -- Preface -- The Microeconomics of Market Failures -- Introduction -- Collective Choice -- The Aggregation of Preferences -- Cost-Benefit Analysis -- Implementation -- Public Economics -- Public Goods -- External Effects -- Nonconvexities --...

Intro -- Contents -- Acknowledgments -- Introduction -- 1 The Modern Macroeconomic Approach and the Arrow-Debreu-McKenzie Model -- 2 Prices, Efficiency, and Macroeconomics -- 3 Macroeconomists, Efficiency, and Inequality -- 4 Macroeconomic Shortcuts -- 5 Benchmark Macroeconomic Models and Policy...