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7E
                                 FUNDAMENTALS OF


                               MANAGERIAL
               MARK HIRSCHEY




                               ECONOMICS

                               Chapter 16


                                        Public Management
PowerPoint
Presentation
     by
   Charlie
                                                    息 2003 South-Western/Thomson Learning
    Cook
Optimal Amount of a
                                              Public Good




                                                                              Figure 16.1
Fundamentals of Managerial Economics 7e   息 2003 South-Western/Thomson Learning      162
Maximization of Social Benefits from
                                           Government Programs and Public-
                                                 Sector Investments




                                                                                          Figure 16.2
Fundamentals of Managerial Economics 7e               息 2003 South-Western/Thomson Learning      163
High GDP Growth, Coupled with Low
                                                    Unemployment and Inflation, Made for a
                                                     Vibrant New Economy in the 1990s




Note: Real GDP growth (chained 1996 dollars) and inflation (measured by the CPI-U-RS) are average annual rates from the end of
the preceding year through the end of the period. Unemployment rates are monthly averages. Data for 2000 are through the third
quarter for real GDP and through November for unemployment and inflation.
                                                                                                                                 Figure 16.3
Sources: Department of Commerce (Bureau of Economic Analysis) and Department of Labor (Bureau of Labor Statistics).
Fundamentals of Managerial Economics 7e                                               息 2003 South-Western/Thomson Learning             164
Growth in Real Household Income by
                                           Quintile, 19731993 and 19931999




                                                                                             Figure 16.4
Source: Department of Commerce (Bureau of the Census).
Fundamentals of Managerial Economics 7e                  息 2003 South-Western/Thomson Learning      165
Long-Term Budget Balance Projections Differ
                                                Widely Under Various Policy Assumptions




Note: Data are for fiscal years, Projections are based on policy and economic assumptions fro the June 2000
Mid-session review updated for actual economic performance through the third quarter of 2000.
                                                                                                                            Figure 16.5
Source: Office of Management and Budget.
Fundamentals of Managerial Economics 7e                                                 息 2003 South-Western/Thomson Learning      166
Recent Global Changes in Labor Productivity and
                                Total Factor Productivity (19901995 to 19961999)




                                                                                                Figure 16.6
Source: Board of Governors of the Federal Reserve System.
Fundamentals of Managerial Economics 7e                     息 2003 South-Western/Thomson Learning      167
Average Annual Percent Change in Imports and
                                             Exports by End-Use Category (19962000)




Note: Total includes other, which is not shown. Estimates for 2000 are based on data for the first three quarters.
                                                                                                                                Figure 16.7
Source: Department of Commerce (Bureau of the Census).
Fundamentals of Managerial Economics 7e                                                     息 2003 South-Western/Thomson Learning      168
Health
                                                                                  Insurance
                                                                                 Coverage of
                                                                               Those Under 65,
                                                                                by Insurance
                                                                                  Type and
                                                                                Income, 1999




Source: Department of Commerce (Bureau of the Census).
                                                                                             Figure 16.8
Fundamentals of Managerial Economics 7e                  息 2003 South-Western/Thomson Learning      169
Health Expenditures and Enrollment
                            in Health Maintenance Organizations




Sources: Department of Health and Human Services (Health Care                                             Figure 16.9
Financing Administration) and Employee Benefits Research Institute.
Fundamentals of Managerial Economics 7e                               息 2003 South-Western/Thomson Learning     1610

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Ch16

  • 1. 7E FUNDAMENTALS OF MANAGERIAL MARK HIRSCHEY ECONOMICS Chapter 16 Public Management PowerPoint Presentation by Charlie 息 2003 South-Western/Thomson Learning Cook
  • 2. Optimal Amount of a Public Good Figure 16.1 Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 162
  • 3. Maximization of Social Benefits from Government Programs and Public- Sector Investments Figure 16.2 Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 163
  • 4. High GDP Growth, Coupled with Low Unemployment and Inflation, Made for a Vibrant New Economy in the 1990s Note: Real GDP growth (chained 1996 dollars) and inflation (measured by the CPI-U-RS) are average annual rates from the end of the preceding year through the end of the period. Unemployment rates are monthly averages. Data for 2000 are through the third quarter for real GDP and through November for unemployment and inflation. Figure 16.3 Sources: Department of Commerce (Bureau of Economic Analysis) and Department of Labor (Bureau of Labor Statistics). Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 164
  • 5. Growth in Real Household Income by Quintile, 19731993 and 19931999 Figure 16.4 Source: Department of Commerce (Bureau of the Census). Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 165
  • 6. Long-Term Budget Balance Projections Differ Widely Under Various Policy Assumptions Note: Data are for fiscal years, Projections are based on policy and economic assumptions fro the June 2000 Mid-session review updated for actual economic performance through the third quarter of 2000. Figure 16.5 Source: Office of Management and Budget. Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 166
  • 7. Recent Global Changes in Labor Productivity and Total Factor Productivity (19901995 to 19961999) Figure 16.6 Source: Board of Governors of the Federal Reserve System. Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 167
  • 8. Average Annual Percent Change in Imports and Exports by End-Use Category (19962000) Note: Total includes other, which is not shown. Estimates for 2000 are based on data for the first three quarters. Figure 16.7 Source: Department of Commerce (Bureau of the Census). Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 168
  • 9. Health Insurance Coverage of Those Under 65, by Insurance Type and Income, 1999 Source: Department of Commerce (Bureau of the Census). Figure 16.8 Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 169
  • 10. Health Expenditures and Enrollment in Health Maintenance Organizations Sources: Department of Health and Human Services (Health Care Figure 16.9 Financing Administration) and Employee Benefits Research Institute. Fundamentals of Managerial Economics 7e 息 2003 South-Western/Thomson Learning 1610