Kushiro Public University of Economics was created in 1988.
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Microeconomic Theory, Econometrics, Industrial Organization,
International Economics, Labor Economics, Macroeconomics and
Monetary Economics, and Public Economics
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The public administration and economics have a very complex
relationship with one another. For instance, the public
administration does the policies, which can either make or break
the economy.
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Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. At its most basic level, public economics provides a framework for thinking about whether or not the government should participate in economics markets and to what extent its role should be. In order to do so, microeconomic theory is utilized to assess whether the private market is likely to provide efficient outcomes in the absence of governmental interference. Inherently, this study involves the analysis of government taxation and expenditures.