TASKS FOR SELFSTUDY Topic 1 INTRODUCTION INTO STUDY OF PUBLIC ECONOMICS AND ECONOMY 1. How would you define “the public sector”? Give some examples private nonprofit organizations and state private organizations in your country. 2. What are the reasons for government intervention in the economy? Which reasons are in your opinion objective and which reasons are not objective (unfair). 3. How might the government intervene in the economy? 4. Try to identify five examples of statements which are normative and five examples of statements which are part of positive economics. 5. How “big” is public sector in your country (public expenditures as a share of GDP, Public revenues as a share of GDP etc.)?
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