Topics
Public sector
The public sector includes organisations that are owned / controlled by central or local government. It includes the NHS, state-schools, the Police, HM forces and the civil service. Drawing on employment data for the UK in 2018, Of the 5.4 million people with public sector jobs, 1.6 million work in the NHS and 1.5 million in education. The NHS employs 30% of all UK public sector staff, with education employing 28% of public sector staff.
A public sector organisation is an organisation owned/run by the government that is unlikely to be run with a profit maximising objective (more likely to have allocative efficiency as an objective)
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Public Goods and Market Failure
Topic Videos
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State-Owned Businesses in the UK
Topic Videos
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NHS investment boosts economic growth
17th October 2022
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Public investment and employment effects
23rd August 2016
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Can Public Sector Pay and Pensions be Afforded?
15th March 2017
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Public Goods (Revision Presentation)
Teaching PowerPoints
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Opportunity Cost: How much do I cost the NHS?
2nd September 2019
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Government Direct Provision (Online Lesson)
Online Lessons
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Great Applied Micro Examples for your Exams in 2019
Topic Videos
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Government Spending
Study Notes
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Evaluating the rise in rail fares
2nd January 2018
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Public sector pay, real wages and productivity
20th September 2017
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The National Health Service (NHS) Explained
18th January 2016
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Public goods and economic development
24th December 2014
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Ed Miliband and incentives: is he really human?
17th March 2015