1. Introduction -- 2. Market failures : microeconomic aspects -- 3. Market failures : macroeconomic aspects -- 4. The normative theory of economic policy -- 5. Government failures : elements of a positive theory of economic policy -- 6. Property rights, corporate governance and public enterprises -- 7. Competition policies; policies for externalities and public goods -- 8. Industrial and regional policies; redistributive policies -- 9. Social choice and cost-benefit analysis -- 10. Macroeconomic schemes of analysis in an open economy -- 11. Macroeconomic objectives and monetary policy -- 12. Macroeconomic objectives and fiscal policy -- 13. Incomes and price policies -- 14. Balance-of-payments policies -- 15. Trade policies : free trade and protectionism -- 16. Monetary systems and exchange rate regimes -- 17. Development and trade organisations -- 18. Regional public institutions : the European Union.

19. The internationalisation of private institutions : the globalisation of markets and production -- 20. The challenges of globalisation for public policies.