ECON 7030X Public Finance and Public Policy

30 hours plus conference; 3 credits

The role of government in a market economy. Topics include market failures such as public goods, externalities, information asymmetries and uncertainty; government policies as a corrective device for market failures; collective decision making and public choice theory; principles of taxation; and analysis of public policy issues.

Prerequisite: one undergraduate course in macroeconomics and one undergraduate course in microeconomics. Prerequisite or corequisite: Economics 7025X [725.1X]. Prerequisite or corequisite: Economics 7025X [725.1X].

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