Course ID: | ECON 8310. 3 hours. |
Course Title: | Public Economics I |
Course Description: | Market failures involving public goods and externalities, and of methods for measuring and reducing their efficiency costs, together with analysis of taxation and income-redistribution policies and discussion of collective choice theories, including social choice and public choice paradigms. |
Oasis Title: | PUBLIC ECON I |
Prerequisite: | ECON 8010 |
Semester Course Offered: | Offered every year. |
Grading System: | A-F (Traditional) |
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Course Objectives: | Students will develop skills in understanding market failures involving public goods
and externalities, and methods for measuring and reducing their efficiency costs.
The class will also study the analysis of taxation and income-redistribution policies
and discuss collective choice theories. |
Topical Outline: | Introduction
Collective Choice
Cost-Benefit Analysis
Normative and Positive Aspects of Raising and Spending Tax Revenue
Public Goods
Externalities
Enforcement |