Course Description

440.661 - Public Economics

This course analyzes the determinants and properties of government expenditures and social regulation. The first part of the course is generic: It addresses efficiency and equity in income redistribution; the provision of public goods; coping with externalities, addiction and risk; and voting and bureaucracy, and taxation. The second part of the course is particular: It examines health policy, education policy, statutory pensions, and welfare policy in a comparative international context. Prerequisites: 440.601 Microeconomic Theory; 440.602 Macroeconomic Theory. Corequisite:; 440.606 Econometrics.