Economics of the Public Sector (ECON159 PO (UG22))
Semester: Fall Term 2022 (UNDG)
Faculty
There is not currently a faculty member for this course
Description
Economics of the Public Sector. The microeconomic rationale for government activity in a market economy and the economic effects of such activity. Market failure and the tools of normative analysis; income redistribution, design of major federal expenditure programs such as Social Security, medical insurance and welfare; the design, incidence and behavioral consequences of tax policy; collective decision making and the theory of public choice. Prerequisite: 102.