ECON 426

Theory of Public Choice

James Madison University · UGRD · Fall 2026

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Examines the justification for and nature of public sector activity in a market-based mixed economy. Emphasis is placed on theories of market failure, voting models, conditions of production and provision in the public sector, and models of bureaucratic behavior.

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Class #james_madison-1267Fall 2026UGRD3 credits
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ECON 426 · Theory of Public Choice — James Madison University