Economics Of Public Policy

Catalog description

The examination and analysis of public finance practices and problems in the federal fiscal system. Government activities that involve spending and taxation are analyzed applying basic principles of economics. Topics include public education, social security, healthcare, environment and tax systems. State and local government issues are also addressed. Typically offered Fall Spring. Prerequisite(s): ECON 10100 FOR LEVEL UG WITH MIN. GRADE OF C OR ECON 25100 FOR LEVEL UG WITH MIN. GRADE OF C Course Learning Outcomes 1. Explain how the provision of government goods and services through political institutions differs from market provision of goods and services. 2. Examine and analyze taxes and subsidies with and without market failure. 3. Examine and analyze various types of government expenditures on public education, health care, social security, income assistance, unemployment compensation, etc. 4. Explain how cost-benefit analysis can be used to help government choose among alternative investment projects. 5. Examine and analyze the impact of various types of taxes on the economy. View Class Schedule