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May 03, 2024
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ECON 159 PO - Economics of the Public Sector
CrsNo ECON159 PO
When Offered: Offered alternate years; next offered fall 2012.
Instructor(s): E. Brown
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: ECON 102 PO .
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