Public Economics

3 Credits.

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 TheoryCorequisite: 440.606 Econometrics.