Managerial Economics

1 Course Unit

Public goods, externalities, uncertainty, and income redistribution as sources of market failures; private market and collective choice models as possible correcting mechanisms. Microeconomic theories of taxation and public sector expenditures. The administration and organization of the public sector. Fall or Spring Mutually Exclusive: BEPP 2500 Prerequisite: (MGEC 6110 AND MGEC 6120) OR (ECON 7100 AND ECON 7110) 1 Course Unit