Public Economics

0.5 Course Units

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 political models affecting economic variables. Fall or Spring Prerequisite: ECON 7100 AND ECON 7200 AND ECON 7110 AND ECON 7210 AND ECON 7300 AND ECON 7310 0.5 Course Units