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ECON 451

Public Finance

Catalog2026-2027
Credits3 units
LevelUpper Division
Average gradeB
Standard

Overview

Description

Appraisal of the effects of government financial policies. Government expenditures, taxation, government borrowing and indebtedness and fiscal policy are considered.

Requirements

Prerequisites

ECON 102ECON 103
Original catalog text

Prerequisites

Prerequisite(s): ECON 102; ECON 103.

Units

Lecture3

Catalog Details

Offering

Offered: Every Spring

Terms

spring

Attributes

Standard

Learning Outcomes

  • demonstrate understanding of the rationale behind government expenditure programs.
  • demonstrate understanding of some of the methodologies used in the evaluation of government activities.
  • apply public finance theory to analyze the efficiency and equity aspects of major tax instruments and tax reform.
  • demonstrate understanding of the structure and character of public finance systems in the U.S. and elsewhere.
  • describe some of the empirical research related to taxation and government expenditure.
  • analyze data related to government using basic statistical methods including regression analysis.
  • write policy essays related to public finance topics covered in class.