Overview
Description
Theory of local, state and federal expenditures and revenues. Economic effects of alternative policies and decision-making processes of the public sector are emphasized.
Requirements
Prerequisites
ECON 702
Original catalog text
Prerequisites
Units
Lecture3
Catalog Details
Offering
Offered: Every Fall - Odd Years
Terms
fall
Attributes
Standard
Learning Outcomes
- demonstrate mastery of welfare economics, and theories of public goods, externalities, and taxation.
- discuss and critique the theories covered in class.
- understand and describe some of the empirical methodologies and evidence related to taxation and government expenditure.
- use public finance theory to analyze the efficiency and equity aspects of major tax instruments and tax reform.
- understand and describe the structure and character of public finance systems, including fiscal federalism, in the U.S. and elsewhere.
- work independently on a research project related to a public finance topic.