Course Page

Public Economics

Course Number:

73352


Faculty

Christina Fong, fong2@andrew.cmu.edu


Program

Undergraduate Economics


Concentrations

B.A. in Economics, B.S. in Economics, B.S. in Economics and Statistics, B.S. in Economics and Mathematical Sciences, Additional Major in Economics, Additional Major in Economics and Statistics, Minor in Economics


Course Description

In this course, students analyze the role of governments in market economies and their impact on the behavior and welfare of citizens. Reasons for government intervention in markets are examined in light of some of the economic challenges faced by modern societies in an increasingly globalized marketplace. Topics include: taxation and expenditure policies, externalities and market failure, social security, public assistance and income redistribution programs. There will also be some coverage of the role of local governments in the economy with respect to such issues as crime, urban development and education.  Minimum grade standard of "C" applies only to economics courses.

Format

Lecture: 160min/wk


Textbook

J. Gruber, "Public Finance and Public Policy" (3rd edition), Worth, 2009.


Pre-requisites

(21120 OR 21256) AND (73100) AND (73230)