Time Schedule:
Mark C Long
PB AF 517
Seattle Campus
Serves to deepen student understanding of microeconomic theory and develop skills in applying it to public policy and management issues. Prerequisite: PB AF 516.
Class description
The purpose of this course is to provide an introduction to the theory and practice of the economic functions of government from both normative and positive points of view. In this course we focus on the expenditure side of government, with a major emphasis on the programs of the US Federal government. Topics include market failure, rationale for government economic activity, public goods, externalities, collective public decision-making, income redistribution, state and local public finance, and some specific expenditure programs in the US. We will rely on applied microeconomics in this course. PBAF 516 (Microeconomic Policy Analysis) and ECON 300 (Intermediate Microeconomics) are appropriate preparation courses.
Student learning goals
General method of instruction
Recommended preparation
Class assignments and grading
