ECON 450 - Public Sector Economics

(3 units)

Prerequisites: ECON 310 and ECON 311 with grades of “C” or better.
Analysis of the theory of public goods. Criteria for efficient allocation of resources between private and public sectors. Possible responses of government externalities, such as environmental degradation. Emphasis on the allocation and distribution effects of government expenditures and taxation.

Both grading options.