ECON 348 - Economics of the Public Sector

This course considers the role of government in the economy. We examine the theoretical rationale for government intervention in the economy and the economic consequences of such government intervention, with examples coming primarily from the United States. In addition, the course studies how taxation affects economic efficiency, income distribution, capital formation, and microeconomic incentives. Major topics include environmental regulation, publicly funded education, welfare, social security, health care, tax reform, and international public finance.

Unit(s): 1
Group Distribution Requirement(s): Distribution Group II
Prerequisite(s): ECON 201
Instructional Method: Conference
Grading Mode: Letter grading (A-F)
Group Distribution Learning Outcome(s):

Analyze institutions, formations, languages, structures, or processes, whether social, political, religious, economic, cultural, intellectual or other.
Think in sophisticated ways about causation, social and/or historical change, human cognition, or the relationship between individuals and society, or engage with social, political, religious or economic theory in other areas.