Economics and Public Policy II

Subject: 
Public Service (PS)
Catalog number: 
626
Unit weight: 
0.50
Meet type: 
SEM
Grading basis: 
NUM
Cross-listing(s): 
N/A
Requisites: 
PS Grad Students Only
Description: 
This course focuses on the rationale for government intervention in a market economy. The course begins with a consideration of market successes through the analysis of the first and second theorems of welfare economics. The course then considers market failures through an analysis of distributional issues, public goods, externalities, non-competitive market structures, and asymmetric information. The role and degree of government intervention in health care, education, social assistance, employment insurance, and pension plans is also discussed.
Topic titles: 
N/A
Faculty: 
Arts (ART)
Academic level: 
GRD
Course ID: 
014741