Public Finance is the study of governmental action and interaction within the economy. This includes understanding why and when the government can and ought to intervene in markets. We will study the major types of spending, transferring, and taxing done by the government, mostly in a US context. We study a framework that allows us to investigate a number of the most pressing public policy issues of the day, including health care reform, education reform, “welfare” programs, redistributive taxation, and environmental regulation.
Course Requirements:
This course will have three in-class exams, a number of homework problem sets, and a poster presentation of a government project evaluation.
Intended Audience:
The course is designed for sophomore and junior economics majors, and for any student interested in government policy within the economy.
Class Format:
In-person lectures