Econ 450 Syllabus Winter 2015 - Econ 450 Public Expenditure Winter 2015 Instructor Dennis ODea Lecture 1:30-3:20 SAV 262 Oce 340 Savery Hall E-mail

Econ 450 Syllabus Winter 2015 - Econ 450 Public Expenditure...

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Econ 450 - Public Expenditure Winter 2015 Instructor: Dennis O’Dea Lecture: 1:30-3:20 SAV 262 Office: 340 Savery Hall E-mail: [email protected] Webpage: Office Hours: M 3-5pm and F 10-11am Textbook Public Finance (10th Edition) by Rosen and Gayer. Course Objectives 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. Exams and Grades Problems are an essential tool to learning microeconomics and therefore I will distribute four problems sets throughout the term. They will be due on Thursdays/. You are encouraged to work together on them, but each of you must turn in your own answers in your own words. These will account for 30% of your grade.
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