Lecture 8 Education
Review of public finance issues involved in providing
1. Why should the government be involved in education?
2. How should the government be involved?
a. Does government provision of fixed level of
Lecture 3 Debt and Borrowing
Today we will expand on government spending and the financing of
We will start by taking a historical look at the government budget
Then we will look at what consequences the budgetary stance of the
Cost Benefit Analysis
Today we will cover cost-benefit analysis.
Cost-benefit analysis: The comparison of costs and
benefits of public goods projects to decide if they
should be undertaken.
Cost-benefit analysis is widely
Lecture 6 Public Goods
We will now look for the answers to these
questions about public goods:
What are public goods?
Why do markets generally fail to provide
the efficient amounts of these goods?
How might the government improve market
outcomes in the
Lecture 5 Externalities in Action
Topics and Questions
1. The role of Economics in Environmental Regulation:
2. Global warming
3. The economics of Smoking
4. The economics of other Addictive Behaviors
We will be asking the following ques
Lecture 4 Externalities: Theory
Introduction to Externalities: Global
HANGZHOU, China President Obama and
President Xi Jinping of China formally committed
the worlds two largest economies to the Paris
climate agreement here on Saturday.
Introduction and Background
Prof. Goodspeed prevented from teaching
this course because of a time conflict,
Instead I will be teaching.
I am Vivette Ancona
I hold a PhD in Economics from Columbia
University, where I
Lecture 2 Theory
Theoretical Tools of Public Finance
In this lecture, we will cover the theoretical tools of public
finance, as opposed to the empirical tools.
Theoretical tools: The set of tools designed to
understand the mechanics behind economic decis