Not too easy. Not too difficult.
This course will help one understand the functioning of the government, and more particularly, its role in the economy.
Role of government in market economy. Alternative justifications for government intervention. Principles and effects of spending programs (especially social insurance and health), taxation, deficit financing, and federal credit programs. Taxation in open economy. Properties of public choice mechanisms. P/NP or letter grading.
Hours per week:
Advice for students:
Student in this course need to have interest in the systems of government if they have to excel in this course.