ECON 3334 Public Finance 3.0 Credits
This course examines the role of public policy, government expenditures, and taxation in the economy. Students will learn to apply the core principles of economic efficiency and equity to evaluate the conditions under which market failures may justify government intervention in specific markets and to assess the resulting economic consequences of various forms of government intervention. Students will also learn to identify who bears the burden of taxation and analyze the social cost of tax-induced distortions to economic behavior in relation to a wide variety of common tax instruments.
Repeat Status: Not repeatable for credit
Prerequisites: (ECON 201 [Min Grade: C] and MATH 102 [Min Grade: C] or MATH 117 [Min Grade: C] or MATH 121 [Min Grade: C]) or (ECON 1201 [Min Grade: C] and MATH 1002 [Min Grade: C] or MATH 1201 [Min Grade: C])