ECO 3040 - Public Sector Choice And Finance: Market Versus Administered Economic Systems

Institution:

Castleton State College (7.1.2023 merged into Vermont State University)

Subject:

Description:

Students are introduced to a detailed look at resource allocation regimes and funding mechanisms for both 'pure' market-based systems like the U.S. and hybrid administered systems.Using examples we will explore patterns of usually-legislative vote based-resource creation and use. Public investment choice, environmental exploitation and regulatory policy are viewed as 'rational', utility maximizing results from democratic (power-based) politics. Revenue raising,taxation schemes versus user fees are reviewed at the local, federal, and state levels. Major contrasts across broad system types: from mixed or hybrid examples (Japan, France, Sweden), to pure planning (China) will be examined comparatively. Prerequisite: ECO 2120 or permission of instructor. Periodically.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.castleton.edu

Phone Number:

(802) 468-5611

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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