ECON 475 - Public Economics

Institution:

Brigham Young University-Idaho

Subject:

Description:

Prerequisite: Economics 111, 112 This course develops economic tools to analyze the role of the public sector in a market economy. Students examine how goverment intervenes when markets "fail" as a resultof externalities, public goods, or monopoly situations; to restore effi cient outcomes. The process of collective decision making is an important topic in the course. The class observes the ways that government generates revenue (mainly taxes) from the perspective of their impacts on the behavior of economic agents. Students will try to determine what types of taxes are most effi cient and those that are less effi cient. Finally, the course looks at the relationships between the various levels of government (national, state, and local). Thereby students can develop an economic theory of a federal system of government. (Win 09, Win 10)

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.byui.edu

Phone Number:

(208) 496-1411

Regional Accreditation:

Northwest Commission on Colleges and Universities

Calendar System:

Semester

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