ECON 503 - Economics and Public Policy

Institution:

University of Michigan-Dearborn

Subject:

Economics

Description:

In this course students will review basic neoclassical microeconnomics theory and learn to apply it to the analysis of public policy issues. Microeconomics offers important insights into the behavior of businesses, consumers, and government entities. We will review key microeconomic concepts, applying each to an array of public policy questions. Next we'll evaluate resource allocation via the market system and consider how public policy might address situations where the market fails to produce desirable results. Lastly, we'll learn about the basic tools economists use to evaluate public policies. (YR)

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Multiple

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.umd.umich.edu/

Phone Number:

(313) 593-5000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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