ECON 370 - Public Finance

Institution:

Roger Williams University

Subject:

ECONOMICS

Description:

Prerequisite: ECON 102In a perfectly competitive world governments are unnecessary asthey could not enhance economic efficiency. However, in the realworld markets may fail to deliver economic efficiency (market failure)opening the possibility that government can improve efficiently.Further, free markets sometimes provide grossly unequal rewards forcitizens, and the governments may formulate policies to provide a"fairer" distribution of resources. This course deals with governmentintervention in markets and the economics of the public sector. Wewill also study how government policy is affected by voter behavior.This course will examine, among others, the topics of externalities,public goods, solutions to market failure, theories of taxation, andbenefit -cost analysis.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.rwu.edu

Phone Number:

(401) 253-1040

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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