Economics of State and Local Governments (337-0-20)
Instructors
Jannet K Chang
Meeting Info
Harris Hall L07: Mon, Wed, Fri 11:00AM - 12:20PM
Overview of class
State and local governments play an essential role in individual's day-to-day life, such as education, transportation, health and welfare. This course uses microeconomic theory to acquaint students with various aspects of the subnational government sector, including expenditure, financing, and policy issues. We start by reviewing under what situation is the government provision desirable. We then study how levels of state goods and services are determined using voting and Tiebout models. After discussing user charges and intergovernmental grants, we will explore the main source of state and local governmental revenue: taxes. The course will end with policy analysis and application in education, health and welfare.
Registration Requirements
ECON 281-0, ECON 310-1, ECON 310-2
Learning Objectives
To give the students economic reasoning and tools to better understand and evaluate governmental policies
Class Materials (Required)
To give the students economic reasoning and tools to better understand and evaluate governmental policies
Enrollment Requirements
Enrollment Requirements: Pre-requisite: Students must have taken ECON 310-1 or MMSS 211-1 and ECON 281 or ECON 381-1 or MATH 386-1 or IEMS 304 or STAT 350 to successfully enroll in this course.