ECON 455 - Public Policy Issues

Units: 3

When markets fail to be competitive, or the market outcome is viewed as “inequitable,” public policies are often justified to “improve” upon the market outcome. Applies economic methods to evaluate the justification for policy intervention and the policy-induced effects on economic behavior and distribution of welfare among individuals. Subject matter includes current policy issues such as poverty and income inequality, income redistribution programs, discrimination, immigration, crime and drug abuse, and health care.
Prerequisite(s): ECON 301 and ECON 303 with a grade of C (2.0) or better.