Public Finance

In this course we will analyze the role of government in our economy and address questions such as: When is government intervention appropriate? What is the most effective form of this intervention? How does it affect consumers and producers? Topics will include public goods, externalities, income transfer, and social insurance programs. We will study the equity and efficiency considerations in the design of tax systems, as well as the incentive effects of taxes by examining personal and corporate income taxes, consumption, and wealth taxes. (ECON 0255) 3 hrs. lect.