Spring 2021 catalog is now live!
To determine if a course is remote, hybrid, or in-person use the catalog search tool to narrow results. Otherwise, when browsing courses, the section indicates teaching mode:
R = Remote
H = Hybrid
0 = In-person
Teaching modes (remote, hybrid, in-person) are subject to change at any point. Please pay close attention when registering. Depending on the timing of a teaching mode change, faculty also may be in contact with students.
This course examines the role of the government in a market economy. We consider three broad issues: under what conditions is government intervention in the economy appropriate? When merited what is the most effective form of intervention? What effects do government policies have on incentives and behavior? In addition to a theoretical perspective, we will discuss particular government spending programs in the United States, including Social Security, various types of publicly-provided insurance, spending on education, and public assistance for the poor. Finally, we will study how the government raises revenue through taxation. We will discuss the principles that guide tax design and consider the effects of the tax code on behavior. In the fall of 2020, special consideration will be given to policy responses to public health crises, including Covid-19.
Format: seminar; Lecture / discussion format. Fall 2020: in some weeks, we will meet as a full group for one 75 minute block (in person if possible) and break into smaller groups for one hour discussion sections (most likely remote); section times will be arranged at the beginning of the term.
Grading: yes pass/fail option,
yes fifth course option
problem sets, short writing assignments, participation in discussion and activities, midterm exam, and final exercise
Prospective economics and political economy majors
PHLH Decision-Making by Institutions + Individuals
POEC U.S. Political Economy + Public Policy Course