5 credits

Students in this course cover microeconomic and macroeconomic models used in policy formulation, as well as how public finance influences policy choices and implementation alternatives. Students examine tax policies and tax incentive models, budgeting, public and/or private models, market influences on policy, the impact of government expenditures on income redistribution, and economic considerations of welfare, food stamps, workers' compensation, and Social Security. Students also examine outsourcing of public programs.