ECON 3340 Government in the Economy
Government in the Economy
An analysis and description of the role of government in the economy with specific applications to the United States. Sources of market failures such as public goods, externalities, and non-competitive practices are discussed. Other topics include theories of public choice, anti-trust legislation, regulation, the pricing of public sector output, and cost-benefit analysis.
Pre-requistites: ECON 1010 or ECON 1030.
credit hours: 3
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