The role and nature of the government sector in the economy, the theory of public goods, the equity and efficiency effects of public expenditures, voting rules and fiscal politics, techniques of public expenditure analysis, and intergovernmental fiscal relations. Preclusion: credit will not be given if taken concurrently with or after ECON 4402 (no longer offered) or ECON 4403. Precludes additional credit for ECON 3003 (no longer offered) and ECON 3408 (no longer offered). Prerequisite(s): ECON 1000 or FYSM 1003.Lectures three hours a week.
