The schedule reviews material that has been covered in previous classes and topics to be addressed in the upcoming lectures.
TENTATIVE: The schedule will be revised periodically.
Month |
Day |
|
Coverage |
January |
22 |
Wednesday |
First Class--introduction and procedural details (Ch. 1) |
January |
27 |
Monday |
What is public finance and how does it relate to economics in general? (Ch. 1-2) |
January |
29 |
Wednesday |
The role of the market and the role of government and the growth of government (Ch. 2) Big Government Is Bigger Than You Think and The "True" Size of Government--2003) |
February |
3 |
Monday |
The role of the market and the role of government; Define efficiency (Ch. 3- pp. 46-49 and 545-549) |
February |
5 |
Wednesday |
Private and public goods: efficiency and equilibrium, Ch. 4 |
February |
10 |
Monday |
Public goods continueFund Raising in Vermont |
February |
12 |
Wednesday |
Public goods continue. Sharing the Cost of Defense Spending, |
February |
17 |
Monday |
Externalities (Ch. 5) Coase: Nobel Prize Citation, Road Pricing in Stockholm, Congestion Pricing in London, Market-Based Approaches to Environmental Policy, Quick Facts on Cap-and-Trade Policies to Reduce Carbon Emissions |
February |
19 |
Wednesday |
Complete externalities. Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance; Cap and Trade in California |
February |
24 |
Monday |
Public choice (Ch. 6) Pliny, Voting and Impeachment, James Buchanan: Nobel Prize Citation, and Amartya Sen: Nobel Prize Citation |
February |
26 |
Wednesday |
Public choice. |
March |
2 |
Monday |
Conclude public choice and begin benefit-cost analysis (Ch. 8) Review |
March |
4 |
Wednesday |
Conclude benefit-cost analysis. Begin redistribution (Ch. 12) |
March |
5 |
Thursday |
FIRST EXAMINATION, Coverage: Chapters 1-6. 7-9:00 pm. |
March |
9 |
Monday |
No Class--Compensation for out-of-class exam |
March |
11 |
Wednesday |
No Class--Compensation for out-of-class exam |
March |
16 |
Monday |
No Class--Spring Vacation |
March |
18 |
Wednesday |
No Class--Spring Vacation |
March |
23 |
Monday |
Redistribution (Ch. 12) How Are We Doing? , Class Action: The Causes and Consequence of Increasing U. S. Inequality, Economic Inequality in the United States |
March |
25 |
Wednesday |
Redistribution programs for the poor (Ch. 12) Piketty's Inequality Story in Six Charts-New Yorker, Income Inequality: Evidence and Policy Implications, Emmanuel Saez |
March |
30 |
Monday |
Conclude redistribution. Education (Ch. 7) Hanushek-Petereson Discusion, Hoover Inst. Begin health care (Ch. 9-10) Healthcare reform debate in the United States--Wikipedia |
April |
1 |
Wednesday |
Continue health care. |
April |
6 |
Monday |
Conclude health care (Ch. 9-10). Social security (Ch. 11) Rates of Return from Social Security, Has Social Security Ever Been Raided-Interview with Robert Reischauer Report of Presidential Social Security Commission, Perspectives from the President�s Commission on Social Security Reform, Invest social security, but don�t privatize--Modigliani and Can The Stock Market Save Social Security? , Brookings Panel, Social Security Reform Forum--Audio and Visual |
April |
8 |
Wednesday |
Conclude social security. Review for exam. |
April |
13 |
Monday |
Introduction to taxation. (Ch. 14-16) Unusual Taxes |
April |
15 |
Wednesday |
Continue introduction to taxation. |
April |
20 |
Monday |
Iindividual income tax (Ch. 17-18) and supplementary on reserve: Slemrod and Bakija, and If Americans Really Understood the Income Tax, Income Tax Burdens by Income, First Income Tax Return: Economic Report of President--Tax Chapter 2006 and Taxes in the 1940s |
April | 21 | Tuesday | SECOND EXAMINATION Coverage: Chapters 7-13. 7-9:00 pm. |
April |
22 |
Wednesday |
Conclude individual income taxation. |
April |
27 |
Monday |
Corporate and business taxation (Ch. 19) Why Tax Corporations? Consumption taxes including expenditure taxes and general sales taxes (Ch. 21). |
April |
29 |
Wednesday |
No Class--Compensation for out-of-class exam |
May | 4 |
Monday |
Consumption taxes including general sales taxes, value added taxes, and specific excises (Ch. 21). |
May | 6 |
Wednesday |
LAST CLASS: Consumption taxes including (Ch. 21) Review |
May | 14 |
Friday |
FINAL EXAM Chapters 14-19 and 21, 1:30-4:30 p.m. |