PUBLIC SECTOR ECONOMICS

ECONOMICS 411

Text: Rosen and Gayer, Public Finance, 8th Edition  (Rosen 7th Edition Assignments)

Reserve Reading: (Undergraduate library) Slemrod and Bakija, Taxing Ourselves, 3rd edition

Course Outline:

 

I. Introduction and Review

Overview, Chs. 1 & 2.

Ch. 3. (pp. 45-48 only)

Appendix  (pp. 558-560)

More Background and Review, pp. 539-557 (review as needed)

 

II. Market Failure

Public Goods, Ch 4.

Externalities, Ch. 5.

 

III. Decisionmaking in the Public Sector

Public Choice, Ch. 6.

Cost Benefit Analysis, Ch. 8.

 

IV. Expenditure Issues

Education, Ch. 7

Transfer Programs, Chs. 12-13 and 9-11.

 

V. Principles of Taxation

Chs. 14-16.

 

VI. Analysis of Major Taxes

Individual Income Tax, Chs. 17 & 18. (Slemrod and Bakija)

Corporate Taxation, Ch. 19.

Consumption and Wealth Taxes, Ch. 21 and Ch. 22 (pp. 521-528 only)


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