FIN 578
Fall 2015 All Classes
Credit: 2 hours.
Given the presumed efficiency of competitive markets, when might it be appropriate for government to intervene? This course reviews possible ?market failures? like externalities, public goods, taxes, monopoly power, adverse selection, and moral hazard. We show how each can reduce efficiency of private markets. We then discuss whether, when and how government can improve economic welfare using well-designed tax policy, social insurance, environmental regulation, or health policy.
Prerequisite: MAS BPP Concentration.
| CRN | Type | Section | Time | Day | Location | Instructor | Section Details | |
|---|---|---|---|---|---|---|---|---|
|
65249
|
Lecture-Discussion
|
B
|
9:30AM
-10:40AM
|
MW
|
241 Wohlers Hall
|
Fullerton, D
|
|