ECON 417

fall 2018

All Classes

Cost-Benefit Analysis

Credit: 3 OR 4 hours.

Analyzes changes in welfare in various market settings such as monopolistic and perfectly competitive markets. Students will develop the skills to account for uncertainty when weighing the costs and benefits of a project or policy, as well as its potential distributional effects. Also examines the strategies used by governments to select from alternative policies, and how assets are purchased or sold in order to implement the policy.

3 undergraduate hours. 4 graduate hours. Prerequisite: ECON 202; ECON 302; MATH 220 or MATH 221 or other Calculus course are required. ECON 203 is recommended.

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