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ECON 461. Public Economics: State and Local

Credits: 3
Department: Economics
Description: The economics of state and local government. Public projects, tax and revenue structures, and intergovernmental relations, as in Minnesota.
Prerequisites: ECON 205, ECON 206
Semester Offered: DEMAND
Grading Method: ABCDF

Student Learning Outcomes

1. Identify sources of market failure and will be able to indicate options for correcting and addressing alternative types of market failure.
2. Comment on and explain programs, policies, or policy alternatives for state and local economic issues.
3. Analyze alternative voting arrangements and will be able to identify the efficiency and policy impacts associated with differing arrangements.
4. Identify types of intergovernmental grants as well as disbursement methods and be able to analyze efficiency and policy impacts.
5. Analyze taxes at the state and local level to better understand the impacts of voting and policy on efficiency.






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