Students utilize neoclassical and institutional economic theory to examine government intervention in the economy. Topics include competition and economic efficiency; market failure; institutional theory; private sector governance structures; the role of the state; public sector governance structures, including competition policy, price and entry regulation, prevention of anti-competitive practices, and public enterprise and ownership; and government failure. Prerequisite: ECON 1900; ECON 1950 or POLI 1110 Note: Students may not receive credit for both ECON 3650 and POLI 3650
Students utilize neoclassical and institutional economic theory to examine government intervention in the economy. Topics include competition and economic efficiency; market failure; institutional theory; private sector governance structures; the role of the state; public sector governance structures, including competition policy, price and entry regulation, prevention of anti-competitive practices, and public enterprise and ownership; and government failure. Prerequisite: ECON 1900; ECON 1950 or POLI 1110 Note: Students may not receive credit for both ECON 3650 and POLI 3650