(3 units). Introduction to normative and positive theories of the role of the state in the economy. Analysis of public expenditures: public goods, externalities, redistribution. Principles of taxation. Selected problems in economic policy, including public expenditure programs (such as health, education and welfare), inter-governmental fiscal arrangements and tax policy issues. Course Component: Lecture Prerequisite: ECO 1104.
(3 units). Introduction to normative and positive theories of the role of the state in the economy. Analysis of public expenditures: public goods, externalities, redistribution. Principles of taxation. Selected problems in economic policy, including public expenditure programs (such as health, education and welfare), inter-governmental fiscal arrangements and tax policy issues. Course Component: Lecture Prerequisite: ECO 1104.
