ECON 3B03 PUBLIC SECTOR ECONOMICS: EXPENDITURES

Theory and practice of public finance. Topics are selected from growth of the public sector, market failure, theory of public goods, incentive mechanisms, logic of group decisions and the political process, theory of benefit-cost analysis, intergovernmental fiscal relations, government budgeting. Three lectures; one term Prerequisite(s): ECON 2G03 or 2X03 Antirequisite(s): ECON 3C06




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