ECON-4221 (3) Political and Public Choice Economics

Explores decision-making in non-traditional market settings, specifically political market settings, using economic models. We investigate policy outcomes as the product of interactions among individuals in politial markets, and analyze how governmental decisions are the result of rational optimizing behavior, even if they do not lead to policies that maximize national welfare. Requisites: Requires prerequisite courses of ECON 3070 and ECON 3818 (all minimum grade C-).