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 or APPM 4520 or APPM 4570 or CHEN 3010 or CVEN 3227 or MATH 4520 (all minimum grade C-).