Ec 435 Public Spending and Debt Policy

Analysis of the role of the state in a competitive economy. Development of decision rules for state economic action. Includes a detailed study of the principles of voting, public budgeting including cost benefit analysis and PPBS, the theory of fiscal federalism and the theory and principles of public debts. Also offered for graduate-level credit as Ec 535 and may be taken only once for credit. Recommended: Ec 201, 202.