Jan 31, 2023  
Undergraduate Catalog 2021-22 
Undergraduate Catalog 2021-22 [ARCHIVED CATALOG]

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ECON 4191 - Economic Policy Analysis with Calculus

Government policies often generate welfare changes (i.e. benefits and costs) to individuals. Assessment of the magnitude of welfare changes - and how they are distributed across all members of society - is important considerations for effective policy design. This course develops a mathematical theory of welfare economics with emphasis on social choice, efficiency, policy design, and welfare measurement. Practical applications in the methodology of welfare analysis - including cost-benefit and non-market valuation - will highlight the theory.

Prerequisites & Corequisites: Prerequisites: (ECON 4030 or ECON 4031) and MATH 1220.

Credits: 3 hours

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