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Public Finance

| ECO 315 |
| Description |
| Study of the expenditure and financing activities of the government. Topics include fiscal functions; public sector in the economic accounts; normative theory of government (the level and allocation of government expenditures; taxation; optimum structure of major taxes; fiscal policy and stabilization; development finance); positive theory of government (direct democracy; representative democracy; bureaucracy; voter behavior; rent seeking); government and markets; efficiency aspects of public enterprises; interest-free public finance. |
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| Credits |
3 |
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| Pre-requisite |
ECO 101, ECO 301 |
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