PUBLIC ADMINISTRATION

PUAD-630
Public Managerial Economics (3)

Course Level: Graduate

This course introduces students to the concepts managers need to become informed consumers of microeconomics-based policy analysis, including resource scarcity; opportunity cost; supply and demand; consumer and producer surplus; market equilibrium; competitive markets; economic efficiency; market failure; intended and unintended consequences of policy interventions; efficiency; equity; and cost-benefit principles. Usually offered every term.