Competing views on proper role of government in economy. Effects of tax/spending policies, taking into account private agents' response to government actions/ways government officials may use powers. Optimal policies. Applications primarily to U.S. government.
prereq: (ECON 1101 or ECON 1165, APEC 1101), (ECON 1102 or APEC 1102), ECON 3011 & 3012, (or ECON 3101), ECON 3023 & 3024, (or ECON 3102), MATH 1271 or equivalent courses approved by the Economics Department