(BUS)
6 points + 3-hour session per week + Second semester + Clayton + Prerequisites: ECC4650 and ECC3810 or equivalent
Synopsis: Topics in the theory of public goods including optimum conditions analysis; market failure and problems of political decision-making in relation to the supply of pure and impure public goods; separation of equity and efficiency aspects; possible applications to such issues as income redistribution, merit wants, pollution control and multi-level government.
Assessment: