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Georgetown University


Detailed Course Information


Fall 2019
Jan 26, 2020
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PPOL 507 - Microecon II:Mkt Fail Pub Econ
This course serves as a continuation of Intermediate Microeconomics. It explores the impact of a variety of factors that may result in market failures, including public goods, externalities, information asymmetries and uncertainty. A rationale for government policies as a corrective device for market failures is then developed. This framework is then used to discuss a variety of government transfer programs and their financing, with particular emphasis on the incentive effects of such programs and policies. An introduction to cost/benefit analysis is incorporated as a mechanism for evaluating various programs.

3.000 Credit hours
3.000 Lecture hours

Levels: MN or MC Graduate
Schedule Types: Lecture

Public Policy Department

Must be enrolled in one of the following Fields of Study (Major, Minor, Concentration, or Certificate):
      Law/Public Policy
      Public Policy

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