Course Catalog - 2015-2016

     

ECON 479 - ECONOMIC MODLG & PUBLIC POLICY

Long Title: ECONOMIC MODELING AND PUBLIC POLICY
Department: Economics
Grade Mode: Standard Letter
Language of Instruction: Taught in English
Course Type: Lecture
Credit Hours: 3
Restrictions:
May not be enrolled in one of the following Level(s):
Graduate
Prerequisite(s): ECON 200 OR ECON 301 OR ECON 370
Description: Examines the use of computable general equilibrium (CGE) models to analyze the economic effects of public policy reforms. Reviews theoretical aspects of general equilibrium modeling, constructs some basic CGE models, and shows how the models are used to analyze the efficiency, distributional, and transitional effects of various policy reforms. Federal tax reform in the U.S. is the primary policy application; other issues examined may include Social Security, environmental policy, and international trade.