Analyzes major issues in American economic policy including taxation, Social Security, health care reform, budget policy, monetary and fiscal policy, and exchange rate management. Current economic issues and policy options discussed in detail and in the context of current academic thinking.
Note: Offered jointly with the Kennedy School as API-126. This course offers an optional writing requirement which if completed will satisfy the concentration writing requirement.
This course analyzes what role the government should play in a market economy. It covers topics such as tax and welfare policy, unemployment insurance, environmental protection, education policy, social security, and the implications of behavioral economics for public policy. The course emphasizes recent empirical and theoretical research on policy issues and will teach students how to conduct such studies.
Prerequisite: Economics 1010a or 1011a or permission of instructor.