Spring 2012 - 62140 - PA393L - Advanced Policy Economics
State & Local Public Finance
|Instructor(s):|| Gamkhar, Shama
|Day & Time:||T 9:00 - 12:00 pm|
|Waitlist Information:||For LBJ Students: UT Waitlist Information|
Students are required to take an additional three-hour course in policy economics, selected from among a set of courses focusing on the application of economic theory and techniques to a specific area of public policy. Course options include macroeconomics, public finance, regulation, international trade and finance, natural resources and environmental policy, health policy, transportation policy, human resource development, urban and regional economic development, international development, education policy, social policy, and labor economics. Not all options are offered every year. This course is usually taken in the second year.
This course seeks to develop student capabilities in the use of analytical tools for policy analysis and decision-making in the area of public finance with a focus on state and local government issues. The course will address fiscal policy, federalism issues and the effects of the fiscal crises over the last two years on the provision and consumption of public goods and services by state and local governments.
After briefly discussing the principles of public finance, we will consider various applications of these principles to policy issues such as: (1) Tax policy evaluation and reforms in income, property and sales taxes; (2) Pricing of public services—user charges and fees; (3) Privatization and public private partnerships; (3) Economic development policies and t