Government and the Economy
The type of economy we have and the way it performs is the result of centuries
of governmental policy making. This program examines the basics of the
U.S. market economy and the governmental framework within which it works.
We will study the constitutional and political framework within which
policy decisions are made and look specifically at the tools governments
at all levels use to steer economic decision making. In the process, we
will ask some fundamental questions about democracy, equity and governmental
effectiveness. We will also introduce some fundamental macroeconomic concepts
in order to understand how economic factors respond to government policies.
Finally, we will attempt to place the U.S. economic system in a comparative
perspective to see why the United States differs from market economies
in Europe and elsewhere on many essential points.
Credit will be awarded in politics, public administration and economics