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Course Catalog

ECON 624 Welfare Economics 3 Credits
Competitive price mechanism and its welfare properties. Economic justice; public goods; social welfare functions; Arrow's impossibility theorem; Sen's liberal paradox; voting and aggregation rules. Applications and discussion topics include privatization and allocation of resources for national defense.

Last Offered Terms Course Name SU Credit
Spring 2015-2016 Welfare Economics 3
Fall 2014-2015 Welfare Economics 3
Fall 2012-2013 Welfare Economics 3
Spring 2010-2011 Welfare Economics 3
Spring 2009-2010 Welfare Economics 3
Spring 2008-2009 Welfare Economics 3
Spring 2007-2008 Welfare Economics 3
Spring 2006-2007 Welfare Economics 3

Prerequisite: (ECON 506 - Doctorate - Min Grade D
or ECON 506 - Masters - Min Grade D)
and (MATH 571 - Doctorate - Min Grade D
or MATH 571 - Masters - Min Grade D)
Corequisite: __
ECTS Credit: 10 ECTS / 10 ECTS (for students admitted in the 2013-14 Academic Year or following years)
General Requirements:
 
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