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Course Catalog

ECON 424 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 204 - Undergraduate - Min Grade D
Corequisite: __
ECTS Credit: 6 ECTS (6 ECTS for students admitted before 2013-14 Academic Year)
General Requirements: