POLS 6330 Public Finance Theory
POLS 6330 Public Finance Theory
James A. Caporaso and David P. Levine Theories of Political Economy Cambridge University Press, 2009.
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Paul Krugman. The Return of Depression Economics and the Crisis of 2008. W.W. Norton and Company, 2009.
Michael Lewis, The Big Short: Inside the Doomsday Machine, W.W. Norton & Company, 2010.
Significant ways that economics informs, shapes and, in some ways, dominates public
policymaking in the U.S.;
2. Economics paradigm (homo economicus) as a model for understanding and predicting social
behavior and how this affects public policy;
3. Application of the major economic ideologies (classical, neo‐classical, Keynesian) to public policy
questions;
4. Trade‐off between equity and efficiency, which is based on the assumption of “scarce”
resources and how this tension shapes public policy; and
5. Important theories and theorists of political economy.
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