ECON 372 Public Choice (Not offered 2004-2005) (Q)
Public Choice is a discipline right at the intersection of economics and political science. In this course we use the basic postulates of rational, utility maximizing behavior to analyze the process of political decision making in a democracy. The course covers topics such as the behavior of voters and politicians in elections, the analysis of legislative policymaking process, the role of the bureaucrats in government, the role of interest groups and money in politics, etc. After having developed a perspective on the way a government "actually" functions (rather than the way it "ought to"#function), we will go on to reevaluate the role of the government in the lives of its citizens. Format: lecture/discussion. Requirements: problem sets, a midterm and a final exam. Prerequisites: Economics 251, or permission of instructor. Enrollment limit: 20 (expected: 20). Preference given to senior Economics majors, then junior Economics majors.