Credits: 3 credits
Students utilize neoclassical and institutional economic theory to examine government intervention in the economy. Topics include competition and economic efficiency; market failure; institutional theory; private sector governance structures; the role of the state; public sector governance structures, including competition policy, price and entry regulation, prevention of anti-competitive practices, and public enterprise and ownership; and government failure.
Prerequisite: ECON 1900; ECON 1950 or POLI 1110
Note: Students may not receive credit for both ECON 3650 and POLI 3650
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