Course Description:

This course prepares students to apply models from microeconomics, finance, and budgeting to public policy and public administration challenges, and explores the strengths and weaknesses of these models in real-world scenarios. Theoretical approaches to efficiency and equity are used as foundations for examining the roles of public, private and nonprofit organizations within the overall market for goods and services. Core concepts addressed in this course include: Market Failures, Externalities, Public Goods, Social Insurance, Income Redistribution, Taxation, Public-Private Partnerships, Public Finance Structures & Instruments, Scarcity, Equity, Efficiency, and Sustainability. In addition, this course exposes students to applied and theoretical tools and data sources for public sector budget management and analysis.

Note: This course is taught using practitioner role-play. Students are expected to perform as though they are senior project staff/project managers in a public, private, or non-profit organization. Considerable emphasis is placed upon completing work assignments in workgroups and as part of practitioner teams. Students are expected to conduct themselves as they would in real-world workplace situations where deliverables are relied upon by other organizational systems. Late workgroup submissions will not be accepted; work teams are expected to develop and practice professional approaches to teamwork that allow project deliverables to proceed according to professional timelines, despite resource constraints and intervening priorities.(4 Units)







Donna LaSala, MPA