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Course Info for ECON - 353 - 01, Spring 2023
Class number: 3148 Title: Analyzing Economic Policy Department: Economics
Career: Undergraduate Component: Lecture Session: Regular
Instructor's Permission Required: No Grading Basis: Regular Units: 1.00
Enrollment limited to 25 Current enrollment: 25 Available seats: 0
Start date: Wednesday, January 25, 2023 End date: Friday, May 12, 2023 Mode of Instruction: In Person
Schedule: MW: 2:55PM-4:10PM, MC - 225 Instructor(s): Flaherty, Michael
Prerequisite(s): Prerequisite: C+ or better in Economics 301.
Distribution Requirement: Meets Social Sciences Requirement
Note: C-, P or better in Economics 301 if taken Spring 2020.
Course Description:
When local leaders, planners, or social organizations discuss programs and spending alternatives, they may look to the tools of economic analysis to weigh their options. In general, economists argue that if the benefits outweigh the costs associated with a policy, then that policy should be pursued. However, the values for non-market activities and an appreciation of economic interdependencies within a region is anything but obvious. In this course, we explore how economists assign costs and benefits, determine indirect impacts of a policy, and how they advise on policy. While the course explores conceptual and theoretical underpinnings of these questions, a significant portion of the class will be dedicated to hands-on practice with data, software, and Hartford-region policy discussions.