A. Definition:
The student demonstrates an understanding of market economies, market institutions, the strengths and limitations of markets on public policy and the rationale for government intervention.

B. Competencies:
Knowledge: The student understands the role of micro-and macro-economics in public policy debates and in promoting the welfare of society; different economic systems including international economies, their strengths and limitations; and the importance of historical and political factors in the development of public policy as it affects economic systems.

Abilities: The student uses a systems perspective to analyze and understand market and government trends.

Abilities: The student utilizes basic statistical techniques to find, organize, and present economic data to incorporate into public policy analysis and development.

C. Prerequisite:
A course in economics or equivalent knowledge.

Core Courses (required):
MPP 610 Economic Analysis of Public Policy I, MPP 620 Economic Analysis of Public Policy II

Concentration Courses:
none