PAM 3300

PAM 3300

Course information provided by the Courses of Study 2017-2018.

In-depth treatment of methods for public policy analysis. The course focuses on cost-benefit analysis, a method grounded in microeconomics and applied welfare economics. Topics include market failures; willingness to pay; opportunity costs; discounting future costs and benefits; handling uncertainty and risk; incorporating distributional impacts; methods to value a statistical life; and methods to value environmental quality and other non-market goods. Numerous examples are taken from a variety of policy areas, including crime, education, health, welfare, and regulation.

When Offered Spring.

Prerequisites/Corequisites Prerequisite: PAM 2000, PAM 2300.

Distribution Category (SBA-HE)

Outcomes
  • Explain how to conduct cost-benefit analysis of government projects.
  • Calculate the discounted present value of future costs and benefits.
  • Evaluate distributional effects of public policies.
  • Apply uncertainty and risk to policy analysis.
  • Explain how to evaluate non-market activities such as environmental policy and the value of a statistical life.

View Enrollment Information

Syllabi:
  •   Regular Academic Session.  Choose one lecture and one discussion. Combined with: PAM 5300

  • 4 Credits Graded

  • 13807 PAM 3300   LEC 001

  • 13808 PAM 3300   DIS 201

  • 13809 PAM 3300   DIS 202

  • 13810 PAM 3300   DIS 203