ECON 4200 A (CRN: 14252)

Economics: Economics of Regulation (A)

3 credit hours

About ECON 4200 A

Topics from microeconomics and fields applying it, such as game theory, health economics, environmental economics, the Vermont economy and urban and regional economy, and urban and regional economics. Includes a substantial writing component. Topics vary by offering; periodic offering at intervals that may exceed four years. May be repeated for credit with different content. Prerequisites: STAT 1410, ECON 2400, and ECON 2450.

Notes

Prereqs enforced by the system: ECON 2400 and ECON 2450 and STAT 1410; May repeat for credit if topics differ. PACE students with permission and override. System waitlisting enabled for this section.

Section Description

In this course we will examine the origins and effects of regulation on economic outcomes. The course will begin with a discussion of the various theories that have been advanced to explain why governments regulate firms and markets. We will then analyze a variety of historical and contemporary case studies of particular regulations. Throughout this course we will ask: (1) why did regulation arise? (2) what impacts did regulation have on economic outcomes? (3) who gains and who loses as a result of regulation?

ECON 2400, 2450, and STAT 1410 are PREREQUISITES for this class. It is also advantageous for students to have a knowledge of econometrics (EC 3500).

Section Expectation

This is a very reading intensive class that will require your active participation. To keep up in this class, you will need to (i) regularly attend class; (ii) participate in discussion; (iii) keep up with the readings. Once the semester gets started we will cover approximately one journal article per class.

Evaluation

Your evaluation in the course will be based on (i) classroom participation; (ii) the presentation of an article of your choosing from the reading list; (iii) two referee reports of two different papers from the reading list; and (iv) a final exam.

Important Dates

Note: These dates may change before registration begins.

Courses may be cancelled due to low enrollment. Show your interest by enrolling.

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