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Government and the Economy: What Every Citizen Should Know

Semester and Year FA 2014
Course Number IDSEM-UG1768
Section 001
Instructor Ngina Chiteji
Days Fri
Time 12:30 PM - 3:15 PM
Units 4.0
Level U
Foundation Requirement SOC


What are the different ways that the government intervenes in the economy? Why is government intervention so controversial in the United States? In this course students will learn how an economy functions at the macroeconomic level while also learning about the structure of the U.S. government and the way that the political process shapes economic policies. Our goal is to study the national economy in a way that situates basic economic insights in a political and historical context in order to fully understand the legislative and institutional environment in which policy decisions are made; and existing programs, policies, and outcomes, such as the Social Security Program, state and federal welfare programs, the "death" tax, the Federal Reserve's Quantitative Easing (QE) initiatives, and the $1.1 trillion budget deficit. Readings may include David Wessel, Red Ink:  Inside the High-Stakes Politics of the Federal Budget ; Stella Theodolou, Public Policy:  The Essential Readings (excerpts); and James Madison's The Federalist No. 39 .

Course Type

Interdisciplinary Seminars (IDSEM-UG)

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