PAM 5080

Economics of the U.S. Social Safety Net

Course Description

Course information provided by the Courses of Study 2016-2017.

This course provides an overview of the major programs that make up the social safety net in the United States. We will review the economic rationale behind social programs, identify the economic consequences of these programs, and assess the empirical research on these topics. A major emphasis of the course will be on understanding the strengths and limitations of the core methodologies used in the existing economics literature.

When Offered Spring.

Prerequisites/Corequisites Prerequisite: PAM 3100 or equivalent strongly recommended.

• Identify and explain the reasons for government redistribution and provision of social insurance
• Describe the ways in which social programs are implemented in reality, and analyze the potential distortions and consequences of program design using economic reasoning.
• Evaluate the empirical evidence on the impact of social programs on individual behavior and well-being by applying knowledge of statistical methodology.
• Formulate and express well-reasoned arguments for or against specific policies through written and oral presentations.

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