Course Description
This course applies the principles of managerial economics to the challenges faced by the public sector. It integrates economic concepts, theories and behavioral insights with public policy analysis and management strategies. Students will analyze effects of government policies and management decisions on social welfare, resource allocation models for the delivery of public services, and assess the cost-benefit trade-offs involved in public investments. The curriculum equips students with analytical decision-making tools designed to optimize organizational efficiency in governmental, non-profit, and hybrid governance contexts.
Intended Learning Outcomes
CILO-1: Explain key economic concepts and theories relevant to Public Administration and Public Policy.
CILO-2: Apply managerial economic concepts and theories to analyze the effects of government policies and management decisions on social welfare.
CILO-3: Evaluate government policy options and management strategies from economic perspectives.
CILO-4: Write an essay on the analysis of economics issues in Public Administration and Public Policy