We will discuss normative and positive aspects of U.S. public expenditure programs, provide a framework for tax analysis, describe the U.S. revenue system, and briefly consider multigovernment public finance. The translation of point totals to letter grades will be determined by the performance of the class. However, a certain percentage score may earn a better letter grade than indicated above if the score distribution warrants. HERE to view your updated grades, which are listed by the last 4 digits of your social security number. Each assignment will consist of several short problems.
Assignments are due in class on the date indicated in the following course outline.
Although each student is expected to write up and hand in a separate assignment, you are strongly encouraged to work with other students on the homework. For example, an assignment worth 40 points that is due on Tuesday and handed in on Thursday will lose 8 points from its grade. Assignments not handed in by the class in which the graded homework is returned, generally the second class following the due date, will receive a grade of zero. These are 75-minute exams that will take place during the normal class meeting time. The midterms cover successive 6-class periods of material starting with the first 6 classes.