Public Economics II OpenCourseWare: A Free Advanced Graduate Study Course on Public Economics by MIT

Published Mar 20, 2009

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Learn about government spending on public goods with this free OpenCourseWare from the Massachusetts Institute of Technology (MIT). 'Public Economics II' presents information on the theory behind welfare, social security and other government-funded programs designed for public benefit. The original course was an elective for students seeking their Doctor of Philosophy in Economics.

Public Economics II: Course Specifics

Degree Level Free Audio Video Downloads
Graduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
Yes Yes Yes

Public Economics II: Course Description

The extent to which the government should spend money on benefits for the general populace has always been a highly debated topic. This OpenCourseWare from MIT contains class material exploring the theory behind public goods programs--the impact they have on citizens, the cost involved, and their effect on the economy as a whole. Notes are included from lectures led by Professors Peter Diamond and Jonathan Gruber. These lectures covered multiple ways government intervention can influence the public good, from government-sponsored programs like unemployment benefits and Medicare to policy on tax deduction for charitable donations. The notes include mathematical formulas used to model these situations. MIT offered this optional graduate-level course to students pursuing their Doctor of Philosophy in Economics.

The materials in this OpenCourseWare include lecture notes, problem sets with answers, the course's final exam, a link to related course material and a recommended reading list. To find out more, visit the public economic policy course page.

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