Prereq: ECO 401 or equivalent or consent of instructor.
The course examines the causes, consequences, and correlates of poverty and inequality in the United States. Topics include the measurement of poverty and inequality, economic theories of disadvantage and the roles of education, family structure, neighborhood, and race, and the public policy response to poverty and inequality through income tax and transfer system, as well as direct labor-market interventions such as the minimum wage.
The course examines the causes, consequences, and correlates of poverty and inequality in the United States. Topics include the measurement of poverty and inequality, economic theories of disadvantage and the roles of education, family structure, neighborhood, and race, and the public policy response to poverty and inequality through income tax and transfer system, as well as direct labor-market interventions such as the minimum wage.