ECON 321 - Poverty and Affluence

FC SSCI QFR

4 credits
This course describes alternative theories of the functional distribution of income and examines the empirical evidence. It emphasizes the determinants of the personal distributioof income, and presents measures of income inequality to understand the causes and consequences of inequality. Factors of inequality such as schooling, labor force behavior, and discrimination are considered separately. It presents a thorough discussion and analysis of the roles of state-federal income maintenance programs to assist the poor, including the effects of the 1996 United States. welfare reforms. The distribution of personal wealth is also examined. Includes limited discussion of income equalities across countries.
Prerequisites & Notes: ECON 253 and MATH 133.