A study of local, state, and national revenues and expenditures in the U.S. economy and their subsequent effects upon the economy, with emphasis on public policy and current issues such as Medicare and Social Security.

Prerequisite(s): Grades of "C-" or better in ECON 053 Macroeconomic Principles and ECON 054 Microeconomic Principles.

(Normally offered alternate spring semesters.)