ECON 433: Public Economics

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Fall 2024 Syllabus

Table of Contents

Quick Syllabus

Professor

  • Dr. Edward Kung
  • edward.kung@csun.edu

Lectures

  • Section 01: TuTh 11:30am - 12:45pm @ Bookstein 2228

Office Hours

  • Tu 12:45pm - 1:45pm @ Bookstein 4252

Course Organization

This course meets twice a week, in-person. The general cadence is that our sessions will alternate between lecture and lab. Attendance is checked and required.

Grading

  • Attendance (10%)

    Attendance in this class will be checked. Everyone starts with full credit (10 pts). For each missed session, an increasing number of points will be deducted. 0 pts are deducted for the first missed class. Afterwards, 1 pt is deducted for the second missed class, 2 pts for the third, and so on. You can earn negative attendance points which will affect the rest of your grade.

  • Homework Assignments (20%)

    Weekly homework assignments will consist of one or more of the following items:

    • A reading assignment (textbook chapter or article).
    • A discussion assignment related to the assigned reading. The discussion will be held on Packback, an online discussion platform.
    • A problem set, to be submitted in a greenbook or stapled sheets of paper. Students can elect to work in groups of up to 3 on problem sets. If you work in a group, your group only has to make one submission for the whole group. For each problem set, only a randomly selected set of questions will be graded.

  • Lab Assignments (20%)

    In-class lab sessions where you get hands-on experience working with data analysis relevant to public economics. Each lab session will require you to submit a script on Canvas.

  • Midterm Exams (20%)

    There will be two midterm exams that test your understanding of the course material. These will be in-person, on-paper exams that test both theoretical understanding and empirical skills.

  • Group Project (30%)

    There will be a group data project. More details to follow.

  • Grading Scale

    A A- B+ B B- C+ C C- D F
    100-93 92-90 89-87 86-83 82-80 79-77 76-73 72-70 69-60 59-0

    Depending on the performance of the class, a curve may or may not be applied before assigning letter grades.

  • Grading Rubric

    Score Rubric
    5 You followed all instructions. Your work is accurate and demonstrates a mastery of the material.
    4 You failed to follow all instructions OR your work has minor inaccuracies but still demonstrates an understanding of the material.
    3 Your work has major inaccuracies OR your work demonstrates only a partial understanding of the material.
    2 You made an attempt, but your work has major inaccuracies or does not demonstrate an understanding of the material (this includes correct answers without shown work).
    1 You made only a partial attempt at completing the assignment; or you made an attempt but I had trouble reading or understanding it.
    0 You did not make any attempt at the assignment. Note that if you do not attempt some parts of an assignment, you may receive a zero for the whole assignment.

Tentative Schedule

Week Dates Tuesday Thursday
1 8/26 - 8/30 Intro & Review of Micro Principles Lab 1: Introduction to IPUMS
2 9/2 - 9/6 Public Goods Lab 2: Introduction to R
3 9/9 - 9/13 Common Resources Lab 3: Summary Statistics
4 9/16 - 9/20 Externalities Lab 4: Combining Datasets
5 9/23 - 9/27 Economics of Education Lab 5: Data Visualization
6 9/30 - 10/4 Economics of Healthcare Midterm 1
7 10/7 - 10/11 Linear Regressions I Lab 6: Linear Regressions I
8 10/14 - 10/18 Linear Regressions II Lab 7: Linear Regressions II
9 10/21 - 10/25 Research Design Lab 8: Linear Regressions III
10 10/28 - 11/1 Difference-in-Differences Lab 9: Difference-in-Differences
11 11/4 - 11/8 Regression Discontinuity Midterm 2
12 11/11 - 11/15 Group Project Demo Group Project Meeting #1
13 11/18 - 11/22 Economics of Home-Sharing (Online) Group Project Meeting #2
14 11/25 - 11/29 Group Project Meeting #3 NO CLASS - THANKSGIVING
15 12/2 - 12/6 Theory of Public Choice Group Project Meeting #4
16 12/9 - 12/13 Group Project Meeting #5 NO CLASS - SEMESTER ENDS

Final Exam:

  • Section 01 (TuTh 11:30am): Tuesday 12/17 10:15am - 12:15pm

In lieu of a final exam, we will be having group project presentations.

Course Description

Prerequisites

ECON 309 and ECON 310 with a C or better. UDWPE score of 8 or higher.

Course Overview

In the first book of Samuel in the Hebrew scriptures, the ancient Israelites demanded of the prophet Samuel, “Appoint a king to lead us, such as all the other nations have.” But Samuel warned them, “He will take a tenth of your flocks, and you shall be his slaves. And in that day you will cry out because of your king, whom you have chosen for yourselves.” But the people refused to listen to Samuel. “No,” they said, “There shall be a king over us, that we may be like the other nations, and that our king may go out and fight our battles.” (1 Sam 8:4-20) This ancient record reflects the tension that has existed between governments and their people since the beginning of human civilization. People demand a government to lead and protect them, yet we chafe under the taxes and other impositions that government places over our lives.

In this class, you will study the economics of the public sector. The public sector is the sector of the economy where goods and services are provided by the government. You will learn why some goods and services are provided by the government instead of by private suppliers. You will then study the markets with the most public sector involvement in the U.S. and investigate specific policy issues therein. By the end of the course, you will be equipped to understand and analyze a wide range of policy issues.

In today’s world, policy decisions are increasingly driven by data and evidence. You will therefore also learn basic and intermediate techniques for data analysis in R, a commonly used software for statistical analysis.

Course Learning Outcomes

By the end of the course, you will be able to:

  • Explain what the public sector of the economy is and why there is a public sector.

  • Construct theoretical frameworks for analyzing the positive and normative implications of various public sector issues.

  • Evaluate the relevant empirical evidence surrounding different public sector issues.

  • Argue for or against different policy positions using evidence drawn from social scientific research.

  • Conduct basic data exploration and analysis operations in R.

Course Materials

Required Textbook

textbook

The required textbook is Public Finance by Harvey Rosen and Ted Gayer (ISBN: 9780078021688). It is around $80 on Amazon for a new copy. While you do not have to purchase the textbook, you should ensure that you have access to a copy because required readings will be assigned from the textbook.

Important information about myCSUN Digital Access

  • This course is part of the myCSUN Digital Access (MCDA) program. This program provides digital materials to students at deeply discounted prices. MCDA will automatically provide this book to all students of this course for around $45.

  • You will be automatically charged by CSUN for this material unless you opt out by Friday 2/16. Thus, if you do not want to pay $45 for Digital Access, or you want to obtain the book by another means, you must opt out by 2/16. To opt out:

    1. Go to https://accessportal.follet.com/1050
    2. Click on Create an Account on the lower right
    3. Create an account using your CSUN email address
    4. Select the courses you wish to opt out from

    For more information, see the MCDA FAQ page.

RStudio Cloud

RStudio is a development environment for R. We will be using a cloud-based version of it: https://posit.cloud.

You’ll need to sign up for a free account to use it.

Assigned Readings

Occasionally, I will assign readings from newspaper or academic journal articles. These will be posted to Canvas. You are responsible for reading these and you may be quizzed on them.

Green Books (Required)

You will need these for exams.

Additional Course Policies and Resources

Communications Policy

My preferred form of communication is in-person after class or at office hours, or by email. If you email me and I do not respond within 24 hours, do not hesitate to re-send the email. Sometimes emails get lost in the shuffle.

Late and Missing Assignment Policy

Requests for absences, extensions, or late submissions must be submitted by email with accompanying documentation. Only unanticipated family and medical emergencies, or other extraordinary events, will be considered valid reasons. Events that could have reasonably been anticipated, such as heavy academic workload, busy work schedule, or friends’ birthday parties, will not be accepted as valid reasons.

AI Policy

You are allowed to use AI in homework assignments to help refine your writing and your thinking. You are not allowed to copy and paste text from an AI text generator. Penalties for AI usage will vary with the severity of the abuse. I reserve the right to give a zero to any assignment which violates the AI policy.

Academic Integrity

By taking this course, you certify that all work is your own. Plagiarism is not allowed, and you are not allowed to have someone else do any course work in your place unless explicitly allowed by the syllabus. If it is discovered that you have violated academic integrity on any assignment, you will receive a grade of zero for that assignment. Repeated violations of academic integrity may result in a failing grade for the entire course.

Minimum Attempt Policy

You must at least attempt to answer every question on an assignment. If you skip a question without attempting an answer, you may receive a grade of zero for the entire assignment.

Why do I have a minimum attempt policy? Because demonstrating effort is important, especially in the workplace. Not even attempting a task is worse than attempting it and getting it wrong. I want to encourage all students to at least make an attempt at all tasks. As Wayne Gretzky said, “You miss 100% of the shots you don’t take.”

Special Needs

If you have a disability or need special accommodations, please register with the Disability Resources and Educational Services (DRES) office or the National Center of Deafness (NCOD). If you would like to discuss your need for accommodations with me, please contact me to set up an appointment.

Special consideration may be given to students with caregiving responsibilities at home (children, disabled family members, etc.). Please get in touch with me if you need an extension and have caregiving responsibilities.

Emergency Food and Shelter

If you are experiencing an emergency need for food or shelter, do not hesitate to utilize the resources available to you on campus. More information: https://www.csun.edu/heart.

University Counseling Services

If you have need for counseling regarding any personal or academic issues, do not hesitate to reach out to the University’s counseling services. More information: https://www.csun.edu/counseling/students.

Diversity Statement

It is my intent that students from diverse backgrounds and perspectives will be well served by this course, that students’ learning needs will be addressed both in and out of the classroom, and that the diversity students bring to the class will be viewed as a resource, strength, and benefit. It is my intent to present materials and activities in a way that is respectful to students from all backgrounds, and that students from all backgrounds have an equal opportunity to succeed in the course. If you have any concerns, feel free to reach out to me.

All Other Policies

In general, the course follows all relevant CSUN policies and procedures as documented here: https://catalog.csun.edu/policies/alphabetical. Please pay special attention to the rules on attendance and academic dishonesty.