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Apr 18, 2024
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ECON 262 - Poverty and Policy4 credits This course discusses the causes and consequences of poverty in an otherwise affluent society. It examines the historical pattern of the inequality of income in the last half century in the U.S., and identifies the groups who remain poor in spite of economic growth. It discusses how to measure poverty and shows how changes in the structure of the economy-technological change and globalization-have affected the demand for the labor in different categories. Economic policy towards poverty and the recent national changes in welfare policy are examined and assessed. Various state welfare to work plans will be compared. Different political and philosophical approaches to the poor implied by different policy approaches will be discussed. Prerequisite: ECON 101 .
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