ECO 33063 ENTREPRENEURIAL ECONOMICS (3)

Highlights the decision making of for-profit and non-profit entrepreneurs and the impact of those decisions on society.  Unpacks the decisions by policymakers on how (or if) entrepreneurship should be encouraged to increase social welfare.  Special attention is paid to the tensions created by those who support free-market policies versus those who believe that governments must intervene to correct market failure.  Prerequisite:  ECO 20263 Microeconomics.