This is a capstone course for the economics major that is designed to integrate microeconomics, macroeconomics, and econometrics and apply tools learned in those courses to address issues in defense economics. The course also applies microeconomic analysis to case studies on defense personnel policies and weapon-system acquisition. The course discusses defense budgeting from the perspective of public finance and examines the economic impact of defense spending. Students use relevant databases, econometrics, and the skills they have learned as economics majors to prepare and present projects that analyze major defense and public policy decisions.
