Apr 18, 2025  
Graduate Record 2022-2023 
    
Catalog Navigation
University Registrar
Catalog Home
University of Virginia
Board of Visitors and University Administration
Academic Calendar
University Regulations
Dining, Housing, and Tuition & Fees
Financial Aid
Programs and Degrees Offered
Course Numbering Information
Graduate School of Arts & Sciences
School of Architecture
Darden Graduate School of Business Administration
McIntire School of Commerce
School of Education and Human Development
School of Engineering and Applied Science
School of Law
School of Medicine
Frank Batten School of Leadership and Public Policy
School of Nursing
School of Continuing and Professional Studies
School of Data Science
Course Descriptions
Additional Academic Opportunities
Student Services
Military Educational Benefits
Archived Records
Graduate Record 2022-2023 [ARCHIVED RECORD]

GBUS 8325 - Markets, Government, and Society

Effective Start Date: 05/03/2021
This course examines the benefits and shortcomings of markets as an institutional arrangement for improving social welfare, and it explores conditions under which government action helps direct better market outcomes. The textbook case for government intervention to correct market failures. It describes an idealized environment in which market outcomes are Pareto optimal.

Credits: 1.5
Grading Basis: Graded