Course # 32100 Section Number 1 Day(s) W Time(s) 3:00pm-5:50pm Term Winter 2026 Specialization Municipal Finance Markets & Regulation Course Instructor Paula Worthington Syllabus Syllabus 10/2/24 This course uses basic microeconomic theory to analyze the taxing, spending, and programmatic choices of state and local governments in the United States, relying on the median voter and Tiebout models. On the revenue side, the course treats property, sales, and income taxation, as well as nontax revenue sources such as lotteries and user fees. On the spending side, the course covers several topics, including privatization, Medicaid, education finance, capital projects and debt finance, and, time permitting, local economic development tools used by state and local governments. Recent News More news Ten Years of MSCAPP: Where Public Policy Meets Coding Wed., July 23, 2025 Rising Star in Mexico: Roberto Velasco Álvarez, MPP'17 Wed., July 23, 2025 Student Profile: Maria Villamizar Londono Wed., July 16, 2025 Upcoming Events More events Harris Summer Campus Visit Mon., July 28, 2025 | 10:00 AM Harris School of Public Policy 1307 E 60th St Chicago, IL 60637 United States Civic Leadership Academy 2026 Virtual Information Session Wed., July 30, 2025 | 12:00 PM UChicago Summer Send-Off in Tokyo Thu., July 31, 2025 | 7:30 PM DevilCraft-Hamamatsucho, Risewell Building, 1F, Minato-ku Tokyo 105-0013 Japan