The Maxwell School
Syracuse University
PAI 723 Economics for Public Decisions
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Materials from Class
Tue 9/24
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Topics
Writing memos
Externalities: overview
Positive externality and efficiency
Marginal social benefit (MSB)
Subsidies: overview
Subsidies: example application
Positive externality example: welfare analysis
Class Materials on Memos
Memo purpose and goals
Tips on writing a policy memo (annotated)
More tips on writing a policy memo (annotated)
Memo grading rubric (annotated)
Example memo outline
Example memo (annotated)
Class Materials on Externalities and Subsidies
Externalities, part 1
Externalities, part 2
Subsidies
Subsidy example: welfare analysis
Other Resources
Recording available via Blackboard
Readings and exercises on positive externalities and MSB
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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 01/02/2025
