Public and Environmental Affairs | Seminar in Public Capitol and Debt Theory
V667 | 20530 | Johnson


V 667 Seminar in Public Capital and Debt Theory (3 cr.) P or C: SPEA-
V 560. This seminar examines the options open to governments,
especially state and local, and why they resort to debt finance. The
issues raised by the alternatives are examined in detail. Among the
topics are public authority debt, revenue bonds, methods of
placement, lease-purchase finance, and maturity choice. In addition,
management of idle cash balances will be considered.