The role of business in the public policy process: how business organizations influence public policy and its administration, and how public policies affect business. Processes of change are of particular interest. Attention is to the motivation, behavior patterns, and the dynamics of the interaction of different stakeholder groups, policy makers, and managers responsible for the implementation of public policies. Develops a framework for analysis of the effectiveness and efficiency of different fiscal, regulatory, and promotional policies; consideration is given to the impact of technological, economic, and social change on policy choice in the long term. Prerequisite: BUEC 311 or ECON 281.