This course includes
exams, as well as problem sets and solutions, which are located in the
assignments section.
» Participate in the online discussion group for this course.
This class presents microeconomic theory and applications of consumer and producer behavior and welfare analysis at an intermediate level. In addition to standard competitive models, we study deviations due to externalities, asymmetric information, and imperfect rationality. We apply this material to policy debates including minimum wage regulations, food stamp provision, trade protection, educational credentials, health insurance markets, and Internet shopping.