PUBLPOL 51: Microeconomics for Policy (INTLPOL 204A, PUBLPOL 301A)
Microeconomic concepts relevant to decision making. Topics include: competitive market clearing, price discrimination; general equilibrium; risk aversion and sharing, capital market theory, Nash equilibrium; welfare analysis; public choice; externalities and public goods; hidden information and market signaling; moral hazard and incentives; auction theory; game theory; oligopoly; reputation and credibility. Undergraduate Public Policy students may take
PublPol 51 as a substitute for the
Econ 51 major requirement. Economics majors still need to take
Econ 51. Prerequisites:
ECON 50 and
MATH 51 or equiv.
Terms: Aut
| Units: 4-5
| UG Reqs: WAY-SI
Instructors:
Bulow, J. (PI)
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