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  5. 14.03 / 14.003 Microeconomic Theory and Public Policy, Fall 2016

14.03 / 14.003 Microeconomic Theory and Public Policy, Fall 2016

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Author(s)
Autor, David
Date Issued
2016
Abstract
This course applies microeconomic theory to analysis of public policy. It builds from the microeconomic model of consumer behavior and extends to operation of single and multiple markets and analysis of why markets sometimes fail. We will study empirical examples to evaluate theory, focusing on the casual effects of policy interventions on economic outcomes. Topics include minimum wages and employment, food stamps and consumer welfare, economics of risk and safety regulation, the value of education, and gains from international trade. **MITx Online Version** This course is part of the Micromaster’s Program in Data, Economics, and Design of Policy through MITx Online. The course is entirely free to audit, though learners have the option to pay a fee, which is based on the learner’s ability to pay, to take the proctored exam, and earn a course certificate. To access the course, create an MITx Online account and enroll in the course [14.003x Microeconomic Theory and Public Policy](https://mitxonline.mit.edu/courses/course-v1:MITxT+14.003x/?utm_medium=ocw-website&utm_source=ocw-website&utm_campaign=dedp&utm_content=ocw-page-microeconomic-theory-and-public-policy ).
Subjects
Social Science - Economics - Microeconomics
Social Science - Public Administration - Public Policy
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Attribution-NonCommercial-NoDerivs 4.0 United States
https://creativecommons.org/licenses/by-nc-nd/4.0/deed.en
Persistent DSpace Link
https://dspace.mit.edu/handle/1721.1/175513
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