14.03 / 14.003 Microeconomic Theory and Public Policy, Fall 2010
Name
14-03-fall-2010/contents/index.htm
Size
34.39 KB
Format
HTML
Checksum (MD5)
456a71d7b18705448d6fcb9b787468d8
Author(s)
Autor, David
Alternative Title
Microeconomic Theory and Public Policy
Date Issued
December 2010
Abstract
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 real estate markets.
Subjects
consumer behavior
producer behavior
welfare analysis
measurement of productivity
rationing
insurance markets
intertemporal behavior
MIT Department
Massachusetts Institute of Technology. Department of Economics
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