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Home > Degree Programs > Teaching & Courses > Course Listing > Markets and Market Failure
API-101 B: Markets and Market Failure
Faculty: George Borjas
Schedule
| Day | Time | Location | |
|---|---|---|---|
| First Day | 9/10 | ||
| Meet Day | M/W | 8:40 AM - 10:00 AM | Land |
| Review | F | 10:10 AM - 11:30 AM | Land |
| NOTE: 1st REAL CLASS MEETING MON. 9/10 | |||
Description
This course applies microeconomic reasoning to public issues, policies, and programs. It considers economic incentives and organizations; models of economic behavior, including markets, the absence of markets, and interventions in markets; the price system and how it works; and policy objectives and instruments. All sections cover a common set of core topics; the pedagogical approaches vary with the individual instructor. Prerequisite: The A section of this course presumes some prior exposure to the field and the ability to use basic calculus.
API-101 is required for MPP students. May not be taken for credit if taken after API-109 or API-111. API-105 (see below) is intended as an alternative to API-101 for MPAs and for MPP-UPs; MPP1 students can substitute API-105 for API-101 only with the permission of the API-105 instructor.