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Home > Degree Programs > Teaching & Courses > 2012-2013 Course Listing > Markets and Market Failure
API-101 A: Markets and Market Failure
Faculty: Christopher Avery
Schedule
| Day | Time | Location | |
|---|---|---|---|
| First Day | 9/7 | ||
| Meet Day | M/W | 10:10 AM - 11:30 AM | STARR |
| Review | F | 8:40 AM - 10:00 AM | L130 |
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 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 is intended as an alternative to API-101 for MPAs; MPP1 students can substitute API-105 for API-101 only with the permission of the API-105 instructor and the API-101 course head.