API-101 C: Markets and Market Failure

Semester: Fall

Credit: 1.0

Syllabus: Click here for syllabus

Schedule

Day Time Location
First Day 9/6
Meet Day M/W 1:10 PM - 2:30 PM LAND
Review F 11:40 AM - 1:00 PM Land

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 Z 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. MPA students can enroll in API-101 only with the permission of the API-101 course head and if admitted will be assigned to a section by the MPP faculty chair.