Microeconomics for Public Policy

Undergraduate catalogue

Microeconomics studies individual choices under constraints, and how these interact with one another to produce economic outcomes. We focus on how microeconomics can help us understand the effects of alternative public policies. We begin by studying how individuals and firms make consumption, labor, and production decisions, how consumers and firms interact in a competitive market, and how taxes and regulations affect market outcomes. Prerequisite: ECO 100. This course is not open to students who have taken ECO 300 or ECO 310.