Applied Economics in Public Policy

3 credits

Factor analysis, multiple regression, non-linear regression, multivariate ANOVA, spatial econometric modelling. Market concentration, externalities and imperfect information, tools to restrict monopolies and industrial policies, tools to treat market failures due to externalities, quotas, standards, tradable permits, taxes and subsidies, unbiased labelling and government provision, cost effectiveness analysis, cost-benefit analysis, economic impact analysis, life cycle cost analysis. This course is not eligible for Credit/D/Fail grading.