14.03 Microeconomic Theory and Public Policy

Class Info

Applies microeconomic theory to analysis of public policy. Builds from microeconomic model of consumer behavior; extends to operation of single and multiple markets and analysis of why markets sometimes fail. Empirical examples to evaluate theory, focusing on the casual effects of policy interventions on economic outcomes. Topics include minimum wages and employment, food stamps and consumer welfare, economics of risk and safety regulation, the value of education, and gains from international trade.

This class has 14.01 as a prerequisite.

14.03 will be offered this semester (Fall 2019). It is instructed by D. Autor and N. Agarwal.

Lecture occurs 9:30 AM to 11:00 AM on Mondays and Wednesdays in 32-141.

This class counts for a total of 12 credits. This class counts as a HASS S.

You can find more information at the MIT + 14.03 - Google Search site or on the 14.03 Stellar site.

MIT 14.03 Microeconomic Theory and Public Policy Related Textbooks
MIT 14.03 Microeconomic Theory and Public Policy On The Web

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