Microeconomics Policy

This course introduces students to the analytical tools used in microeconomics that can be applied to public policy problems. The course starts with the competitive market benchmark and then examines situations where markets fail. Each source of market failure will be examined from a theoretical perspective, followed by policy policy issues such as inequality, discrimination, distribution of income, taxation, minimum wages and unions, unemployment and health insurance, pensions, parental leaves and child benefits, natural resources and environmental policies, international trade, etc.