Topics in welfare economics, the theory of market failure, tax incidence, and income distribution are discussed.
Empirical research based on microeconomic models is reviewed.
Eco 300 and one semester of calculus. Analysis of policies for stabilization and growth. Empirical research and applications are reviewed. Development of the basic analytical tools of game theory, including simultaneous and sequential move games, games with incomplete information, and alternative equilibrium concepts. Applications in fields such as industrial organization, public economics, international trade, and voting.