Berkeley Teaching Philosophy Professor Carey provides students with a foundation in microeconomic theory and teaches them how to apply the theory to real-world problems in public policy and business.
Students work on problem sets individually and in teams.
Students in her microeconomics class write short biographies on famous economists, which she distributes electronically to the other students in class. She thinks students will have more fun learning about Hicksian versus Marshallian demand, for example, if they know a little bit about the lives of John Hicks and Alfred Marshall. Students in her energy economics class write a research paper on a current events topic in energy economics and present their research to the class. Water Markets Professor Carey's research focuses on electricity industry restructuring and the development of markets for water. With regard to electricity, she is researching the effect of market design in a restructured industry on the adoption of renewable energy technologies.