35916 - New Developments In Public Finance

This course provides graduate-level discussion of topics and methods in public finance. It covers a variety of applied topics: Health insurance (Mahoney), education (Zimmerman), Spatial Public Finance (Zidar), and Investment and Housing Tax Policy (Zwick).


Lecture 1: Introduction to Spatial Public Finance, the Rosen-Roback Spatial Model

- Lecture Notes

Lecture 2: Placed-based Policies

- Lecture Notes, Calibrated Spatial Model, Train's Discrete Choice

Lecture 3: Capital Taxation in a Spatial Setting, Quantitative Harberger Model

- Lecture Notes, supplemental Harberger notes from Auerbach and Poterba

Lecture 4: Firm Location, Taxes, and the Incidence of Local Corporate Tax Cuts

- Lecture Notes

Acknowledgements: These lectures are often heavily based on materials developed by David Card as well as Pat Kline, Enrico Moretti, David Albouy, Alan Auerbach, Emmanuel Saez, and Gabriel Zucman.

33001 - Microeconomics

This course teaches the basic principles of modern microeconomics and their application to business decisions. The course will cover the following topics: the economic determinants of consumer choice; the behavior of firms in competitive and monopolistic settings; the effect of market structure on prices, production, and profit; factor markets, investment, and technological change; the strategic aspects of pricing; the effect of incomplete information and uncertainty on the behavior of consumers and firms.


Week 0: Math Review

- Lecture Notes, Supplemental Math Review

Week 1: Supply and Demand, Elasticities, and Applications

- Lecture Notes

Week 2: Consumer and Producer Surplus, Efficiency, Government and Taxation

- Lecture Notes, Supplemental Uber case study

Week 3: Consumer Behavior, Market Demand, and Consumer Welfare

- Lecture Notes, Utility Example, Demand for Movies Example

Week 4: Economic Cost, Factor Demand, and Technological Change

- Lecture Notes, Cost Example

Week 5: Industry Supply, Market Equilibriuim, Profits

- Lecture Notes

Week 6: Capital Markets and Investment

- Lecture Notes, PDV.xls, Supplemental Note of Firm Investment

Week 7: Monopoly, Innovation, Advertising

- Lecture Notes, Revenue.xls, Supplemental Reading on Market Power

Week 8: Oligopoly, Strategic Interaction, Discrete Choice

- Lecture Notes

Week 9: Uncertainty, Insurance, and Adverse Selection

- Lecture Notes

Week 10: Price Discrimination, Behavioral Economics, and Course Review

- Lecture Notes

Acknowledgements: These lectures are often heavily based on materials developed by Kevin Murphy and Alex Frankel as well as Bob Topel, Matt Notowidigdo, Emily Oyster, Raj Chetty, Loukas Karabarbounis, Jesse Shapiro, David Card, Jon Guryan, and Jonathan Gruber.

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