35916 - New Developments In Public Finance
This course provides graduate-level discussion of topics and methods in public finance. It will be taught Spring 2017 and cover a variety of applied topics: Health insurance (Mahoney), education (Zimmerman), State and Local Public Finance and Place-based Policies (Zidar), and Investment and Housing Tax Policy (Zwick).
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.
Midterm and Solutions are on chalk
Week 0: Math Review
Week 1: Supply and Demand, Elasticities, and Applications
Week 2: Consumer and Producer Surplus, Efficiency, Government and Taxation
Week 3: Consumer Behavior, Market Demand, and Consumer Welfare
Week 4: Economic Cost, Factor Demand, and Technological Change
Week 5: Industry Supply, Market Equilibriuim, Profits
Week 6: Capital Markets and Investment
Week 7: Monopoly, Innovation, Advertising
Week 8: Oligopoly, Strategic Interaction, Discrete Choice
Week 9: Uncertainty, Insurance, and Adverse Selection
Week 10: Price Discrimination, Behavioral Economics, and Course Review
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.