Fall 2007 Course Description

Applied Microeconomics for Policy Analysis

Instructor(s): Christopher King
Course: P A 393K - Applied Microeconomics for Policy Analysis
(previously Political Economy I)
Unique Number: 65740
Day & Time: Wednesdays, 2:00 PM - 5:00 PM
Room: SRH 3.111
Waitlist Information:For LBJ Students: UT Waitlist Information

Description: he primary purpose of this course is to provide students with little prior background in economics a thorough grounding in the principles of microeconomic theory and its applications to public policy issues and problems. Its secondary purpose is to foster teamwork skills in conducting policy analysis. The course will be conducted through class lectures and student presentations and discussions, as well as an in-depth analysis of a market-failure problem. A teaching assistant will be available during weekly office hours and by appointment. Theory and principles learned will be applied via problem sets, brief policy memos, and a market-failure analysis. Course completion should prepare students to perform advanced microeconomic policy analysis on the job and to pursue advanced study in related courses.

Required textbooks for the course are:

Edgar K. Browning & Mark A. Zupan, Microeconomic Theory and Applications, 8th Edition, HarperCollins Publishers, 2004

Robert Kuttner, Everything for Sale: The Virtues and Limits of Markets, Alfred A. Knopf, Twentieth Century Fund, 1997

Rebecca M. Blank & William McGurn, Is the Market Moral? A Dialogue on Religion, Economics & Justice, Brookings Institution Press, 2004

Grades will be based on class participation and presentations (20%); problem sets (20%); a midterm exam (30%); and a group market-failure analysis project (30%).

Return to Fall 2007 Course Schedule