This class gifts microeconomic principle as well as applications of consumer and additionally music producer behavior and benefit analysis at just an intermediate level. In addition to standard competitive designs, we research deviations due to externalities, asymmetric information, and also imperfect rationality. We apply this material to insurance policy debates such as minimum wage guidelines, food stamp provision, trade protective covering, educational qualifications, health insurance markets, as well as property markets.
Autor, David. 14.03 Microeconomic Theory and Public Policy, Fall 2010. (Massachusetts Institute of Technology: MIT OpenCourseWare),http://ocw.mit.edu (Accessed 30 Jul, 2012). License: Creative Commons BY-NC-SA