API 5126 Microeconomics for Public Policy

3 units
Public and International Affairs
Faculty of Social Sciences
Systematic exposition of the principles and techniques of microeconomic theory that are most useful in analyzing public policies. Topics include the theory of the consumer, the theory of the firm, market mechanisms and general equilibrium analysis. The course will offer a general framework to improve the understanding of the resource allocation and welfare consequences associated with policies such as taxes, subsidies, regulation, and government transfers. Case studies of government intervention in the economy will be used to illustrate the concepts and theories examined.

Components:

Seminar

Previously Offered Terms:

Winter

French Equivalent:

Organized

130 responses

4.22

/ 5

strongly agree
59%
agree
24%
disagree
6%
strongly disagree
8%
25%
50%
75%
100%

Clear Expectations

48 responses

3.85

/ 5

strongly agree
38%
agree
35%
neither agree nor disagree
8%
disagree
13%
strongly disagree
6%
25%
50%
75%
100%

Learned a Lot

131 responses

3.98

/ 5

strongly agree
36%
agree
46%
disagree
10%
strongly disagree
6%
25%
50%
75%
100%

Recommend

84 responses

4.10

/ 5

strongly agree
46%
agree
38%
disagree
10%
strongly disagree
6%
25%
50%
75%
100%

Workload

84 responses

2.50

/ 5

very heavy
15%
heavier than average
25%
average
54%
lighter than average
6%
very light
0%
25%
50%
75%
100%

Fair Assessments

131 responses

4.38

/ 5

strongly agree
64%
agree
24%
disagree
8%
strongly disagree
4%
question not applicable
1%
25%
50%
75%
100%