Search | Directories | Reference Tools
UW Home > Discover UW > Student Guide > Course Catalog 

Instructor Class Description

Time Schedule:

C. Leigh Anderson
PB AF 516
Seattle Campus

Economics for Policy Analysis and Management I

Ways in which microeconomic analysis can contribute to the analysis of public sector issues. Supply and demand, consumer and firm behavior, competitive and monopoly markets, income distribution, market failure, government intervention. Policy applications of theory. Prerequisite: elementary economics.

Class description

This course is intended to familiarize you with the use of microeconomics in policy analysis. The first half of the course is devoted to building upon introductory microeconomic theory with a deeper discussion of consumer choice and markets. We begin with a very brief review of supply and demand and some important economic concepts including elasticity and consumer surplus. We follow with indifference curves and budget constraints -- the building blocks of individual demand curves and examine income and substitution effects with this model. The first half of the course concludes with a brief treatment of production and costs. The second half of the course is devoted to an overview of the market and the most basic market structures and more examples of the role of government in providing public goods and managing externalities.

Student learning goals

General method of instruction

Recommended preparation

Class assignments and grading

The information above is intended to be helpful in choosing courses. Because the instructor may further develop his/her plans for this course, its characteristics are subject to change without notice. In most cases, the official course syllabus will be distributed on the first day of class.
Last Update by Blake N Cooper
Date: 02/01/2010