PST 540 - Microeconomics for Public Policy

3 credits
Matriculated students must be a graduate student in good standing. Non matriculated students must possess an earned bachelor’s degree. Any exceptions require the permission of one of the following: the course instructor, the graduate program director or the Department Chair. Development of microeconomic theory, applications, and price policy. Covers the theory of price determination, resource allocation, income distribution, and welfare economics, with particular emphasis to public policy issues. Perfectly competitive markets and models of imperfect competition are covered, including applications of game theory. Theory is integrated with public policy questions.