<p>Lecture, three hours; discussion, one hour; outside study, eight hours. Requisite: course 201. Second course in two-term sequence (see course 201) covering both theory and policy applications. Topics include monopoly, factor markets, general equilibrium, welfare economics, externalities, public goods, uncertainty, and intertemporal optimization. Letter grading.</p>

Public Policy

At the convergence of social work, urban planning, and policymaking, the school identifies and develops emerging areas of research and teaching, cultivating leaders and change agents who advance solutions to society’s most pressing problems.

Meyer and Renee Luskin School of Public Affairs

The department’s goal is to foster an understanding of the theory and practice of public policy in the many fields in which it applies.

General Catalog

Principles of Microeconomic Theory II

PUB PLC 204

4 units