This class is open to MPA students only.
This course teaches fundamental concepts in microeconomics that are essential to the study and practice of public policy and public management. Our focus is on real-world applications and answering the question: ?Why do people who care about public policy need to know microeconomics?? The primary learning objective of this course is for students to become comfortable applying economic models to real world policy issues. Careful attention will be paid to understanding key model assumptions and limitations, identifying and manipulating model parameters, adapting models to address novel situations, and using models to evaluate and compare policy options.