Principles of Microeconomics (introductory undergraduate)
An introduction to economics, with a particular emphasis on supply and demand, taxation, surplus,
international trade, optimal consumer choice, production, profit maximization, competition,
monopoly, monopolistic competition, oligopoly, public goods, common resources, externalities,
labor demand, inequality, poverty, and game theory. We take simple derivatives in this course.
Students will do in-class problems during every lecture, do experiments online and inside of class,
do online homework, complete written practice problems, and take three midterms and a final exam.
Economics of Innovation and Scientific Research (upper level undergraduate)
We will use simple microeconomic principles to understand how and why innovation happens, how
innovation is related to basic scientific research, what factors influence the production and diffusion
of new ideas, and how government policy can help or hinder innovation. We will also study the
relationship between innovation and economic welfare using recent macroeconomic models. Students
must have already taken principles of microeconomics, and principles of macroeconomics. Intermediate
microeconomics and at least one semester of econometrics are recommended, though not required.
There will be two midterms and a final exam, as well as written homework assignments.
Development Economics (2nd year Ph.D.)
We will study modern microeconomic research in development economics, with a focus on poverty
measures, inequality, agricultural markets, education, health, nutrition, and labor markets. The
course covers classic theoretical models as well as recent empirical work. Students will present
important recent papers in class and take a written final exam.
Applied Microeconomics Research Seminar (3rd year Ph.D.)
We will develop strategies for becoming an accomplished researcher in applied microeconomics.
We will learn the components of a convincing applied microeconomics research design and
identification strategy, as well as the four key things which every presentation must communicate.
Students will present preliminary versions of their own research and research ideas.