GSD Course Bulletin - Fall 2010 - SES-05203-00

COURSE DETAILS


05203: Markets and Market Failure (SES 0520301)

Urban Planning and Design
Lecture - 4 credits
Monday Wednesday 8:40 - 10:00   Littauer 230
Friday 8:40 - 10:00   Littauer RG201

Instructor(s)

Jose Gomez-Ibanez, Joseph Kalt

Course Description

The first half of the course covers skills for predicting market behavior, including supply and demand and the behavior of firms and consumers. The second half examines the rationale for government intervention in markets, including problems of information, monopoly, externalities, and collective or public goods. GSD 5203A covers similar topics to the KSG course, API-101, but uses case discussions as well as lectures. The A section emphasizes market regulation and economic development applications.The first half of the course covers skills for predicting market behavior, including supply and demand and the behavior of firms and consumers. The second half examines the rationale for government intervention in markets, including problems of information, monopoly, externalities, and collective or public goods. GSD 5203A covers similar topics to the KSG course, API-101, but uses case discussions as well as lectures. The A section emphasizes market regulation and economic development applications.


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