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318.603.01
Applied Microeconomics for Policymaking I

Location
East Baltimore
Term
1st Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2012 - 2013
Instruction Method
TBD
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Contact Name
Frequency Schedule
Every Year
Description
Introduces the basic principles of microeconomics by emphasizing applications to the solutions of public problems. Students examine how markets operate and the role of government intervention. Acquaints students with public versus private goods, externalities, information asymmetry and other issues. Provides a theoretical framework for addressing policy problems.
Learning Objectives
After completing this course, you should be able to:
  1. Define the terminology of microeconomics;
  2. Identify the basic tools in microeconomic analysis;
  3. Apply the economic way of thinking to policy problems;
  4. Explain how markets operate and identify welfare outcomes for consumers and firms;
  5. Assess the different types of government intervention using the tools of supply and demand;
  6. Develop creative and critical thinking skills by applying economic concepts to real world problems; and
  7. Communicate economic analysis in verbal, written and mathematical formats.
Multiterm
Final grade applies to all terms
Enrollment Restriction
undergraduates are not permitted in this course;
Special Comments

This course will be taught on the Homewood campus.