Syllabus - PRINCETON UNIVERSITY Department of Economics...

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PRINCETON UNIVERSITY Department of Economics ECONOMICS 100 INTRODUCTION TO MICROECONOMICS Mondays and Wednesdays 11:00 a.m. to 12:20 p.m., McCosh 50 SPRING TERM 2010 INSTRUCTOR : Bobby Willig, 401 Robertson Hall, willig@princeton.edu, tel. 8-4843, office hours M 1:00 – 2:30, W 2:30 -- 4:00 HEAD PRECEPTOR : Thomas M. Eisenbach, teisenba@Princeton.EDU COURSE OBJECTIVES : This course introduces the analytic concepts and models used by economists to describe the microeconomic structure and behavior of a modern economy. It will explore the decisions of households and enterprises that interact with one another and how a market system determines the allocation of resources and work. The course covers competitive, monopoly and oligopoly product and factor markets, as well as such other market failures as externalities and public goods. Why and how governments sometimes intervene in markets will be discussed in order to illuminate such policy issues as income redistribution, taxation, competition policy, health care and pollution controls. The course aims to rotate among the perspectives of economics as a science, as a source of wisdom for personal decisions, as a source of business management guidance
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Syllabus - PRINCETON UNIVERSITY Department of Economics...

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