内容・進め方・主要文献等 |
Class Website http://www.e.u-tokyo.ac.jp/~ohashi/admicro04
This course introduces students to the use of microeconomics for the analysis of public policy on an advance level. Microeconomics is a remarkably useful body of ideas for
understanding and analyzing human behavior in a variety of contexts. The emphasis in
this course is on both intuitive and formal logic of economic principles, a deeper
understanding on the impacts of typical policy measures, and an introduction to the use of
professional microeconomic tools to assess and weigh these policy impacts. My goal in
this course is to get you to internalize the body of microeconomics well enough so that
you can analyze policy - as well as other - problems.
The first major task in this course is to develop the theory of supply and demand
underlying the competitive model. This serves two purposes. First, the competitive model
serves as a benchmark for evaluating other market structures, such as monopoly and
oligopoly. Second, understanding the components of the competitive model is extremely
useful to policy makers. Outside of the purely competitive market, an understanding of
demand is essential to firm pricing. The concept of supply provides an invaluable
framework for thinking about firm costs. After presenting the competitive model, we
spend some time on other market structures typically faced by firms (monopoly and
oligopoly). Finally we turn to the issue of market failure; this is why we need government
policies for.
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