Microeconomics for Public Policy

Faculty

IIZUKA, Toshiaki

Credit / Semester / Schedule / Language

4 Credits / Winter / Tuesday Period: 3 / Thursday Period: 3 / English

Objectives/Overview

This is an introductory course in microeconomics, which covers the fundamental theories of the consumer, the firm, and markets. Emphasis will be on applying these theories to understanding and evaluating real world events so that the student learns to think like an economist. It assumes no prior knowledge of economics, and some of high school level mathematics and graph based reasoning will be used.

Keywords

Microeconomics, Principles

Teaching Methods

Lecture

Grading

Homework assignments (20%), Midterm exam (30%), Final exam (40%), Class participation (10%)

Required Text

Mankiw G., Principles of Microeconomics, 6th edition, 2011, Cengage Learning.

Notes on Taking the Course

Those who have previously studied economics should take an upper-level course, such as Microeconomics (offered in English during the summer semester). Non-GraSPP students have to obtain the instructor’s permission to take this course.

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