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PUBLPOL Microeconomics (IPS 204A)

Health Law: Life Science Research Institutions & Companies

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PUBLPOL 301A

Microeconomics (IPS 204A)

School of Humanities & Sciences

Recommended for route(s):

[ Academia ] [ Regulatory & Policy ] [ Transactional ] Health Law: Life Science Research Institutions & Companies

Why it is relevant for ...

[ Academia ] [ Regulatory & Policy ] [ Transactional ] as a Relevant Course outside SLS for those interested in Economics : Transactions are often driven by economic considerations. This course provides an introduction to microeconomics, the part of economic analysis most relevant to lawyers.

General course Description:

Microeconomic concepts relevant to decision making. Topics include: competitive market clearing, price discrimination; general equilibrium; risk aversion and sharing, capital market theory, Nash equilibrium; welfare analysis; public choice; externalities and public goods; hidden information and market signaling; moral hazard and incentives; auction theory; game theory; oligopoly; reputation and credibility. Prerequisites: ECON 50 and MATH 51 or equiv.

Course Style: A Substantive course teaches the law, theory, and policy in a particular area of law

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