Analysis of markets and market equilibria; the Arrow-Debreu model of general equilibrium, the two-sector model, welfare theorems, externalities, public goods, markets with incomplete and asymmetric information.

Prerequisites/Rules:
ECON603. Restriction: Permission of BSOS-Economics department.
Credits: 3
Grading Method: Regular, Audit

Course Offerings

    Spring 2017Instructor: Erkut OzbayCo-Instructor: Daniel R. Vincent
    Spring 2016Instructor: Erkut OzbayCo-Instructor: Daniel R. VincentView: Syllabus