Systematic exposition of the principles and techniques of microeconomic theory that are most useful in analyzing public policies. Topics include the theory of the consumer, the theory of the firm, market mechanisms and general equilibrium analysis. The course will offer a general framework to improve the understanding of the resource allocation and welfare consequences associated with policies such as taxes, subsidies, regulation, and government transfers. Case studies of government intervention in the economy will be used to illustrate the concepts and theories examined.
Source: University of Ottawa Graduate Calendar, January 2014, at http://portal.publicpolicy.utoronto.ca/en/Courses/UniversityofOttawa/OttawaGradCalendar/Pages/default.aspx.
Source for the Course Outline below: http://ssms.socialsciences.uottawa.ca/vfs/.horde/offre_cours/syllabus/00036214108_API5126A.pdf (accessed 8 January 2014)