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Colloquium on Policy Analysis
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| Telephone:
(212) 854-4659 Office: 807B IAB |
Email: rd247@columbia.edu |
| TA: Bernard
Wee btw11@columbia.edu (917) 545-4291 Office Hours: F 9-11am, 413 IAB |
PA: Jennifer Sly |
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TA and Tutorials The teaching assistant will run a weekly session to review class material and help with the problem sets, and in addition will schedule weekly office hours. Attending class All dates are provisional and subject to change. Plan on attending all the classes. Do not purchase air tickets that conflict with class dates. Dates of the midterm, problem sets, and group projects may change depending on the pace of the lectures. |
This Week Group 7 Review for final Lab Review for final FINAL
EXAM |
| January
17 |
Production
review Reading: Review PR chapters 6-8. |
| January
22 |
What
is a firm? Not-for-profit firms Reading: “Organization of the Firm”, Holmstrom/Roberts, Hart/Moore, Hansmann (2). |
| January
24 |
General
equilibrium and welfare with production Reading: PR chapter 16. |
| January
29 |
Trade Reading: PR chapter 16.5, Krugman/Obstfeld, Bhagwati. |
| January
31 |
Input
markets Reading: PR 14.1-14.2, Ehrenberg and Smith, chapters 3-5. |
| February
5 |
Income
inequality and discrimination Reading: Ehrenberg, chapters 8, 12, 15. |
| February
7 |
More
on capital markets. |
| February
12 |
Auctions
(or Selling the kitchen sink) Readings: Handout (Schotter), O’Flaherty, Milgrom, Thaler. |
| February
14 |
Surplus Reading: PR chapters 4.1, 9.1-9.4, Eaton, chapter 4. |
| February
19 |
Taxes
and tax incidence Reading: PR chapter 9.5-9.6. |
| February
21 |
Cost
benefit analysis. Reading: Wiemer and Vining ch. 12, Schelling, Hubin. |
| February
22 |
Special
Lecture: Affirmative action: The role of auctions, rent, and
comparative advantage |
| February
26 |
Stadia:
Spillovers. Reading: PR chapter 8, Mishan. Unemployment. Reading: Ehrenberg, chapter 15. |
| February
28 |
Monopoly.
Reading: PR chapter 10, 14.3-14.4 |
| March
5 |
Regulating
market power/price discrimination/deregulation Reading: PR chapter 11, Winston, Train. |
| March
7 |
Time
consistency, further ruminations Readings: Dixit and Nalebuff. |
| March
12,14 |
Midterm
break |
| March
19 |
Open |
| March
21 |
Externalities:
Fisheries, parks, and the common kitchen Readings: “The Tragedy of the Commons”. |
| March
26 |
Dealing
with externalities: Threats (and the law); the Coase Theorem Readings: Coase, Medema. |
| March
28 |
Government
failures. Readings: Tullock, Hillman. |
| April
2 |
Group
1 presents. Group 2 presents. |
| April
4 |
Oil
(and other non-renewable resources) Reading: PR chapter 15.7, “Nonrenewable Resource Use”. |
| April
9 |
Sewage Reading: Lewis. |
| April
11 |
Group
3 presents. Group 4 presents.
Papers due. |
| April
16 |
Hotels
in Mecca, an umbrella in the rain…Peak-load pricing. Reading: Vickrey. |
| April
18 |
Group
5 presents. Group 6 presents. |
| April
23 |
Group
7 presentation. |
| April
25 |
Final
review. |
| April
30 |
Final
Exam |