Peter J Wilcoxen > PAI 723 Economics for Public Decisions

Materials from Class

Copies of handouts. See the Course Outline page for readings in the textbook or exercises.

Demand, Supply and Markets

Jan 23
Waiver market round 1

Household Choice and Cost Benefit Analysis

Mon Mar 18
Income elasticity; normal and inferior goods; expenditure function; compensating variation (CV).
Wed Mar 27
Human capital; separation of production and consumption; maximizing present value.
Mon Apr 1
PV for more complex streams; net present value; applications.

Producer Behavior and Market Structure

Mon Apr 22
Handout on output and profit maximization.
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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 04/17/2019