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

Sep 5
Waiver market round 1
Sep 12
Waiver market round 2

Household Choice and Cost Benefit Analysis

Wed Oct 24
Income elasticity; normal and inferior goods; expenditure function; compensating variation (CV).
Wed Oct 31
Human capital; separation of production and consumption; maximizing present value.
Wed Nov 7
PV for more complex streams; net present value; applications.

Producer Behavior and Market Structure

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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 11/07/2018