ECON 421
Incentives, Information, and Markets
Description: Lecture, three hours; discussion, one hour. Limited to Master of Applied Economics students. Introduction to concepts of information economics that lie at heart of modern economics and application of them to understand incentives within firms, as well as competition between them. Study of theoretical models and functioning of real-life markets, such as insurance, labor, and consumer markets. Consideration of whether we can design policies that improve market outcomes. Role of models in economics, and how to tie data and theory together. Letter grading.
Units: 4.0
Units: 4.0
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Most Helpful Review
Winter 2021 - Professor Board is one of, if not the best teachers I have had as an economics student. Not only is the class material extremely engaging, but he is willing to explore interesting topics in detail. He is approachable and often quite funny. I find that his class structure is very conducive to TRUE learning of the concepts, and also leaves you thinking about them well after class has ended. You will have to put some time in to understand some of the mathematical concepts, but it is well worth it given the applicability of the material to the real world. Overall, he is just a genuinely cool teacher and I would definitely recommend taking him if at all possible.
Winter 2021 - Professor Board is one of, if not the best teachers I have had as an economics student. Not only is the class material extremely engaging, but he is willing to explore interesting topics in detail. He is approachable and often quite funny. I find that his class structure is very conducive to TRUE learning of the concepts, and also leaves you thinking about them well after class has ended. You will have to put some time in to understand some of the mathematical concepts, but it is well worth it given the applicability of the material to the real world. Overall, he is just a genuinely cool teacher and I would definitely recommend taking him if at all possible.
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