Assistant Professor — Ph.D., University of California, Berkeley
- E-mail: email@example.com
- Phone: 512-475-8518
- Office: BRB 2.102C
- Office Hours: By appointment
ECO 420K • Microeconomic Theory
TTH 1100am-1230pm WAG 214
A SURVEY OF NEOCLASSICAL AND CONTEMPORARY THEORIES OF THE PRINCIPAL DETERMINANTS OF PRICES AND OF THE ROLE OF PRICES IN ECONOMIC ORGANIZATION. REQUIRED OF STUDENTS MAJORING IN ECONOMICS. STUDENTS MAY NOT ATTEMPT ECONOMICS 420K MORE THAN TWICE.
PREREQUISITE: ECONOMICS 304K AND 304L WITH A GRADE OF AT LEAST C- IN EACH, AND MATHEMATICS 408C AND 408D, OR MATHEMATICS 408K AND 408L, WITH A GRADE OF AT LEAST C- IN EACH.
The primary objective of the course is to study contemporary theories of the principal determinants of prices and the role of prices in economic organization. The course will emphasize the fundamental concepts of microeconomics and provide concrete examples of their application. The course will cover the demand and supply theories for competitive markets, some instances of market power, basics of the game theory, choice under uncertainty, and equilibrium in an exchange and production economy.
“Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions” with Andrea Weber
“Why Are Benefits Left on the Table? Assessing the Role of Information, Complexity, and Stigma on Take-up with an IRS Field Experiment” with Saurabh Bhargava, (revise and resubmit at American Economic Review)
“Policy Variation, Labor Supply Elasticities and a Structural Model of Retirement” with Kathleen Mullen and Mathis Wagner (revise and resubmit at Journal of Applied Econometrics)
“Are Micro and Macro Labor Supply Elasticities Consistent? A Review of Evidence on the Intensive and Extensive Margins” with Raj Chetty, Adam Guren and Andrea Weber, American Economic Review Papers and Proceedings 101: 471-75, 2011
“Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities” with Raj Chetty, Adam Guren and Andrea Weber, NBER Macroeconomics Annual 2012