
Leture 01. Introduction to Microeconomics and Public Policy
Nguyen Xuan Thanh
Readings:
1. Mankiw, Ch.1
2. PR, Ch. 1
Lecture 02. Introduction to Important Principles of Microeconomics
Dang Van Thanh
Readings:
1. Mankiw, Ch.1
2. PR, Ch. 1
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This course aims at providing students with the ability to apply microeconomic concepts, principles, and tools in (i) understanding the nature of economic issues discussed in the public sphere; (ii) applying knowledge of microeconomics to conduct public policy analysis; and (iii) applying fundamental knowledge of microeconomics to other courses in the program.
In addition to basic topics such as supply and demand, market equilibrium, consumer and producer, game theory, etc., the course also discusses important issues in public policy such as efficiency and equity, welfare analysis, and market failures. To some extent, social impacts of public policy are also discussed and compared to the standard economic arguments.