API-101: Markets and Market Failure
This course applies microeconomic reasoning to public issues, policies and programs. It considers economic incentives and organizations; models of economic behavior; the operation of markets; the price system and how it works; the consequences of market failure and interventions in markets; and policy objectives and instruments.
EC-980U: Immigration Economics
There has been a resurgence of large-scale international migration in the past few decades. This course explores the economic determinants and consequences of these population flows. Specific topics include the study of how immigrants are non-randomly selected from the population of the countries of origin, the measurement and implications of economic assimilation in the receiving country, the impact of the flows on the labor markets of both receiving and sending countries, and the calculation of the economic benefits from immigration. Note: A research paper will be required.