Semester:
Fall
Offered:
2010
Voting theory, social choice, mechanism design, bargaining theory, cooperative game theory, equitable cost allocation, fair division, welfare analysis of taxation, public expenditures and risk bearing. This course offers a rigorous approach to normative economics. Students should have an interest and ability to work with abstract mathematics and axiomatic reasoning. |
Note: A graduate level of this course is being offered at the same time, therefore graduate students will be present in the class. |
Prerequisite: Mathematical sophistication and interests in abstract reasoning is required, but there are no specific prerequisites. |
Economics 2070: Normative Economics (graduate level) This course offers a rigorous approach to normative economics. Voting, bargaining, cooperative game theory, social choice, mechanism design, equitable cost allocation, fair division, welfare analysis of taxation, and more. Students should have an interest and ability to work with abstract mathematics and axiomatic reasoning.