Course Meeting Times

Lectures: 2 sessions / week, 1.5 hours / session

Course Description

Topics include: productivity effects of health, private and social returns to education, education quality, education policy and market equilibrium, gender discrimination, public finance, decision making within families, firms and contracts, technology, labor and migration, land, and the markets for credit and savings.


14.121 Microeconomic Theory I

14.122 Microeconomic Theory II

Course Requirements

An essential requirement of the class is the mandatory paper readings. There will be one paper assigned for every other lecture. You must read this paper extremely carefully. There will also be questions to be answered and turned in at the beginning of the lecture (you can work in groups of maximum 4 and hand in one set of answers). We will discuss this paper at length in class. Instead of recapitulating the content of the paper, we will assume everyone has read it and discuss specific details of the paper.


Final grades will be based on:

Reading assignments 30%
Participation in the discussions 10%
Final exam 60%