| Winter Term 2021 Markets and Market Design - 2055 - ECON 475 |
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Prerequisites/Notes: ECON 300 Catalog Description : Free markets are central in economics, but markets depend on human-made institutions and are sometimes created and organized by human-made rules. This course examines how human-made marketplaces, exchanges, and matching mechanisms facilitate mutually beneficial transactions, and how the new field of market design can improve outcomes. Applications include some labor markets, auctions, school choice, and college admissions. PREREQUISITES: ECON 300 Attributes: GER Social Science Div, 400-599 Advanced Course
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