## Spring 2020 | PA 5021 Section 001: Microeconomics for Policy Analysis (57590)

- Instructor(s)
- Class Component:
- Lecture
- Instructor Consent:
- No Special Consent Required
- Instruction Mode:
- In Person Term Based
- Times and Locations:
- Regular Academic Session01/21/2020 - 05/04/2020Tue, Thu 11:15AM - 12:30PMUMTC, West BankHubert H Humphrey Center 184
- Enrollment Status:
- Open (0 of 30 seats filled)
- Also Offered:

- Course Catalog Description:
- Introduction to tools useful for public policy. Intermediate microeconomics.
- Class Notes:
- http://classinfo.umn.edu/?dorelien+PA5021+Spring2020
- Class Description:
This course will teach you to apply

**microeconomic reasoning to public issues, policies and programs.**It begins with an analysis of**economic incentives and their impacts on the behavior of individual consumers and firms,**and shows how these decisions affect market outcomes. It then moves to an analysis of the consequences of market failure, and potential policy instruments to offset the impacts of market failure.To be able to understand and apply economic analyses it is important that you learn to think about economic issues on three levels: conceptual, graphical, and mathematical. Lectures, problem sets and exams will encourage you to think about problems on all of these dimensions. Students frequently find one or more of these approaches easier than they do the others. We encourage you to challenge yourself to integrate all three.

Students will also be encouraged to think about how economic analysis applies to policy issues. To facilitate this process, we will have a series of in-class presentations in which students apply concepts in class to current policy issues. These presentations will offer you a chance to hone your communication skills and to explain economic concepts in a way that would be relevant and accessible to a policy audience.

This course will be taught at the level of an intermediate microeconomics course. This is not an introductory economics course. If you have never taken economics before you will need to make sure that you complete the Foundation for Success videos. I will also provide extra materials and videos to help students catch up.

Class will meet on Tuesday and Thursday afternoons (11:15AM - 12:30PM) and the discussion session will take place Thursday afternoons (1:25PM - 2:15PM).

Textbook: Goolsbee, Levitt, and Syverson. Microeconomics (First Edition). Worth Publishers

**Use of Calculus:**In all three sections of PA 5021 we teach students how to calculate derivatives, but will not have more calculus required beyond this. In other words, all three sections of PA 5021 are taught at the same level.

- Grading:
__Class Participation__You will be graded on your participation in lecture and discussion. Participation includes attendance at lectures and discussion sections, active participation (by asking and responding to questions), and respect shown to peers and instructors. You are not guaranteed to receive all 10 percentage points.**(5%)**You will receive problem sets regularly throughout the semester (8 total). They will be posted on Moodle on Tuesdays and due by the following Monday in class. Please type your problem sets and turn in a printed copy at the beginning of lecture. Problem sets are graded by TA with check, check minus, or check plus. The lowest problem set grade will be dropped. The problem sets are important to your learning and will be the best way to learn and understand the material and prepare for the exams.**Homework problem sets (10%)**Students will work in groups that will be determined at the beginning of the semester. Each group will prepare a presentation for an in-class discussion on a policy or decision-making issue. Presentations will be based on your use of relevant economics tools and your informed opinions. In addition, each member of the group will write an individual memo - no longer than five pages double spaced-that summarizes his or her position on the issue. The memo will be due by noon the day of in-class discussion.**Short memo and presentation (15%)**The in-class exams will cover material presented in lecture and discussion, problem sets and in the policy discussions. Exams will test concepts developed in class, as well as your ability to analyze and solve problems similar to those in your problem sets. I will give you sample test questions with answers to help you prepare for each exam.__Midterm Exams (Two at 20% each, total midterms are 40% of final grade)__The final exam will be the same format as the in-class exams and problem sets. It will be cumulative, although more heavily weighted towards the material in the final part of the course. The final exam is scheduled according to the University's Calendar on December 19 from 6:30 to 8:30 pm.__Final Exam (30%)__

HTML is allowed.- Class Format:
Lectures will occur once a week on Mondays from 6:00 to 8:45 pm. Lectures will cover material similar to the textbook and will go into more detail in certain areas and cover topics the textbook misses. There will be plenty of opportunities for questions and some in-class problems and exercises. During half of the lecture sessions there will be short memo presentations. The class lectures are reinforced with homework problem sets and policy memos. Printed slide handouts will be provided to you at each class and posted on the Moodle site for note-taking.

Discussion sections will occur once a week on Wednesdays from 6:00-7:15. Discussion sections will focus on reviewing concepts that the class finds difficult and going over practice problems. Please let your TA know if there are specific concepts you would like covered.

There will be no discussion session the Wednesday before Thanksgiving.- Workload:
- You should be prepared to spend about
**6-9 hours per week**outside of the class time on this course. The class lectures are reinforced with problem sets and policy memos. - Textbooks:
- https://bookstores.umn.edu/course-lookup/57590/1203
- Past Syllabi:
- http://classinfo.umn.edu/syllabi/dorelien_PA5021_Spring2019.pdf
**(Spring 2019)**

http://classinfo.umn.edu/syllabi/dorelien_PA5021_Fall2016.pdf**(Fall 2016)**

http://classinfo.umn.edu/syllabi/dorelien_PA5021_Fall2015.docx**(Fall 2015)** - Instructor Supplied Information Last Updated:
- 30 October 2018

## Spring 2020 | PA 5021 Section 002: Microeconomics for Policy Analysis (57591)

- Instructor(s)
- Class Component:
- Laboratory
- Times and Locations:
- Regular Academic Session01/21/2020 - 05/04/2020Thu 01:25PM - 02:15PMUMTC, West BankHubert H Humphrey Center 184
- Auto Enrolls With:
- Section 001
- Enrollment Status:
- Open (0 of 30 seats filled)

- Course Catalog Description:
- Introduction to tools useful for public policy. Intermediate microeconomics.
- Class Notes:
- http://classinfo.umn.edu/?dorelien+PA5021+Spring2020
- Class Description:
This course will teach you to apply

**microeconomic reasoning to public issues, policies and programs.**It begins with an analysis of**economic incentives and their impacts on the behavior of individual consumers and firms,**and shows how these decisions affect market outcomes. It then moves to an analysis of the consequences of market failure, and potential policy instruments to offset the impacts of market failure.To be able to understand and apply economic analyses it is important that you learn to think about economic issues on three levels: conceptual, graphical, and mathematical. Lectures, problem sets and exams will encourage you to think about problems on all of these dimensions. Students frequently find one or more of these approaches easier than they do the others. We encourage you to challenge yourself to integrate all three.

Students will also be encouraged to think about how economic analysis applies to policy issues. To facilitate this process, we will have a series of in-class presentations in which students apply concepts in class to current policy issues. These presentations will offer you a chance to hone your communication skills and to explain economic concepts in a way that would be relevant and accessible to a policy audience.

This course will be taught at the level of an intermediate microeconomics course. This is not an introductory economics course. If you have never taken economics before you will need to make sure that you complete the Foundation for Success videos. I will also provide extra materials and videos to help students catch up.

Class will meet on Tuesday and Thursday afternoons (11:15AM - 12:30PM) and the discussion session will take place Thursday afternoons (1:25PM - 2:15PM).

Textbook: Goolsbee, Levitt, and Syverson. Microeconomics (First Edition). Worth Publishers

**Use of Calculus:**In all three sections of PA 5021 we teach students how to calculate derivatives, but will not have more calculus required beyond this. In other words, all three sections of PA 5021 are taught at the same level.

- Grading:
__Class Participation__You will be graded on your participation in lecture and discussion. Participation includes attendance at lectures and discussion sections, active participation (by asking and responding to questions), and respect shown to peers and instructors. You are not guaranteed to receive all 10 percentage points.**(5%)**You will receive problem sets regularly throughout the semester (8 total). They will be posted on Moodle on Tuesdays and due by the following Monday in class. Please type your problem sets and turn in a printed copy at the beginning of lecture. Problem sets are graded by TA with check, check minus, or check plus. The lowest problem set grade will be dropped. The problem sets are important to your learning and will be the best way to learn and understand the material and prepare for the exams.**Homework problem sets (10%)**Students will work in groups that will be determined at the beginning of the semester. Each group will prepare a presentation for an in-class discussion on a policy or decision-making issue. Presentations will be based on your use of relevant economics tools and your informed opinions. In addition, each member of the group will write an individual memo - no longer than five pages double spaced-that summarizes his or her position on the issue. The memo will be due by noon the day of in-class discussion.**Short memo and presentation (15%)**The in-class exams will cover material presented in lecture and discussion, problem sets and in the policy discussions. Exams will test concepts developed in class, as well as your ability to analyze and solve problems similar to those in your problem sets. I will give you sample test questions with answers to help you prepare for each exam.__Midterm Exams (Two at 20% each, total midterms are 40% of final grade)__The final exam will be the same format as the in-class exams and problem sets. It will be cumulative, although more heavily weighted towards the material in the final part of the course. The final exam is scheduled according to the University's Calendar on December 19 from 6:30 to 8:30 pm.__Final Exam (30%)__

HTML is allowed.- Class Format:
Lectures will occur once a week on Mondays from 6:00 to 8:45 pm. Lectures will cover material similar to the textbook and will go into more detail in certain areas and cover topics the textbook misses. There will be plenty of opportunities for questions and some in-class problems and exercises. During half of the lecture sessions there will be short memo presentations. The class lectures are reinforced with homework problem sets and policy memos. Printed slide handouts will be provided to you at each class and posted on the Moodle site for note-taking.

Discussion sections will occur once a week on Wednesdays from 6:00-7:15. Discussion sections will focus on reviewing concepts that the class finds difficult and going over practice problems. Please let your TA know if there are specific concepts you would like covered.

There will be no discussion session the Wednesday before Thanksgiving.- Workload:
- You should be prepared to spend about
**6-9 hours per week**outside of the class time on this course. The class lectures are reinforced with problem sets and policy memos. - Textbooks:
- https://bookstores.umn.edu/course-lookup/57591/1203
- Past Syllabi:
- http://classinfo.umn.edu/syllabi/dorelien_PA5021_Spring2019.pdf
**(Spring 2019)**

http://classinfo.umn.edu/syllabi/dorelien_PA5021_Fall2016.pdf**(Fall 2016)**

http://classinfo.umn.edu/syllabi/dorelien_PA5021_Fall2015.docx**(Fall 2015)** - Instructor Supplied Information Last Updated:
- 30 October 2018

## ClassInfo Links - Spring 2020 5000 Level Public Affairs Classes Taught by Audrey Dorelien

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