PPA 220A - F/00

APPLIED ECONOMIC ANALYSIS I

Professor Lund

COURSE SYLLABUS

 

PURPOSES OF THE COURSE: It is assumed that all members of the class are potential future producers (and, perhaps consumers) of policy analysis. The general purpose of the course, then, is to enable you to develop economic analytic skills to be used in the creation and use of policy analysis studies and recommendations. Specifically, the course will:

(1) Enable you to learn fundamental economic terms, concepts, and analytical techniques and apply them to policy analysis.

(2) Help you acquire the capacity for and habit of thinking in a structured, critical, and analytic way that examines and weighs the incremental beneficial and costly effects of choices, the "economic" way of thinking.

REQURED EFFORT: "Dum nihil pateris, dum nihil proficis." No pain, no gain. For the course purposes to be accomplished, sufficient effort from both the student and the instructor must be forthcoming. On the part of the student it is expected that every class session will be attended (attentively), that a minimum of two to three hours of study outside of class will be engaged in for every in-class hour, and that full and responsible participation in group projects will occur.
EVALUATION: The course grade is based on the following elements:
  • Two, one-hour exams 22.5 points, each
  • Two group projects 22.5 points, each
  • Class attendance and participation 10 points
  • Total 100 points
TEXTS: The basic text for the course is Policy Analysis: Concepts and Practice by David Weimer and Aidan Vining. (W/V)

A supplemental microeconomics review text is used: Barron's EZ-101 Study Keys: Microeconomics, by J. Bruce Lindeman. (LN)

CLASS MEMBER EVALUATION: Class member evaluation will be used for the group projects assigned in the course. Details of the evaluation process will be provided in a separate handout.
COMMUNICATION: Students are invited to discuss the course or any other matters of concern during office hours held in Business 3020 at the following times: : MW 10-10:30 AM, M 5:30-6 PM; T 5-5:30 PM.

Phone: For 3020, 278-7078 and for the Economics Office, 278-6223.

E-mail: pblund@csus.edu.

Web site: www.csus.edu/indiv/l/lundp

 

TOPICS AND READING ASSIGNMENTS

DATE

TOPIC(S)

ASSIGNMENT

     

Aug. 28

Course Introduction; Policy Analysis Basics; Basic micro-economic concepts. W/V 1,2,3

LN 1,2,3

Sept. 4

Demand / Supply Analysis LN 4

11

Elasticity; Consumer Behavior; Production and Cost Analysis LN 5,6,7

18

Firm Behavior: Perfect Competition LN 8

25

EXAM

Imperfect Competition; Market Failure and the Government

LN 9,11

W/V 4,5

Oct. 2

Market Failure and the Government LN11

W/V 5

9

Market Failure and the Government; Government Failure W/V 6,7,8

16

Correcting market Failure W/V 9

23

EXAM

Issues in Policy Analysis

 

W/V 3,10

30

Benefit-Cost Analysis W/V 12

Nov. 6

Benefit-Cost Analysis W/V 12,14

13

No Class - Preparation of Group Benefit-Cost Critiques
(Instructor in office for consultations.)
 

20

Presentation of Benefit-Cost Critiques  

27

No Class - Preparation of Group Benefit-Cost Projects
(Instructor in office for consultations.)
 

Dec. 4

No Class - Preparation of Group Benefit-Cost Projects
(Instructor in office for consultations.)
 

11

Presentation of Benefit-Cost Projects  

COPYRIGHT BY PETER B. LUND
(June, 2000)