This course takes to heart the basic principle that people respond to incentives and explores the implications of this observation using tools from microeconomic theory often paired with insights from behavioral economics. The subject matter lies at the intersection of economics and philosophy and we will examine basic elements of ethical theory to add another layer of analysis. We will consider the welfare and policy implications of price gouging, sweatshops, fair-trade, minimum wage, pollution, corruption, whistle-blowing, self-deception and other topics through lecture and class discussion based on assigned readings.
Course Requirements:
Students will complete a research project culminating in a paper and poster presentation.
Intended Audience:
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Class Format:
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