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UNIVERSITY OF HAWAII AT MANOA - page 2 / 5

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Grading:

Midterm Exam: 20% Final Exam: 30% Research Paper: 30% Presentations/Participation: 20%

Note: Students selecting the credit/no credit option are required to complete a research paper and participate in all class activities, including presentations.

Key Dates:

Sept 24: research paper proposals due Oct 13: Midterm exam Nov 24: Research papers due Dec 15: Final exam

Tentative Agenda and Course Schedule:

  • 1.

    General equilibrium and welfare economics Dates: Aug 25, 27; Sept 1 Readings: Myles chap 2, pp 18-50; Debreu/Scarf (1963)

  • 2.

    Externalities Dates: Sept 3, 8, 10 Readings: Myles chap 10 pp 312-326 and 334-341; Coase (1960), Hardin (1968), Johannson/Roumasset (2001), Samuelson (1995), Starrett (1972)

  • 3.

    Public Goods Dates: Sept 15, 17, 22 Readings: Myles chap 9 pp 263-311; Atkinson/Stern (1974), Bergstrom et al (1986), Buchanan (1965), Foley (1970), Groves/Ledyard (1977), Lindahl (1919), Samuelson

    • (1954)

      and (1955), Tiebout (1956)

  • 4.

    Excess Burden and Optimal Taxation Dates: Sept 24, 29; Oct 1, 6 Readings: Myles chap 4 Corlett/Hague (1953), Diamond/Mirrlees (I,II, 1971), Dixit (1970), Harberger (1954), Ramsey (1927), Sandmo (1975)

  • 5.

    Review and Midterm Exam Dates: Oct 8-Review; Oct 13-Midterm

  • 6.

    Asymmetric Information Dates: Oct 15, 20, 22 Readings: Arnott/Stiglitz (1986) and (1988), Dixit/Stiglitz (1977),

Greenwald/Stiglitz (1986)

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