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Nov 23, 2024
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ECON 623 - Market Design Units: 4 Market-based solutions to business and policy problems, such as auctions and matching.
Prerequisites: Post-baccalaureate standing. Possible Instructional Methods: On-ground. Grading: A-F grading only. Student Learning Outcomes - Upon successful completion of this course students will be able to: - Understand the design of organized markets, focusing on efficient organization and the incentives created by market rules.
- Understand e-commerce and online auction markets.
- Understand government auctions of natural resources, procurement auctions.
- Understand matching markets (students to classes or schools, medical residents to hospitals, kidneys to recipients).
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