Rebecca Stein




Dr. Stein is Director of the Microeconomic Principles Program in the Economics Department. She has taught here at Penn since 1998 and has received several awards for her distinguished teaching including the Provost’s Award for Teaching Excellence by Non-Standing Faculty. Her research is in Health Economics and she is a senior Senior Fellow, Leonard Davis Institute.

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Oct 24th 2016

Perfect markets achieve efficiency: maximizing total surplus generated. But real markets are imperfect. In this course we will explore a set of market imperfections to understand why they fail and to explore possible remedies including as antitrust policy, regulation, government intervention.

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Oct 17th 2016

We make economics decisions every day: what to buy, whether to work or play, what to study. We respond to markets all the time: prices influence our decisions, markets signal where to put effort, they direct firms to produce certain goods over others. Economics is all around us. This course is an introduction to the microeconomic theory of markets: why we have them, how they work, what they accomplish.

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