Course # 32400 Section Number 1 Day(s) Tu- Th Time(s) 9:30am-10:50am Term Winter 2026 Course Instructor Konstantin Sonin Syllabus Syllabus 12/17/24 Must be a Harris masters student to enroll. No exceptions for non-Harris students, even by consent. A continuation of PPHA 32300, this course introduces the role of government in the economic system, explores market failures that undermine the useful characteristics of the competitive market, and considers the role of government in these failures. Issues of equity and efficiency and the governments role in influencing the distribution of income are explored. Important economic concepts in policy analysis such as time discounting, opportunities costs, and decision-making under uncertainty are also featured. Differential calculus is used extensively throughout this course. Notes Students must register separately for both a lecture (PPHA 32400) and a discussion (PPHA 32402). Attendance at discussions is optional but encouraged for this course (unless there is a scheduled assessment, in which case attendance is mandatory). Course Prerequisite Must be a Harris masters student to enroll. Course Sections Quarter Course # Title Instructor Day(s) Time(s) Syllabus Winter 2026 PPHA 32400/1 Principles of Microeconomics for Public Policy II Konstantin Sonin Tuesday, Thursday 9:30am-10:50am Syllabus Winter 2026 PPHA 32400/2 Principles of Microeconomics for Public Policy II Konstantin Sonin Tuesday, Thursday 11:00am-12:20pm Syllabus Winter 2026 PPHA 32400/3 Principles of Microeconomics for Public Policy II Hyuk-soo Kwon Tuesday, Thursday 2:00pm-3:20pm Syllabus Winter 2026 PPHA 32400/4 Principles of Microeconomics for Public Policy II Konstantin Sonin Tuesday, Thursday 2:00pm-3:20pm Syllabus Winter 2026 PPHA 32400/5 Principles of Microeconomics for Public Policy II Navin Kumar Tuesday, Thursday 3:30pm-4:50pm Syllabus Winter 2026 PPHA 32400/6 Principles of Microeconomics for Public Policy II Hyuk-soo Kwon Tuesday, Thursday 3:30pm-4:50pm Syllabus Recent News More news Students Embark on Climate and Energy Career Trek in Downtown Chicago Thu., October 16, 2025 Q&A: Justin Marlowe on Chicago’s Looming Transit Funding Cliff Mon., October 06, 2025 Professor Anthony Fowler Delivers 2025 Aims of Public Policy Address Thu., October 02, 2025 Upcoming Events More events California Forum for Diversity in Graduate Education: Graduate School Fair Sat., October 18, 2025 | 12:00 PM University of California, Merced 5200 Lake Rd Merced, CA 95343 United States Fall Open House Mon., October 20, 2025 | 9:30 AM Harris School of Public Policy (The Keller Center) 1307 E 60th St Chicago, IL 60637 United States Get to Know Harris! MSCAPP Faculty and Current Students Tue., October 21, 2025 | 9:00 AM