Course # 32400 Section Number 3 Day(s) Tu- Th Time(s) 2:00pm-3:20pm Term Winter 2026 Course Instructor Hyuk-soo Kwon 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. Course Prerequisite Must be a Harris masters student to enroll. Quarter Title Instructor Day(s) Time(s) Syllabus Winter 2025 Principles of Microeconomics for Public Policy II Hyuk-soo Kwon Monday, Wednesday 3:00pm-4:20pm Syllabus Recent News More news Q&A: Assistant Professor Erin Kelley on Her Work in Program Evaluation, International Development, and With the World Bank Wed., July 09, 2025 University of Chicago’s Harris School of Public Policy and Institute for Climate and Sustainable Growth Launch New Pathbreaking Master’s Program in Climate and Energy Policy Tue., July 08, 2025 Provost Katherine Baicker Appointed Emmett Dedmon Distinguished Service Professor Thu., July 03, 2025 Upcoming Events More events Civic Leadership Academy 2026 Virtual Information Session Wed., July 16, 2025 | 12:00 PM Bridging Capital and Communities: Integrating Impact Investing, Real Estate Development, and Public Policy Thu., July 17, 2025 | 7:00 PM Harris Summer Mixer in Beijing Fri., July 18, 2025 | 6:00 PM Maison Flo 18 Xiaoyun Rd Chaoyang Qu Beijing Shi, 100027 China