Course # 32400 Section Number 2 Day(s) Tu- Th Time(s) 11:00am-12:20pm Term Winter 2026 Course Instructor Konstantin Sonin Syllabus Syllabus 1/13/26 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 Why Stocks and Bonds Are Moving Together Again Mon., May 04, 2026 New Report Examines How 911 and 988 Can Better Coordinate to Deliver Crisis Care Thu., April 30, 2026 Three Views on "Two Paths to Prosperity" Wed., April 29, 2026 Upcoming Events More events Evening Master's Program Class Visit Thu., May 07, 2026 | 5:30 PM Keller Center 1307 E. 60th St Room 0001 Chicago, IL 60637 United States Harris Credential Programs Roundtable with Lingyang Zhang (in Chinese) Tue., May 12, 2026 | 7:00 AM Get to Know Harris! A Virtual Information Session Thu., May 14, 2026 | 8:30 AM