Course # 32400 Section Number 2 Day(s) Tu- Th Time(s) 11:00am-12:20pm Term Winter 2027 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. Course Prerequisite Must be a Harris masters student to enroll. Course Sections Quarter Course # Title Instructor Day(s) Time(s) Syllabus Winter 2027 PPHA 32400/1 Principles of Microeconomics for Public Policy II Konstantin Sonin Tuesday, Thursday 9:30am-10:50am Syllabus Winter 2027 PPHA 32400/2 Principles of Microeconomics for Public Policy II Konstantin Sonin Tuesday, Thursday 11:00am-12:20pm Syllabus Winter 2027 PPHA 32400/3 Principles of Microeconomics for Public Policy II Hyuk-soo Kwon Tuesday, Thursday 11:00am-12:20pm Syllabus Winter 2027 PPHA 32400/4 Principles of Microeconomics for Public Policy II Navin Kumar Tuesday, Thursday 2:00pm-3:20pm Syllabus Winter 2027 PPHA 32400/5 Principles of Microeconomics for Public Policy II Hyuk-soo Kwon Tuesday, Thursday 2:00pm-3:20pm Syllabus Winter 2027 PPHA 32400/6 Principles of Microeconomics for Public Policy II Hyuk-soo Kwon Tuesday, Thursday 3:30pm-4:50pm Syllabus Recent News More news Chicago Public Media and University of Chicago Harris School of Public Policy Launch Chicago in Conversation Wed., September 23, 2026 A Watershed Moment: Isabella Levinthal’s Path to Environmental Policy Thu., September 17, 2026 Harris Researcher’s New Book Examines Why Calling 911 Can Do More Harm Than Good Tue., September 15, 2026 Upcoming Events More events Get to Know Harris! Accelerated MA Thu., September 24, 2026 | 9:00 AM Harris Coffee Chat at Notre Dame Thu., September 24, 2026 | 10:00 AM Harris Social Impact Fellowship: Drop-in Office Hours with the Program Team Fri., September 25, 2026 | 12:00 PM