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 Student Profile: Ziruo Li, MPP Class of 2026 Wed., February 11, 2026 What Alex Honnold’s Climb Reveals About How Government Values Life Tue., February 10, 2026 Katie Hill and Jens Ludwig: Why are we seeing a drop in violence in Chicago? Tue., February 10, 2026 Upcoming Events More events Get to Know Harris! A Virtual Information Session Thu., February 12, 2026 | 8:30 AM Masterclass with Tom Coleman: Blockchain, Crypto, and Micro Strategy Thu., February 12, 2026 | 9:00 AM Harris Campus Visit Thu., February 12, 2026 | 9:30 AM 1307 E 60th St Chicago, IL 60637 United States