AECO 21A10 - Microeconomics : Information, Design and Institutions

This course studies the design of institutions that optimally cope with fundamental, longstanding economic

questions (allocation of private goods, public good provision, trade). We start from a simple, institution-free

description of each question, try to understand the basic tensions at work, and derive institutions that optimally

address these tensions. In the process, we introduce the important ideas of social choice, game theory, and

market design.