WClasses

ECON 393 - Market Failures

This course explores the many ways in which the assumptions of the perfectly competitive model are violated in the real world, and the consequences of these market failures for consumers and firms. The course examines potential government intervention to "fix" the failures as well as the limits of government intervention. Topics include monopoly/monopsony, externalities, the tragedy of the commons, public goods, asymmetric information, and incomplete information.

Prerequisites

ECON391

Corequisites

None

Antirequisites

None

Offerings

Spring 2026 [1265]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 00123200 / 60

Winter 2026 [1261]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001346846 / 8913:00 - 14:20 T,Th

Fall 2025 [1259]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001365675 / 8410:00 - 11:20 T,Th

Spring 2025 [1255]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001238128 / 4516:00 - 17:20 T,Th

Winter 2025 [1251]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001356365 / 7013:00 - 14:20 M,W

Spring 2024 [1245]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001241637 / 6013:00 - 14:20 T,Th

Winter 2024 [1241]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001359950 / 8008:30 - 09:50 T,Th

Fall 2023 [1239]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001368954 / 9011:30 - 12:50 M,W

Spring 2023 [1235]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001242931 / 7013:00 - 14:20 T,Th

Winter 2023 [1231]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001364235 / 6510:00 - 11:20 M,WAL 124Ryan George

Fall 2022 [1229]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001405288 / 8010:00 - 11:20 T,ThRCH 211Stephanie Lluis

Spring 2022 [1225]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001247449 / 9010:00 - 11:20 T,ThAL 208Stephanie Lluis

Winter 2022 [1221]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001371365 / 80 Ryan George

Fall 2021 [1219]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 0013986117 / 120 Ryan George

Spring 2021 [1215]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 041236580 / 80 Ryan George

Winter 2021 [1211]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 041377979 / 70 Ryan George

Fall 2020 [1209]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 041404168 / 65 Ryan George

Spring 2020 [1205]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001249278 / 70 John Burbidge

Winter 2020 [1201]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001386139 / 12008:30 - 09:50 M,WPAS 2083Ryan George

Fall 2019 [1199]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001415157 / 12008:30 - 09:20 M,W,FPAS 2083Ryan George

Spring 2019 [1195]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001251160 / 9011:30 - 12:50 T,ThPHY 145John Burbidge

Winter 2019 [1191]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001393862 / 12008:30 - 09:50 T,ThDWE 1501John Burbidge

Fall 2018 [1189]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001842154 / 12009:30 - 10:20 M,W,FPAS 2083Ryan George

Spring 2018 [1185]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001250458 / 9010:00 - 11:20 T,ThDWE 3522John Burbidge

Winter 2018 [1181]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001818744 / 12008:30 - 09:50 T,ThMC 4059John Burbidge

Fall 2017 [1179]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 00185410 / 25

Spring 2017 [1175]

SectionClassEnrolledTimeDaysLocationInstructor
LEC 001491020 / 4008:30 - 09:50 T,ThRCH 206John Burbidge

UW Flow Ratings

Liked: 42.86%

42.86%

Easy: 37.50%

37.50%

Useful: 43.75 %

43.75%

ECON 393 leads to

ECON 436 - International Trade

ECON 441 - Public Economics

ECON 442 - Economics of Taxation

ECON 443 - Political Economy

ECON 456 - Topics in Health Economics

ECON 474 - Numerical Methods for Economists

ECON 491 - Advanced Microeconomics

ECON 406 - Money and Banking 2

ECON 407 - Economic Growth and Development 2

ECON 408 - Business Cycles

ECON 409 - Workers, Jobs, and Wages

ECON 496 - Advanced Macroeconomics