Course Detail

Market Design (33915)

Course Description by Faculty

  • Budish, Eric Leshno, Jacob
  • Content
    This topics course explores the theory and practice of matching and auction market design, drawing on examples from entry-level labor markets, school choice procedures, kidney exchanges, course allocation procedures, Internet advertising, spectrum auctions, cryptocurrencies, and financial exchanges.


    It is expected that all students in the class will have basic familiarity with graduate-level microeconomics and game theory and comfort with mathematical proofs. While the course is primarily intended for Ph.D. students, in the past both undergraduates and MBA students have taken the class, participated actively, and written outstanding final papers. If you are unsure of whether you have the requisite background for the class, I encourage you to do the readings for Week 1 and also to contact me in advance of the first class.

  • Prerequisites
    ECON 40501 and ECON 40801 recommended. Basic grad-level micro, game theory, and comfort with mathematical proofs expected. MBA students need permission:strict . BUSN 33915=ECON 40603
  • Syllabus
  • Spring 2023Section: 33915-50Meeting Day/Time: TBDLocation: TBDIn-Person Only
Description and/or course criteria last updated: June 8 2022