MATERIALS FOR VIDEO CASE
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Abstract: This 6-part video series aims to illustrate real-life policy applications of key microeconomic concepts. Policy students who study microeconomics as part of a required curriculum might sometimes struggle to see the relevance of economic theory and concepts at first. In these videos, Harvard Kennedy School faculty describe either specific research projects or experiences as practitioners that highlight how foundational concepts and models in microeconomics, such as elasticity of demand, pricing mechanisms, costs of production, and labor-leisure decisions, play out in public policy and economic decision making. The six videos, ranging in length from 4 to 7 min., are designed to deepen students’ understanding of these concepts and underline their relevance to public policy.
Learning objective: These videos are intended for classroom use, as a way to cap a more theoretical discussion about the concepts they illustrate. They provide a way for students to examine the policy relevance of microeconomic concepts and tools, and develop skills to discern and analyze those concepts as applied in policy situations.
