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This is the second semester of a rigorous two-semester sequence in advanced microeconomic analysis for MPA/ID students. Topics covered include game theory, economics of information, incentives, and contracts. Theory is illustrated by relevant applications to international development and other areas.

Prerequisites: Multivariate calculus; intermediate microeconomics. This course is open to non-MPA/ID students only by permission of instructor. API-110 and API-112 cannot both be taken for credit. Students may receive credit for both API-110 and API-102 or API-303 only if API-102 or API-303 is taken first.