Auction theory and its applications. Gain insight into how different auction rules influence bidding behavior and impact seller revenue. The course covers private and common value auctions. Topics include the revenue equivalence theorem and the winner's curse.

Prerequisites: Econ 100B or 104B, and 140A.

4

Units

Letter

Grading

1, 2, 3

Passtime

None

Level Limit

Letters and science

College
These majors only econ ecmth busec ecacc
GARRATT R J
Rod Garratt
4.3
60 reviews
AI predicted, based on past grading trends of the course and instructor, class info, and 127 other factors
Spring 2026 . Garratt R J Xu L Yang G Z
HFH 1104
M W
12:30 PM - 13:45 PM
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ECON 177 Garratt R J Summer 2020 Total: 36
ECON 177 Garratt R J Summer 2017 Total: 36
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60
4.3
135 . Garratt R J 6 Months Ago

Honestly really liked this guy until he decided to dock our entire class's attendance grade due to an iClicker issue (it his fault as well). His lectures are quite pointless, but if you like to hear a good yap then take the class. Overall, I'd say he'd be a much better professor if he didn't get so off track and wasn't incredibly disorganized.

1 helpful 1 unhelpful
135 . Garratt R J 6 Months Ago

Honestly one of the best ECON Professor at UCSB! Classes are very interesting and he is very-well respected. Lectures are not mandatory yet more than half of people show up just to learn from him! Very knowledgable person in monetary economics and the crypto world. Highly recommended!

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ECON135 . Garratt R J 6 Months Ago

Phenomenal professor. Very knowledgable and qualified to teach about monetary economics. Lectures are engaging, and slides are clearly written out and easy to follow. Very reasonable exams, with a lot of questions taken from the practice posted on Canvas. Best professor I've taken in the department.

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ECON135 . Garratt R J 10 Months Ago

Easily one of the best professors in the Econ department. I took 135 with him this spring and learned so much about monetary policy, inflation, Fed, crypto, etc. from him. He makes lecture so interesting and I looked forward to every class, he talked about his time at the Fed too. Really friendly as well. Could not recommend more

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ECON171 . Garratt R J 1 Year, 9 Days Ago

Great Professor. Great Class.

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ECON171 . Garratt R J 1 Year, 4 Months Ago

Class in itself is not terribly difficult, but attending the lectures is crucial. Posted slides are vague, confusing, and hard to decipher. Attendance is not made mandatory but if you take this class PLS go to lecture

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