Spring 2027

Markets and Models

Investigates how markets allocate scarce resources through prices, rationing, search, matching, auctions, and contests, using real-world examples and formal theoretical models.

offering recorded3–4 credits
Recorded instructors · Spring 2027 Dan Quint

Summary

1 / 6

Past student reviews · Daniel Quint

The course placed a heavy emphasis on mathematical content, which could be challenging for students who are not strong in math.

What you’ll be able to do

  • Explain general principles of why some markets work well (and others do not), and demonstrate why the precise details matter

  • Discuss details of how particular real-world markets operate

  • Construct theoretical economic models to match key features of real-world markets, and apply mathematical tools to analyze these models

  • Understand and explain advanced theoretical results and their proofs; modify and apply these techniques to prove closely-related results

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
C
D
F

All recorded terms · compare terms & instructors

Prerequisites

Course map

(ECON 301 or 311) and (MATH 217 or 221), or graduate/professional standing

ECON 621

This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027

No course-specific feedback yet.

Historical instructors & teaching patterns

DANIEL QUINT is recorded teaching in Spring 2024, Spring 2026. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
LEC 001Classroom Instruction0 / 450

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records

Student experience

the class

Past student reviews · Daniel Quint

Students found that Dan Quint made abstract models and theories engaging to learn, even for those less comfortable with mathematics.

Recent recorded grades — Spring 2024: 3.57 GPA, 72.7% A/AB (n=22 letter grades); Spring 2026: 3.45 GPA, 59.5% A/AB (n=42 letter grades).

difficulty & workload

Past student reviews · Daniel Quint

The course placed a heavy emphasis on mathematical content, which could be challenging for students who are not strong in math.

Past student reviews · Daniel Quint

One student noted that while the math was demanding, the instructor’s approach made the material interesting and accessible.

Topics

  • Market allocation mechanisms including prices, rationing, search, matching, auctions, and contests
  • Real-world examples of different market types
  • Formal theoretical modeling of market structures

Skills

  • Constructing theoretical economic models and applying mathematical tools to analyze them
  • Explaining general principles of market efficiency and the importance of precise details
  • Discussing operational details of specific real-world markets

Grades

Latest available · Spring 2026— not enough history to project Spring 2027.

average GPA
A / AB grades
letter grades
Instructor

Grade distribution · % of letter grades

A
AB
B
BC
C
D
F

Grades over time

Through Spring 2026

More grade details Grade mix, volume & source data

Where this course fits relative to

Latest available grades · Spring 2026 · all course levels

GPA

Higher than % of other courses in this group.

Course GPAs · red marks this course’s range

letter grades

More recorded grades than % of other courses in this group.

Typical course in this group: letter grades.

About this comparison

1280 courses over the same term, each with at least 30 recorded letter grades. Cross-listed courses count once. GPA is not a measure of difficulty or teaching quality. The typical course is the median by recorded grade count; tied values are not counted as lower. Grade counts describe course scale, not unique students or typical section size.

Descriptions compare GPA with this group’s average: at least 0.20 higher or lower; otherwise close to average. Section size uses median recorded enrollment: small up to 30, mid-sized 31–99, large 100+. Lectures and discussion/lab sections are described separately.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

Selected offering source records
ECON 621 · Spring 2027

Markets and Models

Recorded 2026-10-14
Raw records
[
  {
    "run_id": "20261014T203208-0851c9a1",
    "semester": "1274",
    "observed_at": "2026-10-14 17:50:09.728220+00:00",
    "offering_id": "1274:296:025712",
    "course_id": "ECON 621",
    "course_uid": "course_071c8f834bcb9f9790bfcb0d",
    "term_id": "1274",
    "source_course_id": "025712",
    "source_subject_id": "296",
    "title": "Markets and Models",
    "credits_min": 3,
    "credits_max": 4,
    "typically_offered": "Not Applicable"
  }
]
Rate My Professors

Student reviews

Original comments behind the course and instructor summaries.

Read original reviews
Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Model & dataset provenance
{
  "model": "Qwen/Qwen3.8-27B",
  "model_revision": "1d4bf0f2ff6012fd82039f2fa52739d0dd7c60c0",
  "task_version": "17",
  "output_id": "df3e46d9aa2d7b17331ed2add416aedf6033a04683f102a6df056925a2ad8a43",
  "requirements_status": "needs_review",
  "dataset_revision": "fc1811fa52e581ea57a35c0cf3343f8740a8ffbf",
  "observed_at": "2026-10-14 17:50:09.728220+00:00"
}