Price Theory

The purpose of this course is to present intermediate level microeconomic theory. Primarily we will focus on consumer demand theory and economics of production. Both graphical and mathematical approaches will be presented. This course provides the background necessary for more advanced courses in the department.

HonsThes-Sust/Today's Econ

Transitioning our energy system to one that is supplied primarily by clean and renewable energy sources is arguably one of the most important challenges of the 21st century. Modern society depends on reliable and affordable energy supply and energy markets affect all economic sectors including corporations and households. The success of the energy transition will depend on the development and deployment of new technology, as well as market mechanisms and policies to support this transition.

Industrial Organization

Market structure models with application to various industries. Firm behavioral strategies under different market structures. The role of product differentiation, advertising, market power, mergers, barriers to entry, price and non-price rivalry. Market performance including welfare, costs, and profits. BS Managerial Economics majors can satisfy their Integrative Experience requirement by taking this course plus Res-Econ 394LI and 453.

Decision Analysis

"No matter what type of job you get when you leave the ResEc family, you will need to be able to make good decisions using numbers. Some of you will get jobs performing analysis, while some of you will need to judge the credibility of the analysis done by others. The goal of this class is to introduce you to decision analysis. Decision Analysis covers how to best make decisions in an uncertain world. Topic include belief formation and updating, logical decision making and avoiding common decision errors, and appropriate information gathering.

Price Theory, Honors

The purpose of this course is to present intermediate level microeconomic theory using calculus. In addition to the core topics in consumer theory, theory of the firm, and market structure, we will cover more advanced topics including Game Theory, Uncertainty, Asymmetric Information and Moral Hazard. We will use both geometric and mathematical approaches to economic analysis.

Managerial Economics

Application of economic theory and quantitative analysis to the managerial decision-making process. Topics include: cost and production economics, demand analysis, business forecasting, investment project evaluation, and pricing and promotional strategies.

Pub Pol In Prvt Mkts

Rationale and structure of public policies that affect the operation of private markets in the U.S., with special emphasis on consumer goods industries. Focus on antitrust and competition policies (e.g., those covering collusive restraints of trade, monopolization, and mergers) and on policies that affect product quality and information (e.g., product standards, regulation of advertising and labeling). BS Managerial Economics majors can satisfy their Integrative Experience requirement by taking this course plus Res-Econ 394LI and 452.

Intro Stats/Soc Sci

Designed for students in the social science and business related fields of study. Introduction to basic statistical methods used to collect, summarize, and analyze numerical data. Emphasis on application to decision making; examples from the social sciences and business. Topics include: common statistical notation, elementary probability theory, sampling, descriptive statistics, statistical estimation and hypothesis testing. Basic algebra and familiarity with computer and internet necessary. (Gen.Ed.
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