Application of industrial organization and strategic behavior to industry, consumer and policy issues. Empirical analysis of market power, including market structure and performance, price discrimination, product differentiation, vertical control, cartel formation and sustainability, mergers, strategic behavior and firm organizations. Applied topics include branding, advertising, antitrust policy, consumer behavior and environmental applications.

The first course in the graduate environmental and natural resource economics sequence. The course covers dynamic optimization with environmental and natural resource applications, the basics of the theory of environmental regulation, and a survey of methods and results from current empirical research in environmental and natural resource economics. Prerequisites include graduate training in microeconomics and econometrics.

This is a continuation of Applied Microeconomic Theory I (Res Econ 711). We will cover the following topics: general equilibrium analysis, social choice and welfare economics, introduction to noncooperative game theory and information economics.

Theory and applications of basic econometric methods. The focus is on linear models with multiple independent variables: Least Squares Regressions, including problems caused by violations of model assumptions and possible solutions; hypothesis testing; linear panel data models; treatment effect analysis; introduction to estimating systems of equations. At the end of the class, students will be able to conduct their own empirical research in a wide variety of applications and will be prepared for Res-Econ 703.

Not available at this time

Independent study and research on selected problems in resource economics.

Independent study and research on selected problems in resource economics.

Independent study and research on selected problems in resource economics.

The Commonwealth Honors College thesis or project is intended to provide students with the opportunity to work closely with faculty members to define and carry out in-depth research or creative endeavors. It provides excellent preparation for students who intend to continue their education through graduate study or begin their professional careers. The student works closely with their 499Y Honors Research sponsor to pursue research on a topic or question of special interest to them in preparation for writing a 499T Honors Thesis or completing a 499P Honors Project.

Honors Thesis expectations are high. The intended end-product is a traditional research manuscript with accompanying artifact(s), all theses: - are 6 credits or more of sustained research on a single topic, typically conducted over two semesters. - begin with creative inquiry and systematic research. - include documentation of substantive scholarly endeavor. - culminate in an oral defense or other form of public presentation.