This course introduces advanced econometric theory and tools for estimating and testing models, evaluating policy changes quantitatively, and more generally studying the relation between economic variables. The goal is to learn enough theory and get enough practice to be able to conduct sensible economic analysis. The course covers most contemporary methods on nonlinear estimation, including the Maximum Likelihood Estimator, Nonlinear Least Squares, and General Method of Moments.

This course will focus on probability theory and statistical inference, the foundations of econometric analysis. Probability theory is the building block that will allow you to understand estimation and statistical inference. The first part focuses on univariate distributions and multivariate distributions, with care taken to differentiate discrete and continuous random variables. The second part covers estimation and inference.

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 prices, costs, profits, labor issues, and progressiveness. BS-ResEc majors can satisfy their Integrative Experience requirement by taking this course plus Res-Econ 394LI and 453.

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 geometric and mathematical approaches will be presented. This course provides the background necessary for more advanced courses in the department.

Economic analysis of natural resource use and conservation. Includes analyses of the use of fuel, forest, marine and biodiversity resources. Focuses on evaluating natural resource use in terms of efficiency and sustainability, and designing regulations for correcting inefficient and unsustainable resource markets. (Gen.Ed. SB)

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. R2)

Microeconomic theory for majors and non-majors. Concepts of supply, demand, markets, natural resource management, economic policy. Applications to business and government decision-making emphasized. (Gen.Ed. SB)

Students will reflect on and integrate their learning and experience through the following activities: 1) Update a personal Reflective Portfolio and complete a series of activities in which they inventory and map courses taken, work experience, and extracurricular activities and identify skills they have attained through this experience; develop an updated resume, a networking website profile, and presentations of themselves as Resource Economists; and explore careers in Resource Economics and identify the skills needed to succeed in those career paths, and 2) Participate in weekly team activi

Topics may include: the design of environmental and natural resource policies, particularly incentive-based policies; the analysis and control of environmental risks; cost-benefit analyses of specific environmental policies; critiques of cost-benefit analysis, international environmental cooperation; environmental and natural resource policy in the developing world; sustainability, and the conservation of biodiversity. BS-ResEc majors can satisfy their Integrative Experience requirement by taking this course plus Res-Econ 394LI and 471.

Students will reflect on and integrate their learning and experience through the following activities: 1) Update a personal Reflective Portfolio and complete a series of activities in which they inventory and map courses taken, work experience, and extracurricular activities and identify skills they have attained through this experience; develop an updated resume, a networking website profile, and presentations of themselves as Resource Economists; and explore careers in Resource Economics and identify the skills needed to succeed in those career paths, and 2) Participate in weekly team activi