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.

This is a stand-alone independent study designed by the student and faculty sponsor that involves frequent interaction between instructor and student. Qualitative and quantitative enrichment must be evident on the proposed contract before consent is given to undertake the study.

This course introduces students to theoretical foundations and practical procedures of cost-benefit analysis (CBA) as applied to public natural resources and environmental projects, programs, and regulations. The course will cover critical discussion of strengths and weaknesses of CBA. Students will learn discounting, non-market valuation, and social welfare analysis. This course fulfills the General Education Integrative Experience requirement for BS-ResEc majors when taken with Res-Econ 394LI and Res-Econ 472.

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.

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.

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.

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.

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.

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.