QUANTITATIVE METHODS IN AGRICULTURAL AND APPLIED ECONOMICS

Prerequisites & course information

Requisites: ( MATH 211 or 221 ), ECON 301 , and STAT 301 , or graduate/professional standing Course Designation: Core GenEd - Mathematics & Quantitative Reasoning Breadth - Social Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2023 Learning Outcomes: 1. Develop an understanding of the use of calibrated economic models to study economic policy and the underlying applied price theory. Audience: Both Grad & Undergrad 2. Gain expertise in the formulation of numerical economic equilibrium models with application to trade, public finance, climate and energy policy applications. Audience: Both Grad & Undergrad 3. Describe data sources for sectoral and economy-wide policy applications of calibrated economic equilibrium models. Audience: Both Grad & Undergrad 4. Use GAMS, Excel and other visualization tools to analyze and interpret large, multi-dimensional datasets and models. Audience: Both Grad & Undergrad 5. Demonstrate competence in writing about economic issues on the basis of evidence-based analysis of economic policy proposals. Audience: Both Grad & Undergrad 6. Learn equivalent formulations of partial and general economic equilibrium models in primal, dual and complementarity formats. Audience: Graduate Learning Outcomes: 1. Develop an understanding of the use of calibrated economic models to study economic policy and the underlying applied price theory. Audience: Both Grad & Undergrad 2. Gain expertise in the formulation of numerical economic equilibrium models with application to trade, public finance, climate and energy policy applications. Audience: Both Grad & Undergrad 3. Describe data sources for sectoral and economy-wide policy applications of calibrated economic equilibrium models. Audience: Both Grad & Undergrad 4. Use GAMS, Excel and other visualization tools to analyze and interpret large, multi-dimensional datasets and models. Audience: Both Grad & Undergrad 5. Demonstrate competence in writing about economic issues on the basis of evidence-based analysis of economic policy proposals. Audience: Both Grad & Undergrad 6. Learn equivalent formulations of partial and general economic equilibrium models in primal, dual and complementarity formats. Audience: Graduate