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A A E 705

APPLIED MICROECONOMICS

3 credits.

Focuses on developing a conceptual as well as empirical analysis of microeconomic behavior, including production and consumption analysis, technical change, and investment. Emphasizes empirical applications of microeconomics, with implications for efficiency and welfare analysis. Knowledge of statistics such as STAT/MATH 309 is recommended.

Prerequisites & course information

Requisites: A A E 635 and graduate/professional standing Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2020 Learning Outcomes: 1. Understand formal models of economic problems such as production and consumption allocations and the efficiency consequences. Audience: Graduate 2. Employ analytical and mathematical models to analyze economic problems. Audience: Graduate 3. Articulate and critique theories and practices in such analyses. Audience: Graduate 4. Communicate clearly economic and policy issues related to such analyses. Audience: Graduate Learning Outcomes: 1. Understand formal models of economic problems such as production and consumption allocations and the efficiency consequences. Audience: Graduate 2. Employ analytical and mathematical models to analyze economic problems. Audience: Graduate 3. Articulate and critique theories and practices in such analyses. Audience: Graduate 4. Communicate clearly economic and policy issues related to such analyses. Audience: Graduate

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