This computer-based course will introduce basic economic analytics such as index numbers, cost-revenue-profit relationships, demand/supply dynamics, decision-making using probability models, investment decisions, time-value of money, seasonal adjustment of data, forecasting, measures of poverty/inequality, and optimization methods such as linear programming. Students will also gain proficiency in numerical computation such as Excel, an important analytical tool used in business, government, and academic research for managing and analyzing data. Students may not hold credit for both ECON 2050 and the former ECON 2610 when titled "Measurement and Computation in Economics." [3 credits]
This computer-based course will introduce basic economic analytics such as index numbers, cost-revenue-profit relationships, demand/supply dynamics, decision-making using probability models, investment decisions, time-value of money, seasonal adjustment of data, forecasting, measures of poverty/inequality, and optimization methods such as linear programming. Students will also gain proficiency in numerical computation such as Excel, an important analytical tool used in business, government, and academic research for managing and analyzing data. Students may not hold credit for both ECON 2050 and the former ECON 2610 when titled "Measurement and Computation in Economics." [3 credits]
