A study of the application of economic theory to production economics and consumer demand systems. The course links static micro economic theory to the behavior of economic systems. This course includes a survey on the choice of functional form, the application of duality, and other aspects related to econometric estimation. The course also examines aspects of welfare measurement, technological change and dynamic problems involving risk and uncertainty. Weekly hours: 3 Lecture hoursPermission of instructor required. Note: Students with credit for BPBE 820 may not take this course for credit.
A study of the application of economic theory to production economics and consumer demand systems. The course links static micro economic theory to the behavior of economic systems. This course includes a survey on the choice of functional form, the application of duality, and other aspects related to econometric estimation. The course also examines aspects of welfare measurement, technological change and dynamic problems involving risk and uncertainty. Weekly hours: 3 Lecture hoursPermission of instructor required. Note: Students with credit for BPBE 820 may not take this course for credit.
