APEC8001: Applied Microeconomic Analysis of Consumer Choice and Consumer Demand
2 Credits
The course provides a rigorous mathematical treatment of cost-benefit analysis in terms of the theory of how prices, income, preferences, and other factors affect consumer choices and the demand for goods and services. The optimization theories and economic models are developed with and without uncertainty. Part of four-course, year-long sequence (APEC 8001-2-3-4)prereq: [[5151 or ECON 3101 or ECON 5151 or intermediate microeconomic theory], [[MATH 2243, MATH 2263] or equiv]] or instr consent