APEC8003: Applied Microeconomic Analysis of Game Theory and Information
2 Credits
The course provides a rigorous mathematical treatment of cost-benefit analysis in terms of the theory of how strategic interactions between consumers and producers (game theory) and information affect prices, resource allocation, and welfare. The optimization theories and economic models are developed in the contexts of both market and nonmarket goods and services. Part of four-course, year-long sequence (APEC 8001-2-3-4).prereq: [[8002 or ECON 8002 or ECON 8102], [[MATH 2243, MATH 2263] or equiv]] or instr consent