90-710, Applied Economic Analysis

12 units

Prerequisites: None

Skills: Precalculus (algebra and analytic geometry)

Required for: Required for First Year MS, MAM, MSD

Delivery Format: On-Campus

Description:

This course is an introduction to economics presented at a fairly advanced level. The content and theoretical development of the course is similar to a standard intermediate microeconomics course. Included are such standard topics as consumer choice, the theory of the firm and market structure. The course has a special focus, however, on topics related to public policy issues. For example, particular attention is placed on market efficiency, welfare economics, and the economic rationale of government. Also included is a brief discussion of macroeconomic issues.

A major goal of the course is to foster the ability among students to apply economic reasoning to the analysis of public policy. Applications may include, for instance, the effect of sales or excise taxes, antitrust and merger policy, labor market discrimination, and issues concerning government programs of income redistribution.

Last modified on May 31, 2006