ECON 395 - Topics in Microeconomics and Microeconomic Policy
Section: 002 Risk and Uncertainty
Term: FA 2010
Subject: Economics (ECON)
Department: LSA Economics
Credits:
3
Waitlist Capacity:
unlimited
Enforced Prerequisites:
ECON 101 with a C or better.
Advisory Prerequisites:
ECON 102 (unless ECON 101 completed with B or higher).
Repeatability:
May be repeated for a maximum of 6 credit(s). May be elected more than once in the same term.
Primary Instructor:

This course aims to introduce students to economic models of decision making under uncertainty. We will begin with an introduction to utility theory, and then develop the expected utility hypothesis. We will review some of the classical criticisms of the expected utility hypothesis, and review of the recent alternative models that have been popularized in the behavioral economics literature. We will devote the remainder of the term to a range of market applications of expected utility theory, with special attention paid to insurance markets and asset markets.

For textbook information, please visit the ECON Textbook Information Website. Information will be posted for each class as soon as it is available.

ECON 395 - Topics in Microeconomics and Microeconomic Policy
Schedule Listing
001 (LEC)
P
13197
Open
87
5Sr
86Fr or So or Jr
137UGRD & GRD
-
MW 1:00PM - 2:30PM
002 (LEC)
P
35319
Open
22
10Sr
20Fr or So or Jr
55UGRD & GRD
-
TuTh 8:30AM - 10:00AM
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