ECON 395 - Topics in Microeconomics and Microeconomic Policy
Fall 2013, Section 002 - Risk and Uncertainty
Instruction Mode: Section 002 is (see other Sections below)
Subject: Economics (ECON)
Department: LSA Economics
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Details

Credits:
3
Waitlist Capacity:
unlimited
Enforced Prerequisites:
ECON 101 completed with a grade of 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:

Description

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.

Schedule

ECON 395 - Topics in Microeconomics and Microeconomic Policy
Schedule Listing
002 (LEC)
 In Person
20471
Open
5
 
-
TuTh 8:30AM - 10:00AM

Textbooks/Other Materials

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Syllabi

Syllabi are available to current LSA students. IMPORTANT: These syllabi are provided to give students a general idea about the courses, as offered by LSA departments and programs in prior academic terms. The syllabi do not necessarily reflect the assignments, sequence of course materials, and/or course expectations that the faculty and departments/programs have for these same courses in the current and/or future terms.

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CourseProfile (Atlas)

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CourseProfile (Atlas)