Cross-listed as HIUS 206 . Covers the same topics as ECON 301 using differential calculus through constrained maximization of functions of several variables. Credit is not be given for both ECON 301 and ECON 311. The study of politics using economic analysis. Includes simple and multiple regression analysis.
Students use computers to analyze economic data.
Special emphasis on applied econometric studies and the problems that arise when analyzing time series and cross section data by means of stochastic linear models. Covers the same topics as ECON 371 using differential and integral calculus. Credit is not given for both ECON 371 and ECON 381. Emphasis is given to solving problems through marginal analysis, decision making under uncertainty, determining and using the value of information, searching and bidding, bargaining and negotiation, and analysis of transaction costs. Methods of capital budgeting, linear programming, game theory and forecasting are examined, and strategic decisions in markets are considered.