APPLIED ECONOMICS

AAE 101

Introduction to economic ways of thinking about a wide range of problems and issues. Topics include consumption, production, prices, markets, finance, trade, pollution, growth, farms, taxes, and development.

AAE 635

Microeconomic theory applied to consumers, producers, markets, and welfare analysis. Emphasis is on the mathematics of duality and optimization methods. Computer applications of the theory. One semester of linear algebra highly recommended.

AAE 719

Overview of fundamental topics related to macroeconomics, economic measurement, financial markets and forecasting. Concepts include fiscal and monetary policy, the money system, models of aggregate supply and demand, business cycles, financial instruments, productivity, measurements and indicators of employment and economic growth, financial institutions, international trade and finance, and various forecasting methods and models.

AAE/ECON 421

Managerial oriented, applied presentation of microeconomic theory. Quantitative emphasis with extensive homework use of spreadsheets and written executive summaries of applied economic analyses. Applications on natural resources and agricultural markets.

AAE 705

Focuses on developing a conceptual as well as empirical analysis of microeconomic behavior, including production and consumption analysis, technical change, and investment. Emphasizes empirical applications of microeconomics, with implications for efficiency and welfare analysis. Knowledge of statistics such asSTAT/​MATH  309is recommended.