APPLIED RISK ANALYSIS

AAE/ECON 526

Use of quantitative methods (mathematics, statistics, and optimization) to analyze problems faced by decision makers in natural resources and agriculture. Extensive homework requiring use of quantitative methods via spreadsheet tools to solve problems from an applied decision context.

AAE 701

Application of data science methods to economic analyses. Integration of data acquisition, cleaning, analysis, and interpretation in managerial contexts. Emphasis on applications in the agri-food supply chain.

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 737

Preparation for empirical work by examining contemporary econometric techniques as they are used in development, environment and natural resources, and agricultural economics. Review a selection of applied models using past and current research as examples. Develop a deeper understanding of the many facets of empirical research in economics.

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.