ECON 142

Probabilistic Microeconomics

Description: Lecture, three hours. Requisite: course 101. Combination of basic probability introduced in Statistics 11 with microeconomic models presented in courses 11 and 101 in order to explain phenomena such as insurance, job search, and stock market behavior. Optimal production and consumption under uncertainty. Review of probability and introduction to alternative measures of risk and risk aversion. P/NP or letter grading.

Units: 4.0
1 of 1
1 of 1

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