AEM 6700

Last Updated

  • Schedule of Classes - January 9, 2020 9:13AM EST
  • Course Catalog - January 9, 2020 9:14AM EST

AEM 6700
Economics of Consumer Demand

Course information provided by the 2019-2020 Catalog.

This is an introductory course in microeconomic theory and its empirical applications focusing on consumer demand. It uses core of consumer theory and mathematical economics to develop and estimate a variety of econometric models of consumer behavior and demand response. Considers models of aggregate, discrete choice, and discrete-continuous demand models; and their applications using secondary data and large point-of-purchase data. Examines applications of experimental economics to study consumer behavior and demand response. Introduces time series models to forecast demand and analyze price transmission.


Prerequisites/Corequisites Prerequisite: ECON 3030, MATH 1110, AEM 4110 or equivalents.

Outcomes

  • Define the theories and the types of data available for estimating models of consumer demand.
  • Develop a variety of econometric models that address fundamental problems in conventional econometric analysis of consumer demand.
  • Analyze the literature on applied demand analysis.
  • Demonstrate experience in framing, solving, and communicating solutions to economic research problems.
  • Preparation for advanced courses in microeconomics.

When Offered Fall.

View Enrollment Information

Syllabi: none

  •   Regular Academic Session. 

  • 3 Credits Stdnt Opt

  • 15618 AEM 6700   LEC 001

  •  

  • Instruction Mode: In Person

    Prerequisites: ECON 3030, MATH 1110, AEM 4110; or equivalents.