one of the following two courses: either APEC 8202 or APEC 8206; and
one of the following three course/course sequences: (APEC 5481
alone) or (APEC 8802/8803) or (APEC 8601 alone).
These courses are offered by the Applied Economics Department, and are
recommended to those students in our program who wish to enhance their
knowledge of applied economics.
These courses may be taken at any time.
WARNING:
Courses listed on this website may have prerequisites; see the syllabi
to check on those. If you have any question about whether you are
ready to take a certain course, please speak to the course instructor
and/or your advisor.
NOTE:
Completion of these "with Emphasis in Applied Economics" requirements
also also fulfills the requirements for a Master's level minor in
Applied Economics. If you wish to obtain that minor, you'll need to get the
signature of the Applied Econ DGS on your degree program form.
APEC 5151Applied Microeconomics: Firm and Household3 credits Syllabus
Quantitative techniques for analysis of economic problems of firms
and households. Links between quantitative tools and economic
analysis Regression analysis, mathematical programming, and present
value analysis.
APEC 5481Futures and Options Markets 3 credits Syllabus
Economic concepts related to futures/options trading. Hedging,
speculation.
APEC 8202Mathematical Optimization in Applied Economics3 credits Syllabus
Economic foundations and applications of mathematical and dynamic
programming and optimal control. Mathematical optimization concepts;
structures and economic interpretations of various models of the
firm, consumer, household, sector, and economy. Model building and
solution techniques.
APEC 8206Dynamic Optimization: Applications in Economics and Management3 credits Syllabus
Formulation/solution of dynamic optimization problems using optimal
control theory and dynamic programming. Analytical/numerical
solution methods to solve deterministic/stochastic problems for
various economic applications.
