APEC8004

APEC 8004 - Applied Microeconomic Analysis of Social Choice and Welfare (2 Cr.)

Applied Economics (11033) TCOA - College of Food, Agricultural and Natural Resource Sciences

APEC 8004 - Applied Microeconomic Analysis of Social Choice and Welfare (2 Cr.)

Course description

The course provides a rigorous mathematical treatment of cost-benefit analysis in terms of the theory of how prices of goods and services are determined in competitive markets, and the implications of these prices on social welfare. It shows what happens to the prices of goods and services and social welfare when competitive markets fail. Part of four-course, year-long sequence (APEC 8001-2-3-4).

prereq: [[8003 or ECON 8003 or ECON 8103], [[MATH 2243, MATH 2263] or equiv]] or instr consent

Minimum credits

2

Maximum credits

2

Is this course repeatable?

No

Grading basis

AFV - A-F or Audit

Discussion

Lecture

Credit will not be granted if credit has been received for:

01837

Typically offered term(s)

Every Spring