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This course provides an overview of how individual consumers and firms interact through the institution of competitive markets. The objectives of the course are for students to understand what a market is; describe the market behavior and be able to make precise predictions regarding the outcomes of market interactions; analyze the welfare properties of market outcomes; understand phenomena that lead to departures from efficiency, such as externalities, public goods, and asymmetric information; and investigate the role of uncertainty in making decisions.
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This course introduces students to a variety of applicable mathematical methods for solving real-world problems. It is intended for students interested in how further mathematics can be used to solve hands-on problems. The economically-minded will be interested in optimizing based on constrained resources, and computer scientists will be interested in the various network algorithms explored. Physicists will find the material at the end of the course indispensable for solving classical problems. The game theory section of the course includes a discussion of the assumptions made about how rational agents act, which may interest psychologists and philosophy students.
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COURSE DETAIL
COURSE DETAIL
COURSE DETAIL
COURSE DETAIL
A research project that assigns students to expert professors in their proposed research topic. The course takes the students' research capabilities to a more professional level. This can be most closely compared to what is called a supervised research project in the USA.
COURSE DETAIL
COURSE DETAIL
COURSE DETAIL
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