ECO 4207
:
Economics of Risk&Uncertainty
Capstone course. Analyze microeconomic and macroeconomic situations involving risk, uncertainty, and ambiguity. Applications of expected utility theory and mean-variance theory in insurance, behavioral economics, and finance. Applications of empirically measuring and quantitatively modeling time-varying volatility in macroeconomics.
Prerequisites
ECO 2102 and ECO 2101 and ECO 3137