ECON 447 Economics of Information and Uncertainty
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In this ECON 447 Economics of Information and Uncertainty unit, students will be introduced to the microeconomic theory of uncertainty and information. The main focus is for students to get knowledge of how uncertainty and information impact decisions and economic issues. Students will learn deeper on how to make decisions under uncertainty and administer it to essential economic challenges such as insurance and financial markets and how various agents relate when they have different crucial economic information.
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