QFE 5310 Microeconomic Theory and Applications
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This QFE 5310 Microeconomic Theory and Applications course provides rigorous learning to the theory of microeconomics and the quantitative methods of applying it. Topics to be evaluated include consumer and producer theory, decision making under uncertainty, market and competition, general equilibrium, and game theory. In addition to each topic, empirical research is also conducted through discussion and quantification of the results of journal articles.
Designed for economics and business students, this easy-to-understand textbook uses a variety of applications to describe the basic principles of microeconomics, explain complex economic concepts, and create a foundation for knowledge in microeconomics. In addition, this clear and engaging chapter discusses cutting edge models and explores many practical examples of microeconomic theories in practice.
Compared to other tutorials on this topic, this tutorial is comprehensive and specific and broader coverage of market analysis and its applications. Advanced applications such as consumer choice theory and non-competitive market models complement over 100 shorter applications that reinforce the graphical and logical methods developed in the theoretical chapters. The author's innovative use of related applications promotes student participation and understanding and promotes case-based active learning methods. Discussions of globalization, ethics, sustainability, and other critical contemporary topics can help students understand how economics affects their lives in many often unexpected ways.
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