Objectives: This is the first course in a two-course intermediate microeconomics sequence. Topics: Probability and Mathematical Expectation Probability Distributions: Binomial, Poisson and Normal Distributions Sampling Theory Statistical Inference and Hypothesis Testing Regression and Correlation Analysis Non-parametric Tests Introduction to Decision Theory. The course also introduces statistical software packages for practical applications. Objectives: The objective of this course is to provide an introduction to statistical methods and their applications in economics and business. Prerequisites: MAT101/ MAT105/ MAT110, ECO101,ĮCO 202: Statistical Methods for Business and Economics Topics: Introduction to Business and Economic models Sets and Functions Linear models, Matrix operations and Systems of linear equations Mathematics of Finance Differentiation and Applications Introduction to Unconstrained and Constrained Optimization Introduction to Linear Programming: Graphical Approach. Objectives: The objective of this course is to provide an introduction to mathematical tools and techniques that are frequently used in microeconomics, macroeconomics, finance, and operations. Topics: National Income Accounting Growth, Unemployment and Inflation Determination of Income and Output Money Market and Interest Rate Role of Government, Monetary and Fiscal Policies International Macroeconomic Issues.ĮCO 201: Mathematics for Business and Economics The aim of the course is to provide a non-technical introduction to the basic macroeconomic theory. This course is also required for BBA major students as an introduction to Macroeconomics. Objectives: This is the first course in Macroeconomics for the students of Economics major. Topics: Basic concepts in Economics Absolute and Comparative advantage, Gains from Specialization and Trade Supply and Demand Analysis Consumer Choice Production and Cost Analysis Theories of the Firm: perfect competition, monopoly, monopolistic competition, oligopoly Theory of Distribution and Welfare Economics Government Intervention and Policies. The aim of the course is to provide a non-technical introduction to the basic microeconomic theory. This course is also required for BBA major students as an introduction to Microeconomics. Objectives: This is the first course in Microeconomics for the students of Economics major. ECONOMICS COURSES Core Courses (all courses: 3 credits)
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