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Nov 23, 2024
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ECON 600 - Advanced Quantitative Methods for Economists Units: 4 Mathematics and statistics for graduate economic and econometric theory.
Prerequisites: Post-baccalaureate standing. Possible Instructional Methods: On-ground. Grading: A-F grading only. Student Learning Outcomes - Upon successful completion of this course students will be able to: - Apply single-variable calculus to economic decision making, including pricing and profit maximization.
- Apply constrained optimization methods to economic decision making, including utility maximization and cost minimization.
- Understand important concepts in probability theory, including discrete and continuous random variables and probability distributions, and their applications to economics.
- Calculate and use various sample statistics to estimate population parameters, and understand their relationship to sample coefficient estimates in econometrics.
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